Public finance

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.

The state still needs revenues and cuts to balance its spending plan.

New Jersey’s dead-last ranking in an analysis of state fiscal conditions underscores the Garden State’s challenges.

Top shelf municipal bonds were stronger at mid-session, according to traders, who are looking ahead to next week’s smaller-than-average new issue calendar, which Ipreo estimates at $4.24 billion.

Municipal bond traders on Friday are already looking ahead to next week’s smaller-than-average new issue calendar, which will be topped by New York City’s big general obligation bond sale.

She was previously a Massachusetts Department of Environmental Protection commissioner.

Benjamin Barnes cited austerity measures and some revenue improvements.

Pricing wires for competitive bond offerings

Pricing wires for negotiated bond offerings

In the week ended July 20, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell six basis points to 4.05% from 4.11% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Moody's says the legislation will be credit positive for school districts and the state.

The $500 million of revenue anticipation notes may be needed to pay the state’s bills.

Top-rated municipal bonds ended stronger on Thursday, traders said, as investors snapped up debt from the Tar Heel state.

The affirmation at Baa3 removed the threat Moody's would send Illinois to junk.

Chicago school officials pledged to open on time after Labor Day.

Indiana's reserves were lower despite its eighth consecutive surplus.

King will be a vice president for Springsted operating from Atlanta.

Maryland’s $5.6 billion Purple Line P3 rail project can proceed with restored federal clearance.

The rating agency cited state budget volatility that affects local government aid.