Politics

Texas officials are eying ways to protect a massive state-funded school property tax cut from being eroded by local bond issues and tax increases.

PFM, Ramirez & Co. and other advisory firms are adding to rosters of municipal finance experts as the tax exemption hangs in the balance.

With questions and analysis still swirling around a deadly crash at Ronald Reagan Washington National Airport, concerns arise about enplanement levels, traffic patterns, and credit ratings affecting the region's major airports.

In 2017, Congress moved from budget resolution to reconciliation legislation in less than six weeks.

As Congress begins hammering out the budget resolutions that will shape the country's fiscal future, muni lobbyists double down on efforts to keep the tax-exemption in place.

The legislation comes as the municipal market industry fends off threats to tax-exempt municipal bonds.

Portfolio managers seem more sanguine about threats to the tax exemption from Congress.

Ohio Gov. Mike DeWine wants to raise the sports gaming tax to pay for stadiums and he does not want the state to issue bonds to finance stadium development.

The rising costs of federal debt, an impending budget showdown, and Congressional turmoil is highlighting the complex relationship between Treasury securities and municipal bonds.

DeSantis' proposed all government activities budget is 2.5% lower than the current year's budget.

The study comes as the city faces a growing structural budget deficit and shrinking reserves that led to negative bond rating outlooks.

The deeper the proposed cuts, the more the municipal market fears for the fate of tax-exempt bonds.

The tax exemption has been in place for more than 110 years, but Republicans say its removal is vital for prolonging many parts of the Tax Cuts and Jobs Act.

Blake G. Washington discussed Medicare, the MTA and more at a luncheon with the Citizens Budget Commission. 

Audit activity in the municipal market ebbs and flows with the IRS budget.

Governors in the drought-prone region are asking their legislatures for funding to boost future water supply or to repair aging water infrastructure.

Lawsuits are mounting against the Trump administration's aggressive actions to cut federal spending.

The Lone Star State is expected to add 225,000 jobs in 2025, down from 244,000 last year, according to the Dallas Federal Reserve's annual forecast.

Texas Sen. John Cornyn remains a supporter of private activity bonds, his staff told BDA.

Both houses of the Virginia state government have advanced budget bills that include rebates to taxpayers from surpluses fattened by federal funding and robust tax collections, a trend that concerns policy experts.