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Such a loan would be legal and would offer the best terms available to the utility, the board said in a court filing.
February 5 -
Muni market participants are ready for yet another week of low volume and high volatility, with investors keeping their money on the sidelines until the markets stabilize.
February 5 -
International enrollment is declining as the higher education sector becomes more tuition dependent.
February 5 -
Oregon voters upheld temporary taxes that support the state's ACA expansion
February 5 -
The bill would let governments invest funds in mutual, closed-end and exchange-traded funds, and high-quality corporate bonds.
February 5 -
Chicago has yet to identify to how it will pay for higher future pension funding, but Kroll says the city can manage.
February 5 -
NABL details at least seven alternatives for outstanding bonds as well as five ways that new bond transactions can be structured.
February 5 -
Benefit changes for the city’s public safety pensions will remain, said Moody's Investors Service.
February 5 -
Kevin Corbett, Gov. Phil Murphy’s choice to lead New Jersey Transit, faces a host of fiscal, infrastructure and governance challenges.
February 5 -
Four years after passing a $182 million school bond measure, Escondido Unified School District is considering asking voters for an additional $150 million.
February 5 -
A provision in the New York governor's budget plan would enable the Metropolitan Transportation Authority to create tax increment financing districts in New York City.
February 5 -
Olympia School District and Yelm Community Schools both have measures on the Feb. 13 ballot.
February 5 -
Action in the primary muni market has been slow and low in 2018 and yields have spiked recently, with investors increasingly moving to the sidelines to wait for calmer waters. However, some view this as a buying opportunity and are urging others to jump in with them.
February 5 -
Orrick Herrington & Sutcliffe will establish its second-largest public finance team in Houston with more than two dozen hires from Andrews Kurth Kenyon.
February 5 -
Faced with yet another week of low volume and high volatility, muni market participants hope for improvement in February.
February 5 -
Federal Reserve Chairman Jerome Powell emphasized a commitment to better communication with the public.
February 5 -
Syncora will pay $350 million under the agreement, which doesn't include any Puerto Rico exposure.
February 5 -
The Conference Board's Employment Trends Index (ETI) rose to 106.93 in January from a downwardly revised 106.59 in December.
February 5 -
The U.S. services sector expanded in January as the non-manufacturing business activity composite index was 59.9.
February 5 -
The federal tax overhaul and belt-tightening at the state level cast a pall of uncertainty over the $88.67 billion preliminary fiscal 2019 budget plan.
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