Public finance

A plan to build a $520-million criminal justice complex is moving forward after the Detroit City Council approved a deal allowing a land swap.

The Badger state is joining the list of issuers moving up refunding deals that are under threat from tax reform.

The rush to market ahead of tax reform is set to begin, as a $11.743 billion new issue slate looms for the upcoming week.

Cook County will cut jobs and lay off some workers to plug the budget hole.

Contract saves the city about $9 million by locking in a more favorable rate with Great Lakes Water Authority.

The municipal bond market is getting set for the Thanksgiving holiday as it looks ahead to next week’s $11.73 billion new issue calendar.

A budget without big new tax hikes was an easy sell for Chicago aldermen despite looming pension clouds.

Underwriters priced the New York Metropolitan Transportation Authority’s $2 billion advance refunding deal for institutions on Tuesday, the last big offering of the week.

New York's mayor says realized money will more than offset increased spending for fiscal 2018 and 2019.

The land swap is one of the obstacles that must be cleared to build Wayne County a new jail at a new site.

Illinois follows up its $6 billion of October borrowing with $750 million of new money GOs.

Underwriters priced the New York Metropolitan Transportation Authority’s $2.2 billion advance refunding deal for institutions on Tuesday. In secondary trading, municipals turned weaker.

The board approved a resolution and proclamation of a school bond election in 2018, which will ask voters to approve general obligation bonds up to $10 million.

Pasco School District officials will have to wait on the edge of their seats a little longer to learn the fate of a $99.5 million bond.

The Moscow City Council directed city staff to begin preparing a major public facilities bond proposal for the May ballot.

It's the second try for Connecticut's capital city, which last year fired a contractor over cost overruns and delays.

Underwriters priced the New York Metropolitan Transportation Authority’s $2.2 billion advance refunding deal for institutions on Tuesday. The green bonds were offered to retail buyers on Monday, who ordered about $770 million of the bonds, according to a market source.

The MTA offered $2.2 billion of green bonds to retail buyers, looking to save on borrowing costs with a type of sale that may be banned under pending tax legislation.

Puerto Rico’s government announced it would pay its annual Christmas bonus to workers this year.

The council said the delay to Nov. 27 would buy more time for newly elected council members to weigh in on an amended version of a 30-year deal with Great Lakes Water Authority.