Commercial banking

Tardy annual financial audits could strip Texas cities of their ability to raise property tax rates under a state law that takes effect Sept. 1.

Daily report for July 01, 2025

Leah Warwick is the Senior Content Manager for the American Society of Administrative Professionals (ASAP), the leading provider of training, community, and resources for admin professionals worldwide. ASAP produces the Professional Administrative Certification of Excellence (PACE), online courses, and annual training events, such as the Administrative Professionals Conference (APC) and EA Ignite. Learn more at ASAPorg.com.

This week has the July 4th holiday, with only $2.5 billion on tap in the primary bond market, though investors have tens of billions in reinvestment cash.

The budget is a good sign, analysts say, and may be a first step towards ultimately ending the Oversight Board's authority over the territory.

Dan Rubin is the founder and CEO of YELO Funding, a fintech company that offers income-contingent financing to U.S. college students of all backgrounds. Mr. Rubin has 25 years of principal investing, investment banking, restructuring and operational experience, including roles as co-founding partner of YAD Capital, a private credit investment firm, private equity real estate investor at Halpern Real Estate Ventures and JEN Partners, investment banker at Lehman Brothers and turnaround consultant at Deloitte. He holds an MBA from NYU Stern School of Business.

The law would allow up to $800 million in bond funding if Major League Baseball selects Portland, Oregon, for an expansion or transplant team.

University of Virginia president James Ryan resigned under White House pressure as the Trump administration pushes higher education to comply with its ideology.

The Senate advanced the One Big Beautiful Bill Act through a procedural vote, opening the legislation for debate followed by Monday's vote-a-rama.

GFOA Today 2025, day 1

The top finisher in the Democratic mayoral primary wants the city to issue $70 billion of additional affordable housing bonds. 

Sanchez said the GFOA's debt committee in particular is a place where there could be discussion about what kind of controls are necessary to address the situation. 

The guidance comes as the tender market has grown from zero to $48 billion since 2019.

Working out the differences between the Senate and House budget bills might result in lawmakers reaching for ways to pay for extending tax cuts and finance new programs which could put tax-exempt munis back on the negotiating table.

A change in leadership at the Government Finance Officers Association comes on the heels of an all-time record membership level.

Daily report for June 30, 2025