Politics

The authority approaches next week’s planned $2.5 billion of issuance buoyed by clearance of its five year, $51.5 billion capital program.

The state's budget and rating momentum may hinge on economic growth, which has not presented a pretty picture.

State government issuers are expected to sell $4.68 billion of new money bonds in fiscal 2020, a 6.5% increase, according to the Texas Bond Review Board.

The city dropped its exploration of a privatization of the St. Louis Lambert International Airport under a federal program

Funding for resilience is a challenge for municipal issuers, including many in a budget squeeze.

The better than expected forecast has added fuel to the debate between Republicans and Democrats over how to use the extra money.

Ballard Spahr’s public finance group is increasing in size as it grows beyond traditional tax-exempt financings.

Opponents to the under-the-radar provision say its harshness could impede the execution of the MTA's new capital program by deterring contractors.

State Treasurer John Schroder said he will go to court to stop Louisiana’s state government from spending the money.

The agreement includes a $125 million increase in Community Development Block Grants and a $245.5 million increase in grants to state and local law enforcement.

A new survey by the National Association of State Budget Officers reports these reserves had a median balance of 7.6% of a state’s general fund in fiscal 2019, compared with 4.7% in fiscal 2007 before the onset of Great Recession in December of that year.

The non-profit partner in a $250 million campus apartment complex is suing the university after the school canceled parking and commercial leases.

Denver International Airport expects to pay up to $210 million in termination costs to exit a public private partnership for renovation of its main concourse.

Observers say the deal with the Transport Workers Union could strain the authority's operating and capital budgets.

Democrat Gretchen Whitmer will sign a supplemental bill restoring more than half of the funding she vetoed in a policy dispute with the GOP-led legislature.

The state flagship university is entering into a 50-year concession with ENGIE North America and Meridiam for a $1.165 billion upfront payment.

John Hicks has left his position as executive director of NASBO to become Kentucky's budget director.

Fitch Ratings raised Hawaii to AA-plus from AA.

New York State lawmakers may raise taxes to combat a looming $6.1 billion budget deficit.

The North Tarrant Express Mobility Partners will price $1.2 billion of refunding bonds that enjoy the boost of Fitch Ratings' one-notch upgrade to BBB.