Public finance

Two University of Puerto Rico professors predict Gov. Rosselló’s budget, due Wednesday, will lead to widespread militant actions.

Time’s almost up for Illinois state lawmakers and the governor to come up with a budget plan that all can live with as the spring legislative session ends this week.

Municipal bond traders are returning to work on Tuesday and will be looking at a holiday-lite new issue slate while eyeing declining bond yields. Markets were closed early on Friday and were closed all day Monday for the Memorial Day holiday.

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.