Public finance

The cost is tied to water costs under current contract and covering its KWA bond obligation.

The fate of Illinois’ fiscal 2018 appropriation for school districts remains up in the air with a showdown looming between Gov. Bruce Rauner and the General Assembly’s Democratic majority.

A judge approved Navicent Health’s bid for the purchase of Oconee Regional Medical Center.

Noel Zamot will oversee expediting permitting for crucial projects to help strengthen the territory's economy.

A crowded congressional calendar is likely to push action on Trump’s infrastructure plan into 2018.

A rise in New York’s allowable property tax levy increase to 1.84% from 0.68% is a credit positive for the state’s municipalities, according to Moody’s Investors Service.

New York Metropolitan Transportation Authority’s intended $500 million offering of transportation revenue bonds will be on the day-to-day calendar amid the authority’s wave of derailments, signaling malfunctions and track fires.

Top-shelf municipal bonds were steady around lunchtime, as muni traders are seeing a busier than usual Monday with a few deals pricing for retail and for institutional investors.

Although total weekly volume is expected to be low, municipal bond traders will start the week running, with a few deals expected to price on Monday.

Pricing wires for negotiated bond offerings

U.S. Virgin Islands governor Kenneth Mapp is cutting spending with an eye on moving toward a structurally balanced budget.

Moody's cited a vote to raise employer contribution rates.

The authors discussed transparency benefits and public pensions at the Washington event.

The average 7.6% expected investment return for public pension plans is rosier than projections of many investment firms.

The drop in issuance comes despite a decline in yields over the past week that made the market issuer-friendly.

The United States of America is the defendant in a suit filed by investors seeking payment of $3.1 billion in principal and interest in Puerto Rico Employment Retirement System bonds.

Gov. Mark Dayton's legislative veto was overturned by a lower court.

Assured Guaranty and Orrick, Herrington & Sutcliffe LLP expanded their business even as muni volume shrank amid political uncertainty.

Per-mile road charge for autonomous vehicles seen as easier to implement than a higher gasoline tax.

Moody's Investors Service cited underperforming revenues and low pension funding levels.