Coronavirus

The GFOA is advocating for federal funding for special districts, which have not received any specific funding.

Moody’s Investors service downgraded the archdiocese to Baa1 from A1.

Groups want action before municipalities have to approve their budgets.

Numbers in the fall will offer clearer picture of where economy is.

The path to recovery from the coronavirus — medical and economic — remains murky and unclear.

With the status of federal relief uncertain, Illinois may ask lawmakers for approval to borrow as much as $4.5B through the Fed's MLF to deal with a coronavirus pandemic tax hit in fiscal 2021.

Municipal to U.S. Treasury ratios were attractive, especially on the short end, which drove secondary yields lower.

FOMC members see uncertainty and considerable economic risk from the coronavirus.

Moody's warns the current economic turmoil poses more pension-related credit risks for Illinois and many of its local governments than did the Great Recession.

The agency has lost substantial revenue from plummeting ridership and faces rising COVID-19-related expenses.

The mass transit system still holds a strong presence despite three bond rating downgrades amid the coronavirus, Chief Financial Officer Robert Foran said.

The policy case for federal support is strong: in the coronavirus era, the U.S. is looking at an emergency that is the equivalent of 50 states worth of hurricanes, fires and floods, lasting more than two years, with a very slow economic rebound.

Hawaii struggles to close shortfall while crafting reopening plan.

As Gov. Charlie Baker reopens the state, a taxpayer group paints a dire revenue picture.

The front of the municipal yield curve is 'astounding' and traders said dealers are uncharacteristically accepting the levels, likely due to the historically attractive ratios.

The Evanston, Illinois-based university will offer $300 million of taxable debt as soon as Wednesday after losing its gilt-edged rating status.

New Mexico is expected to face sizable structural deficits because of declining oil and gas prices and production, the rating agency said.

In March 2020, spreads skyrocketed to 97 basis points before dropping slightly to 88 basis points in April 2020.

New York's DASNY is expected to make a $1 billion private placement Friday.

State lawmakers passed a continuing resolution, and expect to return to Columbia in September to complete work on a budget for fiscal 2021, which begins July 1.