Public finance

Kansas schools need a $600 million infusion of additional revenue to resolve a state Supreme Court case, said Gov. Sam Brownback.

City leaders have finally decided how to fund a much-needed new police headquarters.

While the latest principles for President Trump's infrastructure plan may not be released until February, several Democrats have introduced bills for competitive grant programs for infrastructure projects.

New York City would be the first major U.S. public pension to divest from fossil fuel businesses.

Morgan Stanley priced a big taxable deal and won a large note sale as yields on long-dated top-rated municipal bonds rose as much as nine basis points.

Wake County voters will likely have to wait until November, instead of May, to decide the fate of a bond for new school construction.

The Alexandria Community Schools Board of Trustees on Monday voted to move forward with a May 8 bond referendum by unanimously approving three resolutions.

The municipal bond primary market will be seeing several big offerings hit the screens on Wednesday — dominated by a taxable deal in the negotiated bond sector and a competitive note sale.

The full Senate could vote next week on a financing package to replace 75-year-old McCoy Stadium in Pawtucket.

S&P Global Ratings lowered its outlook on Cook County's AA-minus rating ahead of a $100 million refunding.

New Jersey’s Lottery Enterprise Contribution Act translated into better primary market bond pricing, the state treasurer says.

The latest court decision about pension modification efforts helps clear the way for the state's top court to settle the matter.

The municipal bond primary market returned to life as issuers in Massachusetts, Virginia and Minnesota offered new tax-exempts to bond-hungry investors.

Gov. Henry McMaster called the state-owned utility a "failing asset" while calling for tax cuts in his first budget proposal.

The unfunded liabilities of the funds nearly doubled over the last decade.

UBS Wealth Management Americas raised its firepower in areas that escaped the chopping block under the new tax law, hiring a trio of executives with experience in stadium and public power finance.

Bank of America Merrill Lynch and TD Securities won the bidding for Massachusetts’ $600 million of general obligation bonds while Citigroup won the gilt-edge Fairfax County, Va., bonds.

The Vermont Municipal Bond Bank and Vermont Educational and Health Buildings Financing Agency named public finance veteran Michael Gaughan to lead both entities.

The municipal bond market springs to life on Tuesday as several large competitive sales hit the screens, led by issuers in Massachusetts, Virginia and Minnesota.

The Puerto Rico Oversight Board named four key energy projects as potentially eligible for a special permitting process.