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GFOA considers a minimum baseline level of reserves to be 16%.

Although up from the worst levels, indicators are not signalling recovery.

With postponing expenditures and the rainy-day fund withdrawal, the state still forecasts a yearend surplus.

The Federal Reserve has already unleashed a barrage of new policies to keep the economy out of depression. Investors reckon it’s lining up another one.

Philip Plotch of St. Peter's University discusses his book, "Last Subway," about the decades-long tussle to complete the New York megaproject. Paul Burton hosts.

Daily report for May 26, 2020.

Without federal funding, many toll facilities will be forced to comply with bond covenant requirements, which could mean reductions in workforces and delays in capital projects, toll groups said.

The primary supply for the holiday-shortened week is projected to dip to just over $4 billion, with a mix of tax-exempt and taxable issuance led by Colorado’s $500 million of certificates of participation.

Red tape and the need for more funding has slowed the process, according to the NLC.

Moody's Investors Service cut the Catholic college in New Jersey to Baa1 citing its rising debt burden.

The Fourth Circuit Court of Appeals found the state improperly valued CSX's land.

The Fed says it has more ammunition; experts define what those bullets are.

The Unsecured Creditors Committee say that two factors make it clear the current restructuring deal will never be approved.

Denver International Airport plans to apply up to $560 million of existing bond funds to accelerate a gate construction project.

The announcement comes at a pivotal time for the municipal market as the SEC released a statement earlier this month detailing the kinds of coronavirus disclosures municipalities should be making.

First finance officer from a K-12 school district to serve as GFOA president had to deal with coronavirus fallout.

GFOA will be launching a new online learning-management system by the end of the year to connect its members.

The board, a vestige from the 1970s fiscal crisis, is a lingering motive for the city to approve a balanced budget.

Investors, while confident long-term about the transit authority, worry about immediate risks, Chairman Patrick Foye said in a letter.

Daily report for May 22, 2020.