Public finance

The staff additions include Bech Bruun, former chairman of the Texas Water Development Board.

Sergio Marxuach and other officials of the nonpartisan, San Juan-based Center for a New Economy said federal spending on disaster recovery has been slower than in other areas also struck by hurricanes in 2017.

Municipals remained stronger as Montgomery County, Maryland, came to market with a triple-A-rated sale.

The Los Angeles airport enterprise received a Moody's ratings boost ahead of plans to price $650 million in subordinate revenue bonds.

Five states also elect governors and voters in two states decide whether to restrict future tax increases.

Montgomery County, Md., came to market on Wednesday with a triple-A-rated general obligation bond offering.

The newly-minted water infrastructure law is good news for state and local governments looking for more avenues to finance water projects.

Municipal bond pros say the industry has adapted to an insurance industry one-tenth its former size. Part 3 of The Bond Buyer's series on the decade after the financial crisis.

The board continues to say that state metrics should be a guide to restructuring the island's central government debt to a much lower level.

Volatility in the equity market spurred a flight to quality.

The tax overhaul and rising rates started to bolster demand, partly offsetting the decline in issuance.

The 50 City Council members will ultimately have to sign off on new revenue needed to achieve actuarial funding.

The debt issuance by Worcester, Massachusetts, to build a minor-league baseball stadium will probably not affect the city’s credit quality, according to Moody's.

Municipals were stronger at mid-session as new supply started to trickle into the market.

The Puerto Rico Oversight Board has voted unanimously to ok a five-year fiscal plan that faces local government opposition.

Funding a major capital program increasingly with debt is a big challenge, said finance director Robert Foran.

Moody's Investors Service lowered its outlook for the county's Aa1 rating.

Although there is no direct role for tax-exempt bonds in Opportunity Zones, municipalities are looking at them as a way to attract capital investment to economically distressed areas.

Puerto Rico bonds gained in a mixed muni market as a revised fiscal plan projected a bigger surplus.

The revised five-year fiscal plan projects increased disaster-related funding and slowing population decline through 2023.