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The expected GFOA guidance will come as governmental units prepare to meet a Jan. 1, 2020 deadline set by the Government Accounting Standards Board for treating all leases as financings for the right to use an underlying asset.
May 6 -
Build America Mutual's Les Richmond said that state and local governments might want to consider their disclosure obligations in the light of the more robust risk assessments they'll soon begin getting from their actuaries.
May 6 -
Reinstatement of advance refundings could be packaged with infrastructure legislation because many state and local governments have used the savings to finance new infrastructure.
May 6 -
The Securities Industry and Financial Markets Association's newest model documents incorporate months of experience with the year-old issue price regulations, which most issuers think are working well.
May 6 -
Issuers and the MSRB are mostly on the same page about primary offering practices that may warrant scrutiny, but some members of the GFOA's debt committee are concerned about "regulatory creep."
May 6 -
Puerto Rico would have to have a vibrant economy and a stable government that is fiscally sound, said Rep. Rob Bishop.
May 4 -
Missouri lawmakers could move to remove their governor or take other punitive action.
May 4 -
The city won back its investment-grade rating ahead of the refunding deal that marks its return.
May 4 -
Another low volume week is on top, but the scarcity value is driving demand as the market continues to be strong in the face of rising interest rates.
May 4 -
The Harvey, Illinois, fiscal crisis highlights bondholder risks posed by pension underfunding, Moody's says.
May 4 -
Newly issued Treasury securities held in stripped form increased about $5.475 billion in April to a total of $279.954 billion.
May 4 -
The $914 million deal will help finance a $7.4 billion project to renovate and expand the airport.
May 4 -
A total of 3-4 rate hikes this year remains viable, Federal Reserve Bank of San Francisco President John Williams said in a televised interview Friday.
May 4 -
The United States economy is healthy, according to Federal Reserve Bank of New York President William Dudley, who said he would be surprised if a recession occurred in the next couple of years.
May 4 -
The municipal bond market will see another light new issue calendar next week with volume estimated at $4.86 billion.
May 4 -
New York MTA now puts the tab for the 13-year-late project at $11.2 billion, more than two-and-a-half times its original estimate.
May 4 -
Three members of the community vision team that guided last year's failed 30-year, $78 million proposal offered a post-mortem for the Hays USD 489 school board Monday night.
May 4 -
A flyer opposing Northwest Community Schools' upcoming bond vote has been showing up in district residents' mailboxes for a couple of weeks.
May 4 -
The Wenatchee School Board will meet in the coming weeks to discuss what happens next after the $120 million bond proposal to remodel and expand Wenatchee High School failed last week to meet the 60% approval threshold.
May 4 -
U.S. hiring rebounded in April and the unemployment rate dropped below 4% for the first time since 2000, while wage gains unexpectedly cooled, suggesting the labor market still has slack to absorb.
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