Subject Root Tag

States and local governments have turned to deficit borrowing, spending cuts and other ways to keep up with increased expenses due to COVID-19.

The $350 billion direct aid would be only about one-third of the $900 for state and local governments that the House passed last year and the Senate blocked.

The Foothill-Eastern toll road authority in California made a tender offer ahead of a planned sale, and exchanged the bulk of the debt it wanted to refund.

Our municipal impact strategy will continue to refrain from investing in school districts that are not actively, urgently and aggressively acting to identify and thwart violence against students.

Rising state-supported debt and sidestepping best practices alarm the comptroller.

Climate change should be the focus for investors and issuers in 2021 as the need for addressing the problems it causes is more pressing than ever. Sean Kidney, CEO of Climate Bonds Initiative, lays out the case. Lynne Funk hosts. (35 minutes).

Daily report for January 28, 2021.

State tax collections are faring better than predicted early in the COVID-19 pandemic but uncertainties abound, says a University of Illinois task force fiscal report.

The rating agency placed 637 of the roughly 3,400 school districts it rates on review for upgrade or downgrade, and upgraded 85.

The state is attempting to abolish the Miami-Dade County Expressway Authority.

Fed chair says it's unlikely there will be "troubling inflation" any time soon, and rates will stay low and asset purchases will continue at current levels. ICI reports another $3.24 billion of inflows as munis follow UST to lower yields.

Gov. Tim Walz's proposed tax hikes to eliminate a budget gap and produce new revenue for his economic initiatives drew GOP backlash.

The initiative aims to figure out ways to finance infrastructure as state and local governments weather the pandemic.

While a traffic turnaround may already be starting, analysts warn it will be a slow and difficult return for the airport sector to pre-pandemic levels.

Gov. John Bel Edwards wrote to President Joe Biden requesting additional federal funding for communities hard hit by three hurricanes in 2020.

This is the first time a coalition representing the buy-side, sell-side and others on the business side of public finance will lobby for specific municipal bond provisions on the Hill.

Daily report for January 27, 2021.

The pension system is in an “accelerating death spiral,” he said. In contrast, he offered good news about the territory's water and power authority.

New issues priced with ease with high-grade issuers tight to triple-A benchmarks. It was the first time the municipal yield curve saw such noticeable movement, following little changed secondary activity for nearly the past two weeks.

The Illinois legislature passed a pension benefit enhancement for a group of Chicago firefighters. If Gov. J.B. Pritzker signs it, local taxpayers will pay up.