Public finance

A state panel designated the Muncie district as a distressed political subdivision.

The authority, which runs New York City's subways and buses, faces uncertainty about external funding and its bonding options.

Municipal bond yields fell by as much as seven basis points as the Federal Reserve raised interest rates as expected and market participants eyed tax reform talks in Washington.

Embezzlement charges at the Alabama agency will not impact bond payments, general manager says.

Buffalo, N.Y., is facing dangerous financial waters ahead with a rapidly declining fund balance, according to the city’s fiscal watchdog.

Voters in the Hatton School District resoundingly approved a bond referendum to build a $6.3 million addition to the school in a special election Tuesday.

A pension task force convened by the governor proposed issuing long-term or perpetual notes to state-controlled entities that need risk capital.

Decisions by Georgia and South Carolina regulators and lawmakers will affect the public owners of two nuclear projects.

The municipal market saw some new supply hit the screens on Wednesday despite the Federal Open Market Committee meeting in Washington.

President Trump’s call for $1 trillion in federal public infrastructure investment appears to have foundered, even as the national debt has accelerated, posing increased threats to the cost of state and local financing of public infrastructure.

The Clarkston School District won't ask voters to reconsider its recently failed construction bond in February.

Pullman City Council voted unanimously Tuesday to rerun two bonds from the Nov. 7 ballot in a special election in February.

The municipal market will see some supply head its way on Wednesday despite the Federal Open Market Committee meeting underway in Washington.

Municipal bond yields continued to rise as issuers in California, Ohio, Virginia, Florida and the District of Columbia poured deals into the market.

The Puerto Rico Electric Power Authority named 11 experts in grid reliability and restoration to a senior-level advisory council, part of a long-term effort to improve service, lower costs, and reduce prices.

The rush to beat tax legislation at the Illinois Finance Authority makes for its busiest December ever.

Atlantic City's declining gambling market that contributed to a near default on city finances last year is poised for a slight comeback with the shuttered Revel Casino Hotel slated to reopen next year under new ownership.

Variables range from the effect of the federal tax bill on advance bond refundings to external support for a subway improvement plan.

Municipal bond yields continue to surge along with the supply that hit the market on Tuesday.

Bill Glasgall of the Volcker Alliance in New York breaks down his organization’s report card on how the states manage budgeting, legacy costs and transparency. Hosted by Paul Burton and Chip Barnett.