Public finance

Rend Lake College will issue $5 million in bonds to help defray operational costs in light of the state budget crisis.

Pricing wires for competitive bond offerings

Municipal bonds finished mixed on Wednesday as the state of California competitively sold about $604 million of general obligation bonds.

The federal government ran a $176.2 billion deficit in March, the Treasury Department reported Wednesday.

Atlantic City Mayor Donald Guardian has proposed a new budget with $35 million in cuts in an effort to bring the cash-strapped Jersey Shore locality back to fiscal health.

Area school systems would benefit from a statewide $1.9 billion construction bond referendum issue proposed through a recent bill submitted by an area legislator.

State funding for education continues to be a concern at Stillwater Public Schools, but administrators and the board of education also have their eyes focused on future construction and renovation projects.

Volusia County school district officials sat in front of the School Board Tuesday evening with a question now nearly age-old: How will the district tackle a backlog of infrastructure projects, some that needed attention as long as a decade ago?

Greater Latrobe School District could benefit from a slightly lower interest rate for the second in a proposed trio of bond issues planned to finance construction of the new Latrobe Elementary School.

Augusta officials set in motion Tuesday plans to borrow $12 million to build a parking garage for the Georgia Cyber Innovation and Training Center.

Bluefield city board members approved bonds Tuesday to help maintain and improve the city's sewer system and discussed new ways to connect with the public, but first the city took time to honor two people who have served the community.

Lee County voters soon will take to the polls for the first time this year to vote on the fate of the county health department building.

It's back to the drawing board for Groton Area School District.

Municipal bonds were stronger at midday as the state of California competitively sold $636 million of general obligation bonds on Wednesday.

Citing good management with "strong" financial policies and practices, a major agency recently reaffirmed the city's AAA bond rating, which lets Newburyport buy bonds at lower interest rates.

Citizens Property Insurance Corp. in Florida posted a $27 million loss in 2016 stemming from what it calls abusive “assignment of benefit” claims and litigation, which are being reviewed by the Legislature.

After a busy day Tuesday when billions of dollars of new issuance flooded the market, municipal bond traders are set for the last big issuance of the week.

Pricing wires for negotiated bond offerings

The U.S. Olympic Museum could break ground in the next several weeks after a Colorado Springs redevelopment agency agreed Friday to issue bonds that will provide a crucial piece of funding for the $75 million project.

A Puerto Rico judge has revived an “audit” of Puerto Rico’s debt.