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The Securities and Exchange Commission has concluded its investigation of the West Contra Costa Unified School District's bond program without any sanctions, the agency announced.
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Regional School Unit 9 directors voted unanimously Thursday to use the majority of $729,954 in additional state funds to reduce tax assessments and borrowing for capital improvement projects.
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Treasury Secretary Steve Mnuchin has until Sept. 18 to complete his department’s review.
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To make sure Puerto Rico’s government only spends on what it believes to be necessary, it has instituted a 5% spending freeze on its departments.
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Top-rated municipal bonds ended mixed on Tuesday, according to traders, as the first of the week’s big deals came to market, led by the Bay Area Toll Authority’s $1.4 billion deal.
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Illinois Gov. Bruce Rauner reshaped a school funding bill Tuesday, cutting CPS' piece of the pie.
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The Puerto Rico Oversight Board recommended shifting federal funding to an earned income tax credit from welfare programs on the island.
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Public finance guru Richard Ravitch analyzes the New York region’s transit crisis and compares it with the problems he faced when he oversaw the MTA in the late 1970s. Hosted by Paul Burton.
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Revenue from proposed federal freight tax would supplement declining gas tax collections, ARTBA says.
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Marion County and Indianapolis council approved the first $20 million in financing for a new criminal justice center.
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The Securities and Exchange Commission is investigating whether a municipal advisor for Babylon, N.Y. bond financings had a conflict of interest and violated his fiduciary duty by also owning a company that provided the town with workers.
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One of Kevin O'Toole and Rick Cotton's priorities as chairman and executive director will be to restart the search for a chief executive officer.
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Top-rated municipal bonds were mixed at mid-session, according to traders, who were seeing the first of the week’s big deals come to market, led by the Bay Area Toll Authority’s $1.4 billion deal.
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The Treasury Department Tuesday auctioned $45 billion of four-week bills at a 0.990% high yield, a price of 99.923000.
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After months of deliberation, standoffs and subsequent silence, the Rhode Island legislature has come to an agreement on a budget for fiscal 2018.
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Construction spending was down 1.3% in June, with a 0.1% decline in private construction and a steep 5.4% drop in public construction, data released by the Commerce Department Tuesday morning showed.
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The Honolulu City Council approved $350 million in GOs in mid-June to support its rail project
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The Lombard, Ill. Public Facilities Corp. is seeking to restructure its $190 million of now defaulted debt.
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Municipal bond traders on Tuesday are set to see the first of the week’s big deals come to market, led by the Bay Area Toll Authority’s $1 billion deal.
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Personal income was unchanged in June, while nominal PCE was up 0.1%, and the core PCE price index posted another modest 0.1% gain, data released by the Commerce Department Tuesday morning showed.
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