Public finance

Las Cruces Public Schools officials have OK'd a measure calling for a $50 million bond election in February 2018.

The engineer who led the restoration of electrical service in New York City after Superstorm Sandy has been appointed to oversee the recovery of Puerto Rico's power grid.

The holiday shopping season begins in earnest this week as municipal bond issuers offer buyers a slew of new tax-exempt deals as they rush to beat possible changes to the tax code for 2018.

The municipal bond market this week will keep an eye on the building new issue calendar as traders wait for the U.S. Senate to vote on a tax reform proposal which could come as early as Thursday.

Gov. Mary Fallin said the state should not wait until the February opening of the regular legislative session to repair its budget.

The rush to market is set to begin as the municipal bond market will see a hefty new issue slate for the upcoming week at a time of year when it is usually rather sleepy.

Thomas Hamilton, Scott Jackson and Jay Nolan will join the nascent board that will intervene in and assist with municipal distress cases.

The Terre Haute Board of Sanitary Commissioners approved the purchase of equipment for the city’s wastewater treatment plant.

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.