Public finance

The Illinois Senate will attempt to override a veto of the Debt Transparency Act next month.

The city has amassed more than $95 billion in other post-employment obligations without any credible plan to pay it off, the report says.

Chicago Public Schools says its books are balanced while also saying it needs more than $1 billion of short-term borrowing.

Municipal bonds were unchanged at mid-session as issuers from Maryland and California were selling over $1.1 billion of bonds by competitive bid.

As the county pursues a polarizing plan to partially demolish and restore the shuttered Coconut Grove Playhouse, the mayor of Miami is waiting to see if voters will hand him a $10 million monkey wrench.

Gov. Ricardo Rosselló called the board’s appointment of Noel Zamot illegal and said the Puerto Rico government would challenge it.

The House and Senate actions place the ball in the court of Gov. Dannel Malloy, who was sidelined during the negotiations.

The municipal bond market on Thursday is eyeing yields as the last of the week’s larger deals are slated to sell, with two big competitive offerings on tap.

Judge Laura Taylor Swain promised to release Wednesday a consensus-based order on the legal status of Puerto Rico’s post-hurricane federal aid.

Oklahoma Gov. Mary Fallin's plan to cover a $215 million revenue gap in the current budget failed in the state House .

Illinois will use the proceeds to pay down some of its $16 billion unpaid bill backlog.

Municipal bonds finished weaker on Wednesday as Illinois came to market with $4.5 billion of general obligation bonds, the biggest tax-exempt deal of the year.

Tax bill-writers may include keeping the deduction for property taxes.

New Jersey's long track record of aiding distressed municipalities continues, according to S&P Global Ratings credit analyst Timothy Little.

Municipal bonds were weaker at mid-session as Illinois came to market with $4.5 billion of general obligation bonds, the biggest tax-exempt deal of 2017.

Municipal bonds were weaker as Illinois came to market with $4.5 billion of general obligation bonds, the biggest deal of the year so far.

The state Senate could bring the spending plan up for a vote that could help end a nearly five-month impasse.

Municipal bond traders will be watching what kind of reception Illinois's $4.5 billion general obligation deal, the biggest of the year so far, gets on Wednesday.

Creditors are at odds with the island government over the conditions on federal hurricane disaster aid.