Politics

The revenue shortfall has the attention of some rating agencies.

The appointment of Don Huffines, a former state senator who won the March 3 Republican primary election for comptroller, takes effect Aug. 1.

Some Southwest states and local governments are reassessing data center developments amid public backlash and litigation against the proliferating projects.

The Ways and Means Committee passed the reporting bill last week along party lines.

Federal Reserve Board Gov. Christopher Waller says he is OK with dialing down the amount of communication issued by the central bank's monetary policy committee, but doesn't want the central bank to throw out the baby with the bathwater.

Chicago had a $219 million surplus at fiscal year's end 2025, despite declines in governmental activities' net position and in investments after moves to boost liquidity.

The rating agency confirmed the Texas city's A1 bond ratings, ending a review for potential downgrade spurred by an impending water supply crisis.

The nation's two largest crude oil producing states are reporting revenue increases in the wake of the Iran conflict, which began Feb. 28.

Rep. Brendan Boyle, D-Pa., said he is crafting a bill to "disincentive states and localities" from offering public subsidy packages to lure professional sports teams across borders.

The modern bond market is no longer defined by dealers and asset managers alone.

A smoke-covered east Los Angeles for days evoked images of last year's wildfires that decimated the city. Cleanup around the massive cold storage facility is expected to take months.

The budget includes plans for transportation bonds to be sold over the next few years.

The state took nearly two years to publish its fiscal 2024 annual comprehensive financial report — and that was an improvement.

Prepay energy borrowings may not generate promised savings.

The city council in August will consider placing $500 million of pension obligation bonds on the Nov. 3 ballot for its police and fire retirement system.

Stonepeak Partners will pay $2.5 billion to buy the remainder of the lease of Chicago's parking meters. The 2008 lease runs through 2084.

Uncertainty about the fate of the bipartisan housing bill, advance refunding, and a new take on Build America Bonds is raising hopes and concerns among issuers.

The National Football League is a member of the Public Finance Network.

The outlook revision to stable from negative follows the city's adoption of a fiscal 2027 budget with structural changes that greatly reduced a shortfall.

Washington Gov. Bob Ferguson said the economic council will build on other efforts he has championed to decrease permit housing times and encourage construction.