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Texas lawmakers are taking unprecedented steps to limit local control of government, advocates for cities and counties say.

Justifying the latest bid to recover funds related to illegally issued debt, the board says the legislature failed to authorize the pension system bonds.

New York City’s economy grew 3.0% in the first quarter, Comptroller Scott Stringer reported on Monday.

Austin Energy expects to reduce the cost of power from an East Texas biomass plant by buying the Nacogdoches facility.

Two Federal Reserve Bank presidents discussed how trade policy is effecting the economy; neither seemed ready to cut interest rates.

Federally funded infrastructure programs are critical. Sometimes they are the only viable means for infrastructure investment for certain projects.

The Connecticut Housing Finance Authority became the first housing entity to use the Secured Overnight Financing Rate when it issued $100 million of variable-rate bonds.

Iowa's PEFA gas deal and North Carolina GARVEEs lead the way.

GFOA had a previous president from the higher education sector, but Stone is the first from the K through 12 sphere.

Steven Gibson became president last year and is the deputy city manager in Rock Hill, South Carolina.

Municipal Securities Rulemaking Board Chair Gary Hall said the MSRB will examine governance rules such as the time period between when individuals leave their industry jobs and when they are allowed to become public board members.

GFOA members also will elect five new members-at-large.

The positive side is the bipartisan legislation for reinstatement introduced by 10 House lawmakers last week has a high possibility of being included in any infrastructure legislation that passes that chamber.

Issuers are concerned that the Municipal Securities Rulemaking Board reopening discussion of Rule G-23 could bring back "shady" practices.

GFOA members said they were taken aback and in some cases upset about the tone of the National Federation of Municipal Analysts' letter to regulators.

The governor's preliminary proposal relies on $17.8 billion of borrowing over six years.

With Memorial Day and the unofficial start to the summer approaching, the municipal bond market continues to dance to the same old song.

The orchestra received a first-time A rating from S&P Global Ratings ahead of its bond sale next week.

An IRS opinion that the existing bonds are tax-exempt is key to the exchange offer.

Municipal bond industry groups have been clamoring for advance refundings to be reintroduced as well as an expansion of PABs and direct-pay bonds.