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A city council committee received staff recommendations to fully fund the Police and Fire Pension System within 30 years.
May 28
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Munis sold off last week "as the anticipated market correction may have finally started ahead of the summer reinvestment period," said Jason Wong, vice president of municipals at AmeriVet Securities.
May 28
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California senators approved a tax measure to raise $1.5 billion after the bill's author promised further tweaks to occur on the Assembly side.
May 28
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A pair of muni market experts propose cities and towns borrow through state-based, credit-enhanced bond banks to make the market more efficient.
May 28
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Over $15 million in utility revenue bonds have been called into question.
May 28
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Marty Mannion and Matt Schrager, managing directors and co-heads at TD Securities Automated trading division, discuss how automation and electronic trading are creating more opportunities and better outcomes for municipal market participants, including making muni bonds more accessible to a broader range of investors.
May 28
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The move to reclassify marijuana as a less-dangerous drug comes amid slowing growth of cannabis-related tax revenue in states that legalized it, like Colorado.
May 28
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The Municipal Forum of New York presented three awards to industry leaders and veterans at its annual awards and leadership fellows fundraising dinner.
May 25
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"For each May dating to 2021, the average 30-year MMD was 2.74% — or 122 basis points below the current yield," FHN Financial's Kim Olsan said. "The recent adjustment offers better investor value."
May 24
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Like many higher education institutions, the university's financial woes started when enrollment dropped thanks to the COVID-19 pandemic.
May 24
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With a myriad of challenges facing state and local governments to fund vast infrastructure needs amid a shifting climate and severe weather events, there are government officials across the country that have begun to address them head on. Paying for them is one of the biggest challenges.
May 24
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As EVs and fuel-efficient cars become more common, states and Congress are eying alternative revenues like road user charges.
May 24
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The majority of the debt sold for the state's community choice aggregators came through CCCFA, a conduit issuer that ranked third among all issuers nationwide for volume issued in 2023.
May 24
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The authority's CEO said it has no money for facilty maintenance.
May 23
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Municipal bond mutual funds saw the second week of outflows as investors pulled $217.6 million from the funds after $546.2 million of outflows the week prior, according to LSEG Lipper. High-yield saw inflows again.
May 23
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Population growth has spurred economic growth in the South. But the changing climate, and risks climate change poses there, may turn that equation on its head.
May 23
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The board has knocked out nine pieces of interpretive guidance from its inter-dealer confirmation Rule G-12(c) following comments from SIFMA.
May 23
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Local rainfall standards, which affect the design of everything from roads to bridges and stormwater systems, offer a clue whether a city or state is taking infrastructure resilience seriously. Outdated standards remain in many areas, like in the Pacific Northwest.
May 23
