-
Richmond issued $154.1 million in pension obligation bonds in a refunding that terminates swaps, ends a county intercept, and extends the final maturity.
September 8 -
Expected voter turnout for the midterm election will likely compel other cities to join Ontario, California, in placing tax and bond measures on November's ballot.
August 5 -
Most public pension funds are fragile not distressed, according to Equable.
July 21 -
The referendum passed Tuesday by a 70% to 30% margin an an election with miniscule turnout.
June 8 -
A spike in POB issuance last year that was spurred by low interest rates, roaring stock markets, and other factors is likely to wane.
May 16 -
Mayor Jorge Elorza said the reworked bond proposal was better than the larger one put before the state Legislature last year.
May 10 -
The Metropolitan Water Reclamation District of Chicago now has $600 million of pension obligation bond authority as it aims for a 100% funded ratio by 2050.
April 26 -
Illinois' nearly exhausted $1 billion of GO bonding authority for existing pension buyout programs would get a $1 billion infusion under pending legislation.
January 24 -
Skokie held on to its double-A tier ratings as it preps a pension obligation bond issue to bring its public safety pension funding ratios to 90%.
January 19 -
The Chicago suburb is planning a nearly $100 million issue to refund, restructure debt and pay down its unfunded public safety pension obligations.
December 23