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A water advocacy group asked policymakers to create a muni bond short-note program specifically for water utilities.
June 10 -
If additional federal aid is not approved in July, one NLC official predicts there will be “a cratering of local budgets.”
June 10 -
The U.S. labor market has continued to heal at a relatively rapid rate through early June, St. Louis Federal Reserve researchers found, using real-time data that provides a more timely view than official government reports.
June 9 -
Flagship schools in Michigan, Ohio and Iowa made multiple coronavirus-related disclosures in their offering documents.
June 9 -
Many expect this recession, just officially announced Monday, could already be done.
June 9 -
Municipalities are making draws on reserves as revenues fall due to the pandemic.
June 9 -
Despite changes made to the Fed's Municipal Liquidity Facility, lawmakers say smaller communities in populous states are left out.
June 9 -
The New York mayor's move reflects a nationwide response to protesters in the aftermath of the death of George Floyd.
June 9 -
Mayor Lori Lightfoot and her finance team warn that this year's budget gap is getting bigger, and that painful choices are coming without federal financial aid.
June 9 -
The central bank will increase support for credit issued through the Main Street Lending Program while providing midsize firms with more flexibility on the amounts they receive.
June 8 -
Measure seeking billions of general obligation bonds without voter approval cleared General Assembly late last week but faces uncertain fate in the State Senate.
June 8 -
Lawmakers have until June 15 to adopt a budget. Democratic leaders in the legislature have not embraced Gov. Gavin Newsom's proposed cuts.
June 8 -
The cities enter a primary municipal bond market prepared to absorb $9 billion of deals this week.
June 8 -
With states now reopening, will consumers return to their pre-crisis consumption behaviors?
June 8
UMB Bank -
The pandemic's effect on public transportation has revived debate about the role of bicycles, ferries, in-city commuter rail and other alternative modes.
June 8 -
States that are projecting fiscal 2021 revenue declines of more than 15% include California, Colorado, New Jersey, New Mexico, Oklahoma, and Vermont.
June 5 -
Jobs added and the unemployment rate well below expectations suggest April may have been the bottom.
June 5 -
The Queens Ballpark Co. LLC bonds for Citi Field were lowered to BB-plus from BBB by S&P, which cited uncertainties about the baseball season.
June 5 -
The SEC has asked for more timely, voluntary disclosure from issuers of municipal bonds.
June 5 -
The chapter had financial difficulty before the pandemic and wanted to refinance its debt.
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