Investments

The U.S. Virgin Islands is grappling with a government revenue shortfall in the aftermath of two category 5 hurricanes.

The $575 million deal proved an easy sell to a market hungry for any municipal paper.

Mega-deals from Chicago, San Jose, Trinity Health and Miami-Dade all hit the screens as yields on municipal bonds plunged further.

The nation’s debt limit will likely reach its new ceiling at midnight on Friday.

Newly issued Treasury securities held in stripped form decreased about $2.785 billion in November to a total of $260.584 billion.

Some of the proceeds will refund tax-exempt bonds issued for the university through St. Joseph County.

With the fate of private activity bonds in flux, D.C.'s Housing Finance Agency is forging ahead with plans for its largest offering by the end of the year.

Regional Plan Association's far-reaching ideas for New York-area transit overhaul struck some nerves, and president Tom Wright welcomes the debate.

A Florida lawmaker has also proposed a law requiring community development districts to get certified appraisals on property they buy.

Mega-deals from San Jose, Miami-Dade and Chicago hit the screens on Wednesday while yields on municipal bonds continued to move lower.

Moving toward a $23 million bond issue in April, the School of the Osage Board of Education voted recently to refinance more than $9 million in existing debt at a significant savings to the school district.

Voters in the Ridgefield School District passed a $78 million bond in February, and district officials are already gearing up for its next anticipated bond vote, most likely coming in February 2019.

As Evergreen Public Schools ramps up to ask voters for hundreds of millions of dollars for school construction dollars, a district-commissioned survey shows its voters overwhelmingly support the effort.

In two public meetings Thursday, Aiken County school officials accounted for their stewardship of the 1 cent sales tax that has funded several projects and made a pitch for a new $90 million bond issue to keep up with anticipated growth.

The agency keeps its AA-minus rating while calling the commonwealth less resilient.

There’s no rest for the weary as more deals are set to hit the municipal bond market on Wednesday, topped off by offerings from San Jose and Chicago.

Despite the aftermath of Hurricane Harvey, Texas's November sales tax revenue soared 11% to a record $2.78 billion.

Puerto Rico expects its central government revenues to come in 25% short of budget in this fiscal year.

Many states use PABs to offer low-rate mortgages and down payment assistance for first-time buyers.

Minnesota will wait for its next formal fiscal forecast early next year before tackling the emerging deficit.