After a brisk 2021 that saw a record number of P3 deals reach financial close, last year slowed to only 16 closings, according to Husch Blackwell's sixth annual P3 trends report.

With strong reserve levels, states will be able to weather a revenue shortage this year, analysts said.

A U.S. default would trigger a cascade of downgrades, including of municipalities, Moody's Analytics says.

State Treasurer Dale Folwell said he backs the intent and purpose of the bill, which is supposed to make the bond issuance process more transparent.

Mayor Eric Adams executive budget "will be released in just 51 days, giving us limited time to marshal the substantial resources we will need to stay balanced in fiscal 2023 and 2024," said OMB Director Jacques Jiha.

The ruling could set a precedent for the board's control over local government policies affecting the economy.

More than half of the 163 bills introduced in state legislatures across the country propose one-time funding for transportation projects using bonds, excess COVID relief or budget surpluses.

The much-delayed $3.5 billion deal has an optional limited make-whole redemption if state lawmakers appropriate funds to defray costs for natural gas customers.

Gov. Phil Murphy's proposal doesn't include new major programs or initiatives but addresses long-term liabilities and reserves ahead of a potential recession.

The measure prohibits government contracts with companies deemed to be "boycotting" the fossil fuel, firearm, timber, mining, and agriculture industries.

The legislation would allow the New Mexico Finance Authority to issue revenue bonds for transportation and broadband projects.

The state's once-depleted rainy-day fund that's now on track to hit nearly $2 billion this year would receive automatic deposits when two financial metrics are hit under pending legislation.

A total of 26 Republican-led states have sued over the new retirement investing rule, saying it would diminish their tax revenue and hurt states that have a significant fossil fuel industry presence.

Paul Vallas, a former city budget director and public schools chief, and Brandon Johnson, a Cook County commissioner and teachers' union organizer were the two top vote-getters in Tuesday's election sending them to an April runoff.

As it tracks the spending of $4.6 trillion of pandemic funds, the GAO is also reviewing what some Republicans deem improper use of the funds by cities and states.

Facing calls to disqualify six more underwriters from negotiated bond sales, the state Bond Commission opted to sell GOs competitively.

The fresh guidance seeks to end a debate over how to prioritize federal transportation funds that's dogged Biden administration officials for more than a year.

Questions arise over the condition of rail infrastructure and how it should influence credit and buy side analysis of local governments that host rail lines.

Maura Healey's plan would expand child tax credit programs while lowering taxes on estates and short-term capital gains.

The state's flagship university said its proposal to acquire its healthcare facilities from Fairview, which is preparing to merge with an out-of-state healthcare system, requires state help.