Public finance

New Mexico lawmakers prepare to meet this month buoyed by an improved revenue forecast.

As stocks surged and Treasuries swooned, municipal bond traders gauged the direction of yields as they looked ahead to what may be a downturn in issuance this year.

The signal that Trump is re-thinking Federal assistance to the DOT Gateway Tunnel project in New York and New Jersey may have grave implications for local leaders planning federally-assisted infrastructure efforts.

The state also warned that $1 billion in cuts could be needed in 2019-2020 due to rising pension and Medicaid costs.

The Vermont Housing Finance Agency is prepping the state’s first sustainability bond sale.

As stocks surge and Treasuries swoon, municipal bond traders bide their time gauging the direction of yields.

Municipal bond traders were returning to their desks on Tuesday with their eyes fixed on falling yields as they await a rather quiet primary market.

If Chattanooga Lookouts team owners decide to seek public tax support for a new baseball stadium in the city's South Broad Street district, they could find their path narrowed considerably under proposed legislation introduced in the Tennessee General Assembly by two local lawmakers.

As Pullman toasts to a new year, city officials still have one major item to cross off their to-do list: securing passage of a pair of major bonds totaling more than $12 million.

The workers would join 3,500 already on the island, where 45% of the power authority's customers are still without service after September's hurricanes.

California's population is nearly 40 million, according to the state's Department of Finance.

The state is still unprepared for a recession, according to the Citizens Research Council.

The municipal bond market will see a shortage of new supply kicking off the new year, after experiencing a record-breaking month in which almost $63 billion of bonds sold.

Issuers rushing to close PABs and refunding deals propelled issuance past the single-month record set before 1986 tax reform.

A second lawsuit was filed seeking to stop Gov. Chris Christie’s borrowing plans for new state office buildings.

Donald Guardian, who navigated challenging financial waters in New Jersey’s gambling hub for the past four years, has found a new role with another Garden State municipality 50 miles north.

The municipal bond market will see a shortage of new supply going into the new year, after experiencing a record-breaking month in which more than $61 billion of bonds sold.

While the new tax law may portend a difficult year for the municipal market, higher short-term rates and low supply should propel demand in 2018.

The state faces a $60 million hole in the current fiscal year and more than $200 million for fiscal 2019.

In the week ended Dec. 28, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell to 3.91% from 3.93% the previous week. The BB40 Index is based on the price of 40 long-term bonds.