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The New York MTA is set to issue $50 million of variable rate revenue bonds on Clarity Bidrate Alternative Trading System, highlighting the uptick in usage of variable rate debt.

Mayor Lori Lightfoot called on Edward Burke, the former finance committee chair, to resign from city council after new federal corruption indictments.

An uptick in inflation may be a sign that Federal Reserve Chair Jerome Powell was right when he said a dip in prices could be brief, allowing patience on rates.

The rule will take effect 30 days after publication in the Federal Register, which usually takes about three business days.

Financing would hinge on two major variables: the success of Hudson Yards-type value capture outside Manhattan, and aid from the federal government.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.74% from 3.75% the week before.

Platte County wants a summary judgment that would let it off the hook for debt issued with its appropriation pledge for the Zona Rosa shopping center.

Congestion pricing and other promised streams still leave unanswered questions for New York's transit agency.

The United Methodist Retirement Communities' $18 million sale follows a one notch downgrade by Fitch Ratings to BBB.

A large industrial revenue bond issue closed out the primary in a holiday-shortened week for the municipal bond market.

Minority Republicans had gummed up progress by forcing the House clerk to read every line of every bill, before two members broke ranks.

Baltimore is locked out of many of its computer systems by online hijackers demanding more than $100,000 worth of bitcoins to restore them to the city.

The board referred 13 public entities to the Puerto Rico Secretary of Justice and U.S. Department of Justice.

State and local governments would be able to issue tax-exempt PABs not subject to state volume caps if at least 95% or more of the net proceeds are used for green infrastructure.

Gov. Ned Lamont and Connecticut lawmakers are studying a proposal to essentially exchange much of the state’s income tax for a payroll tax.

A decline in pending home sales and a widening trade deficit suggest growth will slow this year.

Scott Waguespack will chair the committee that vets city bond deals and other financial transactions.

The legal argument made against revenue bonds just doesn't make sense in the market-based world.

Natalie Cohen and Lynne Funk Posner discuss climate change — from floods to hurricanes to Superfund sites — and how these issues affect state and local governments.

Demand for tax-exempt income overwhelmed the usual selling in the secondary market during tax season.