Government finance

GFOA Today 2025, day 1

Local government investment pools remain free from SEC rules

Ownership issues seem to be worked out, more or less, but reopening the refinery remains in doubt.

States, on the front lines of implementing the new $1.1 trillion infrastructure program, want clear, flexible federal rules and the ability to tap private investment.

GASB has not had an academic on its board since June of last year when Professor Michael H. Granof of the University of Texas ended his second term.

Philip Howard, chairman of nonprofit Common Good, calls on the incoming Biden administration to improve public agencies, schools and hospitals by reducing cumbersome red tape. Paul Burton hosts. (18 minutes)

Community Development Block Grants and the HOME Investment Partnerships program are targeted for elimination.

The almost $350 million in bonds would pay for upgrades to the track and proposes the city of Baltimore takes over ownership of Pimlico Race Course.

Municipal bond issuers say investors, analysts and regulators should narrow down the information they are looking for in their push for more disclosure.

The Municipal Securities Rulemaking Board on Monday detailed plans to reduce its board size and alter its composition.

The Securities and Exchange Commission wll work with the market to change secondary disclosure habits without a mandate, issuers and analysts said.

The Financial Accounting Foundation abandoned its tradition of selecting a state auditor to chair the Governmental Accounting Standards Board.

The winner is Christian Beltran, a student at the University of Southern California’s Sol Price School of Public Policy.

In a working paper paper released by the Volcker Alliance on Wednesday, researchers said states need to do a better job of disclosing their infrastructure needs.

If the proposal is approved, the timing of issuers' annual financial disclosures would be prominently displayed as soon as the beginning of 2020.

At an SEC Fixed Income Market Structure Committee meeting on Monday, participants suggested giving out awards to incentivize issuers to submit timely financial information.

Both women will be honored as part of The Bond Buyer's Deal of the Year gala on Dec. 4 in New York City.

Issuers will be looking to see what Securities and Exchange Commission Chair Jay Clayton says about disclosure.

Vice President, Manager of Municipal Underwriting, Fidelity Capital Markets

As a result of the March 23 appellate court ruling, Fitch announced on April 11 it has put seven bond issuances on negative ratings watch.