Public finance

The City Council approved a budget that includes $559 million for infrastructure.

A brief period of peace between the Oversight Board and the governor may soon end.

The federal government ran a $146.8 billion deficit in May, the Treasury Department reported Tuesday.

The New Jersey Transportation Infrastructure Bank was approved by state lawmakers in April.

Municipal bonds weakened Tuesday ahead of the Federal Reserve’s monetary policy meeting as new supply headed into the marketplace.

Just a few Lewiston residents testified Monday night against the city getting judicial approval to issue bonds for upgrades to its wastewater treatment plant, but they were vocal.

The handshake deal boosts reserves, funds a "fair fares" discount for low-income subway riders for one year and provides Fair Student Funding for city schools.

The Illinois Municipal Retirement Fund's new power to intercept Harvey's pool of state revenues complicates settlement efforts with the city's public safety funds.

The proposed rules would clarify that an institutional investor could take part in a public-private partnership for a bond-financed project without making the bonds taxable.

Muni bond buyers were wary ahead of this week’s smaller-than-average new issue calendar as Federal Reserve policy makers gathered.

Branches in every borough struggle to stay open due to broken boilers, leaky roofs and other serious maintenance problems, said the Center for an Urban Future.

Municipal bonds were mixed ahead of this week’s smaller-than-average new issue calendar and the FOMC meeting.

Faced with a long list of expensive and necessary upgrades to the city's wastewater treatment plant, Lewiston, Idaho, officials could soon ask a district judge to approve $28 million in bonding authority.

Fiscal restraints under a new bond covenant contributed to strong demand for a state GO sale, said state Treasurer Denise Nappier.

The Conroe Independent School District is considering a bond election only four years after voters approved a $487 million bond referendum in 2015.

Long Beach and Burbank voters approved measures that allow municipal utilities to transfer revenue to their general funds.

The proposed settlement may determine how much money is available for the biggest class of bondholders in Puerto Rico's municipal bankruptcy.

Munis will see more than $5 billion of new supply, with the Federal Open Market Committee set to meet next week and raise interest rates again.

The state has $500 million of extra revenue to divvy up.

S&P Global Ratings revised the state's outlook to stable from negative, and Moody’s says the budget's Medicaid expansion is credit positive for hospitals.