Practice management

The president suggested federal aid could be sent directly to states instead of through FEMA.

As state and local governments are charged with funding 3/4ths of the country's infrastructure, the catastrophic wildfires in Los Angeles highlight even more the municipal bond market's vital role in keeping the U.S. competitive globally and maintaining the heart of fiscal federalism at home.

Lifting the SALT cap is one of several thorny issues Republicans hope to iron out as part of a larger reconciliation bill by March.

Congress has created recovery bonds for specific disasters in the past, and the CDFA wants the tool to become a permanent private activity bond category.

States may need to look to Florida's catastrophe fund example as extreme weather increases, FEMA denies more requests and insurance becomes unprofitable in much of the Midwest.

The request is part of the White House's larger funding request from Congress to cover disaster needs from tornados to wildfires.

A petition aimed at the Federal Emergency Management Agency highlights the deficiencies and opportunities FEMA has in adapting to a world of frequent extreme weather events

The Water and Power Authority got good financial news from the U.S. Federal Emergency Management Agency but bad financial news from a federal court in Puerto Rico.

Hawaii Gov. Josh Green's last-minute attempt to resuscitate a bill that would have allowed Hawaii Electric Co. to issue debt, backed by a rate increase, failed.

The state's February general revenue collections came in $30.62 million below official estimates. but total collections for fiscal 2024 are $428.1 million ahead of forecasts.

Hawaii's budget director told a state Senate committee the costs to house people are coming in double what was estimated.

The Senate Committee on Transportation, Housing and Urban Development convened Tuesday to discuss the imminent need for permanent reauthorization of the Community Development Block Grant - Disaster Relief.

As the program inches through the federal appropriation process, Texas lawmakers have allocated state funds and created a five-county district with taxing power.

While Idalia caused major damage to some municipalities, it had less of an impact than feared since it hit less densely populated areas than Hurricane Ian did last year.

The Florida Insurance Guaranty Association is getting ready to head back to the market next week with a variable-rate bond deal after successfully selling fixed-rate bonds last week to help fund claims from insolvent insurance companies.

The Economic Development Administration, which hasn't been reauthorized in close to twenty years, should focus on grants, workforce development, and disaster relief, local leaders said.

Senior Bank of America investment banker Jill Schwartz discusses her own board roles, how women can serve on nonprofit boards, and how they can drive change, in conversation with Chana Schoenberger, American Banker's Editor-in-Chief.

"This is a historic accomplishment — setting new records for the largest single-month revenue and personal income tax collections in state history," said Gov. Jim Justice.

A series of atmospheric rivers and cyclone bomb storms in California have resulted in billions in damage. Lawmakers look to bond measures to help prevent future problems.