Public finance

Pennsylvania's proposed gambling expansion would have limited upside, said Moody's Investors Service.

Pricing wires for competitive bond offerings

Pricing wires for negotiated bond offerings

The Los Angeles City Council made few changes to Mayor Eric Garcetti's proposed budget.

Oklahoma still lacks structural balance in $6.8 billion budget, Gov. Mary Fallin says.

Municipal supply is set to drop to less than $5 billion after the long weekend as the market struggles with a lack of supply.

Senators say new Move America Act bonds and credits to provide options for financing P3s.

Pennsylvania’s pension system for public school employees spent too much on investment fees, according to the state auditor.

Municipal bonds were stronger on Friday as the market looks ahead to next week’s holiday-lite new issue slate. Secondary trading will end early ahead of the long holiday weekend.

Increasing military funding at the expense of domestic programs is likely to have a profound impact on our sovereign nation.

Pricing wires for competitive bond offerings

Pricing wires for negotiated bond offerings

In the week ended May 25, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell five basis points to 4.11% from 4.16% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Illinois is trying to block efforts to put Medicaid providers on par with debt service payments.

The Aurora City Council has passed a $16.5 million bond issue to fund capital projects during the next four years.

The majority of Adams County voters rejected a $35 million school bond issue on Tuesday's ballot as the measure failed.

The Tuscaloosa County School System took a step toward building additional schools by moving forward with a bond sale to finance the projects.

Contra Costa County supervisors on Tuesday approved issuing up to $110 million in construction bonds to pay for a new main county administration building downtown and a new county Emergency Operations Center across town.

Municipal bonds finished narrowly mixed on Thursday as traders began winding up business for the week. There were no major bond sales pricing in the primary on Thursday or Friday and muni yields are expected to remain in a tight range ahead of the long holiday weekend.

Moody's Investors Service is skeptical of New Jersey’s plans to close a large structural budget gap.