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The Oklahoma Turnpike Authority asked the court to approve $500 million of bonds to jumpstart funding for a $5 billion extension project.
May 24 -
Weakening revenues should be a red flag for states, particularly those planning tax cuts, said Lucy Dadayan of the Urban Institute's Tax Policy Center.
May 24 -
"While everyone is watching the federal government experience a debt crisis and come close to defaulting on our nation's debt for the first time in history, Miami's credit rating was just recently upgraded," said Mayor Francis Suarez.
May 24 -
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The state-supported deal with Ørsted for a $1.6 billion wind farm off of Atlantic City's Coast is awaiting federal Record of Decision this summer.
May 23 -
"It's good news/bad news for fixed-income markets," said Nuveen strategists Anders S. Persson and Daniel J. Close.
May 23 -
A consensual plan of adjustment is unlikely to be reached, according to one observer.
May 23 -
Inflation joined supply chain struggles, wage pressures, and the labor shortage — most acutely felt with nursing staff — dragging down the sector's margins.
May 23 -
Austin planned to use property taxes approved by voters in 2020 to pay off bonds for the project.
May 23 -
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Senior Bank of America investment banker Jill Schwartz discusses her own board roles, how women can serve on nonprofit boards, and how they can drive change, in conversation with Chana Schoenberger, American Banker's Editor-in-Chief.
May 23 -
Diversity, equity, and inclusion concerns are exerting more influence in public finance.
May 23 -
The new law's uncertain impact on cities and states has been a hot topic at the GFOA's annual conference this week.
May 23 -
The work from home environment will reduce city property tax collections in coming months and years, analysts say, creating financial issues.
May 23 -
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Gov. Brian Kemp announced projects that will receive $225 million in funds from a program created under the American Rescue Plan Act.
May 22 -
Since the 52-week low on April 12, yields have risen by an average of 46 basis points.
May 22 -
Arizona, Nevada and California announced an agreement on Colorado River water use reductions, possibly averting a more stringent federal solution.
May 22 -
"Ultimately, the case for fixed income generally, and munis specifically, is much stronger today than it was a year ago," said Nick Vendetti, municipal bond fund portfolio manager with Allspring Global Investments.
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