Public finance

The $145 million initiative is intended to fortify the Rockaway Peninsula.

The statewide total exceeds the previous record of $9.1 billion in November 2015.

Municipal bonds were little changed in midday activity as the market gets ready to see nearly $7 billion of new paper.

The Federal Open Market Committee meets in Washington this week amid uncertainty over who will lead the Central Bank. What do higher interest rates and a possible new Fed head this mean for the municipal bond market going forward?

Municipals were little changed in early activity as the market gets ready to see almost $7 billion of new paper come its way this week, led by issuers from Virginia and Maryland.

Puerto Rico plans to cancel a $300 million contract to rebuild the hurricane-ravaged electrical grid that went to a tiny company based in Interior Secretary Ryan Zinke’s Montana hometown, the head of the island’s power utility said.

Chicago Public Schools got a boost to BB-minus as the district readies a new money and refunding deal.

The Federal Emergency Management Agency said it has "significant concerns with how PREPA procured this contract and has not confirmed whether the contract prices are reasonable.”

Municipal bonds ended unchanged on Friday as the market geared up for a more manageable new issue calendar, led by Montgomery Co., Md., and the Virginia Small Business Financing Authority.

The Teachers' Retirement System saw double-digit investment returns but its unfunded tab grew.

Growth in airports, ports and toll road sectors was strong in the first half of this year.

Gainesville Regional Utilities received $3 billion in orders for $416 million of tax-exempt bonds.

County lawmakers' proposal to remove $60 million in fee increases might run afoul of a New York State fiscal monitoring board.

Municipal bonds were unchanged at mid-session, according to traders, who are looking ahead to the next week's $6.7 billion new issue slate, which will be headlined by big offerings from Virginia and Maryland Issuers.

A constitutional convention could set the stage for debates about state borrowing limits and local revenue-raising powers.

Joe Torsella cited the legislature's approval of a revenue package to balance the fiscal 2018 budget.

State-related and other schools are taking a good, hard look at their business models.

Municipals bonds are little changed in early activity as the market eyes next week’s new issue calendar, which is topped by big offerings from Virginia and Maryland Issuers.

Municipal bonds finished weaker on Thursday as issuers from Maryland and California sold over $1 billion of bonds by competitive bid.

Legislative leaders say the move will plug a $2.2 billion budget shortage and end a nearly five-month budget impasse.