Public finance

A local philanthropist's offer to pay much of the cost to build a larger downtown Menlo Park Library has the city scrambling to meet a potential funding deadline.

Primary municipal bond market volume is expected to increase to $6.7 billion.

Residents of the Carlton School District sent a strong message Tuesday when 71 percent voted against a $23.6 million proposal to create a combined pre-K-12 school for Carlton students at the district's South Terrace site.

An Orange County agency agreed to issue $8 million in tax-exempt bonds for a Hasidic congregation in June, money that the group said it would use to buy the two boys schools and surrounding property that it had been renting on County Route 105 in Monroe and Woodbury.

The restructuring deal for the Government Development Bank applies to $4.8 billion of debt.

Dalton, Ga., voters will decide this year if they want a new school with a price somewhere north of $50 million.

New Jersey’s pension funds will benefit significantly from a new law that mandates irrevocable contributions from the state’s lottery for the next 30 years, according to Kroll Bond Rating Agency.

The Hudson River rail tunnel project is the first phase of the $24 billion Gateway Program.

Top-shelf municipal bonds were unchanged at mid-session, according to traders who are looking ahead to next week’s new issue slate, which is estimated at $6.7 billion.

A mix of debt restructuring and labor concessions could keep Connecticut's capital out of bankruptcy court.

The $1.50-per-pack fee was key to balancing the state's budget

Municipal bond traders are looking ahead to the weekend — and waiting for next week’s lighter new issue slate.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices fell one basis point to 4.01% from the previous week's 4.02%.

The Texas cities are preparing to ask for about $2.5 billion of bonds in November.

Top-rated municipal bonds ended stronger on Thursday, traders said, as the last of the week’s larger sales hit the screens.

About $7.7 billion of debt is at stake as South Carolina's governor talks with investor-owned utilities about selling the public power agency.

New money and refunding GO deals are in the cards.

The borrowing will pay for settlements with six casino properties.

The Puerto Rico Title III judge signaled she may reject a motion that would open the door to bondholders taking over the Puerto Rico Electric Power Authority.

Toll lane partner Transurban will contribute $15 million per year to local transportation projects.