Public finance

The bill would let governments invest funds in mutual, closed-end and exchange-traded funds, and high-quality corporate bonds.

Chicago has yet to identify to how it will pay for higher future pension funding, but Kroll says the city can manage.

Benefit changes for the city’s public safety pensions will remain, said Moody's Investors Service.

Kevin Corbett, Gov. Phil Murphy’s choice to lead New Jersey Transit, faces a host of fiscal, infrastructure and governance challenges.

A provision in the New York governor's budget plan would enable the Metropolitan Transportation Authority to create tax increment financing districts in New York City.

Action in the primary muni market has been slow and low in 2018 and yields have spiked recently, with investors increasingly moving to the sidelines to wait for calmer waters. However, some view this as a buying opportunity and are urging others to jump in with them.

Faced with yet another week of low volume and high volatility, muni market participants hope for improvement in February.

Syncora will pay $350 million under the agreement, which doesn't include any Puerto Rico exposure.

The federal tax overhaul and belt-tightening at the state level cast a pall of uncertainty over the $88.67 billion preliminary fiscal 2019 budget plan.

Although market conditions are not pristine, with rising yields and little primary action, market participants expressed reason to believe the first week of February will be a positive one.

The California Water Commission says it hasn't rejected any proposals but project backers have three weeks to upgrade their applications.

School districts shouldn't be able to keep going back to voters after a bond or levy measure fails at the polls, Rep. Heather Scott told a House committee on Thursday.

Come to us first if you need to close a swimming pool, the Austin City Council told staff Thursday evening as it passed a master plan for the city's aquatic facilities.

Pensions in some California cities to grow to 21.5% of general fund in seven years.

Ronald Schwartz of Seix Investment Advisors resolves to upgrade credit, keep duration neutral to shorter, and remain selective about investments.

Identical bipartisan bills introduced in the House and Senate would provide a new source of funding for state revolving fund programs that would enable states to expand assistance to communities for water infrastructure projects.

The Vermont Municipal Bond Bank is offering retail investors bonds that can be purchased in denominations as low as $1,000.

Dewey, a former managing director at Citi’s municipal bond division, instinctively understands the needs of some of the largest investors in the muni market, according to BAM CEO Sean McCarthy.

Municipal bond yields are rising as buyers look ahead to another smaller-than-average slate of sales heading to market next week.

Gov. Andrew Cuomo's plan has drawn strong positive and negative reactions.