Public finance

Puerto Rico expects its central government revenues to come in 25% short of budget in this fiscal year.

Minnesota will wait for its next formal fiscal forecast early next year before tackling the emerging deficit.

New York City sold $950 million of general obligation bonds on Tuesday after retail buyers flocked to the deal a changes to the tax laws loomed in Washington.

Lawmakers Monday authorized issuing the voter-approved debt, including the first sale of $800 million soon.

New Jersey is cutting salaries for Atlantic City firefighters after a court limited staff reductions under the state’s Municipal Stabilization and Recovery Act.

Racine County's rising debt burden to support the Foxconn complex cited by Moody's.

New York City’s general obligation bond offering was raised by $100 million to $950 million after a record number of retail buyers expressed interest in the deal.

Retail buyers grabbed New York City’s big general obligation bond offering while several large negotiated and competitive deals hit the market on Tuesday.

The municipal bond market will face a second busy day as more supply is set to hit the screens on Tuesday.

Chicago's new borrowing entity brings $575 million of sales tax securitization bonds to market this week.

New York City offered $850 million of general obligation bonds to retail buyers while the Metropolitan St. Louis Sewer District, Mo., presented a $317 million refunding deal to retail investors and the Pennsylvania Turnpike’s $260 million of bonds priced.

The fiscal control board is ordering nearly $18 million in cuts to all departments citing revenue uncertainty in the $2.99 billion budget.

A portion of the Oklahoma Turnpike Authority's $410 million deal may well be its last advance refunding.

Municipal market participants are preparing and bracing for a market without advance refundings and perhaps private activity bonds as major tax changes draw closer. Municipal issuers are coming together and giving the market one last gasp of these types of bonds before they are no longer allowed to do so and in the process, have created what could potentially be a historic $17.4 billion of issuance.

New York City offered $850 million of general obligation bonds and the Metropolitan St. Louis Sewer District, Mo., offered a $317 million refunding deal to retail investors on Monday as the Pennsylvania Turnpike came to market with its bonds.

The eight hopefuls still want to hold the state-run MTA more accountable.

As municipal market participants are awaiting the next step in the tax bill process, they are also preparing for one of the busiest and biggest weeks the market has ever seen.

As lawmakers worked over the details of tax tax legislation, municipal market participants prepared to embark on what may be a record-setting week for issuance.

The state increased the size of the deals by 70%, with its bond finance director citing plans by "the clowns in D.C." to outlaw advance refundings.

Economic development leaders on Wednesday cleared a major final hurdle for the development of Glacier Rail Park when the Flathead County commissioners unanimously approved a resolution for port authority revenue bonds needed to finance the relocation of CHS to the rail park.