Public finance

With the Federal Open Market Committee meeting, activity was at a minimum in the municipal bond market on Wednesday.

North Miami's former assistant budget director is accusing other city officials of concealing a multimillion-dollar deficit in city finances by siphoning money from city reserves and utilities, and misrepresenting other revenue streams and debts in the recently passed budget.

ProMedica is seeking up to $870 million in revenue bonds for construction and facilities projects.

The final piece of the deal to bring the Pawtucket Red Sox to Worcester is in place.

Leaders in the world of finance joined with governments and health organizations on Wednesday to launch The Tobacco-Free Finance Pledge.

County Executive Steve Bellone unveiled a budget proposal that he says would eliminate its structural deficit with recurring revenue streams.

One proposal is to use the Chicago water system to fund the Windy City’s public employee pension plans.

Wisconsin sold the biggest deal of the week as investors remained wary ahead of the FOMC meeting.

Candidates in the mayoral and governor's races acknowledge daunting pension burdens without offering concrete solutions.

The biggest deal of the week came to market on Tuesday as Wiscon sold general obligation bonds.

Andy Byford, president of the MTA's New York City Transit unit, said timing relative to budget cycles is essential.

The city wants to leverage what it considers a special electoral relationship with voters through a newly-established investment program.

The competitive GO deal will feature five- or eight-year calls.

Carlos Braceras, elected as the American Association of State Highway and Transportation Officials’ new president on Monday, said one of his goals will be to persuade Congress to include more funding and policy reforms in surface transportation reauthorization legislation.

The intermediate and long end has moved cheaper, creating an opportunity to add some yield to muni portfolios, says Triangle Park's J.R. Rieger.

The coalition is sponsoring a campaign fundraiser for Rep. Richard Neal of Massachusetts, the ranking Democrat on the House Ways and Means Committee.

A report from the New Jersey governor's administration recommends continuing the state's oversight role for the troubled city.

Ahead of the FOMC monetary policy meeting and quarter end wrapup, a slim supply slate awaits muni buyers.

The town is moving ahead with plans to buy 23 acres for a new town center, starting with the construction of a new fire station.

Transportation research nonprofit TRIP said more than 7% of the state's bridges -- more than 300 -- are structurally deficient.