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The county will tap reserves and eliminate vacant positions to meet budget challenges driven by billions of dollars of child sexual abuse settlements.
October 3
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Raymond James has added four senior public finance professionals — two to its Chicago office, and two to a new office it is opening in Naperville.
October 3
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"While the shutdown will eventually be resolved, present circumstances may catalyze tactical investment opportunities as a way to capture even more compelling yield and income opportunities," said Jeff Lipton, municipal market intelligence analyst for The Bond Buyer.
October 2
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Four cities were ordered to halt recent tax hikes pending an investigation of whether they complied with a state law that enforces a deadline for annual audits.
October 2
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The rating agency cited narrowing reserves and the expectation that the city will experience declining revenues next year.
October 2
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The Baa3 rated government will now have more trouble supporting the struggling Guam Memorial Hospital, Moody's Ratings said.
October 2
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The board also said it plans to return more than $23 million in surplus operating reserves to the municipal bond industry.
October 2
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Political dysfunction is far and away the leading economic and policy concern for muni market participants, according to a new Bond Buyer infrastructure survey.
October 2
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Ohio Gov. Mike DeWine's property tax working group released its final recommendations on Tuesday.
October 2
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Los Angeles County supervisors asked staff to draft restructuring alternatives for the county's Office of Emergency Management.
October 2
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While the cost of caring for older people can pressure municipal issuers, in states like Florida wealthy seniors can also contribute to economic vibrancy.
October 2
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If the shutdown lingers, disruption to key economic data releases could increase market uncertainty, said Tom Kozlik of HilltopSecurities.
October 1
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Summit Utilities Oklahoma used reserve funds to help cover an Oct. 1 payment on taxable bonds sold in 2022 through the Oklahoma Development Finance Authority.
October 1
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SIFMA looks forward to "the SEC approving this rate card, and the resulting fee reductions," Leslie Norwood said.
October 1
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Supply is expected to rebound in October, when BofA Securities estimates that issuance will reach $58 billion.
October 1
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Sophisticated issuers and investors shared insights into how they navigate the complexities of the municipal bond market at The Bond Buyer Infrastructure event.
October 1
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The Congressional Budget Office said Tuesday that federal agencies would lose $400 million each day during a shutdown.
October 1
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Four hired as counsel and seven other staff members are bulking up the team's D.C. and New York offices.
October 1
