Public finance

PORTSMOUTH, N.H. -- City Manager John Bohenko will ask the City Council for an additional $3 million in July to complete the city's downtown parking garage project, bringing the total bonding cost to $26.2 million.

Hudson Yards Infrastructure Corp. requires an additional $96 million, according to the New York City Independent Budget Office.

Los Angeles will price the first bonds from a measure voters approved to house homeless people.

With extremely low voter turnout, Tuesday's statewide referendum to approve a $50 million bond to promote jobs and innovation passed overwhelmingly in Maine's largest communities.

STRATFORD, Conn. -- Mayor John Harkins on Wednesday again vetoed a budget that was passed by the six hard-liners on the Town Council.

Top-quality municipal bonds were weaker at mid-session as the last of the week’s larger sales came to market in the primary sector.

The judge overseeing Puerto Rico’s Title III bankruptcy process named five judges to help mediate disputes over island government and sales tax bonds in the biggest municipal restructuring in U.S. history.

Municipal bond traders will be waiting to see some supply hit the screens on Thursday, a day after the primary market was sidelined by the Federal Reserve’s monetary policy meeting.

Pricing wires for negotiated bond offerings

Pricing wires for competitive bond offerings

Illinois House and Senate Republicans laid out a formal budget and reform package.

Texas Gov. Greg Abbott's signature put the state on a $217 billion budget for the next two years.

The Port of Oakland has earned an upgrade from Moody's Investors Service.

Michigan's attorney general announced more felony charges in the Flint water contamination crisis.

The American Dream development in New Jersey, which broke ground in 2004, will have to wait a bit longer for financing as a $1.1 billion sale of unrated tax-exempt bonds to complete the project was delayed.

KeyBanc Capital Markets, the corporate and investment banking arm of KeyCorp announced today the appointment of Corey Whitbeck and Robert Campbell to its high yield sales team in Albany, New York, further expanding the firm’s capital markets group.

Airports are expected to issue almost $19 billion of additional debt over the next two years.

The New Jersey proposal to use lottery revenue to boost its pension system is not viable, according to Municipal Market Analytics.

New York City Mayor de Blasio on Wednesday launched Cool Neighborhoods NYC, a $106 million program designed to curb the effects of extreme heat on vulnerable residents.

Washington State lawmakers are unable to come to an agreement on education funding as the fiscal year-end looms.