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The board has long maintained that if the pension laws are allowed to stand, the Plan of Adjustment would not be implemented, scuttling the entire bankruptcy deal.

Malveaux will take the reins from Carol Polumbo in 2022 at the Southwest's top bond counsel firm.

An influx of federal funds contributed to the stable outlook.

The Illinois Municipal League will press lawmakers to support giving local governments more time to hit a 90% funded ratio and lowering the target to 80%.

The framework that will guide federal transportation strategy in the coming years does not currently include any financial goals or objectives.

Experts discuss the proliferation of chief diversity officers across the industry and what it may mean for future progress in diversity.

Daily report for December 21, 2021

The Build Back Better in its current form essentially has been killed by Sen. Joe Manchin, likely limiting the potential for tax hikes in the coming year.

To qualify for bond credit enhancement, the state treasurer requires school districts certify compliance with a court ruling against public health mandates.

Sen. Schumer said the Senate would take up Build Back Better "very early in the new year."

Photos from The Bond Buyer's annual gala honoring exemplary public finance transactions and Trailblazing Women in Public Finance.

Daily report for December 20, 2021

Municipal volume is estimated at a lean $558.8 million with $494.7 million of negotiated deals and $64.2 million on the competitive slate. Thirty-day visible supply is at $3.17 billion.

While the U.S. continues to lag pre-pandemic levels, Puerto Rico is now ahead by 2.3% from November 2019.

The measure is a response to long-time criticism of ballot titles and summaries crafted by the California Attorney General's office.

The Missouri State Employees Retirement System filed an amended complaint against Catalyst Capital Group Inc. accusing it of mismanaging investments. The firm counters the fund is trying to shift the blame for its own mismanagement.

“Our state’s strong economic recovery has accelerated back to pre-pandemic levels for unemployment and GDP,” said Gov. Bill Lee.

Pushing the massive bill into 2022 reduces its overall chances of passage but increases the chances of reviving muni-related provisions.

Pandemic or not, major projects must continue, say New York Gov. Kathy Hochul and the Port Authority.