Public finance

Illinois' burdensome pension tab and questions over whether revenue can keep pace with spending in the long term pose strains, but the governor's plan to use surpluses to pay bolster the rainy day fund and pension contributions and pay down bills moves the state in the right direction.

The UST selloff and rate fears spooked investors in January, but experts predict more opportunity and a stronger tone for munis in the remainder of the first quarter.

After a signature drive failed to put a water funding measure on the statewide ballot, a state Assembly member is trying to get his fellow lawmakers to do so.

Buyers appeared to return to the market the past two sessions after the January correction moved yields and ratios higher. Secondary trading was up again on Wednesday and new deals were well-received.

Tax revenue declines and urban sprawl are among the possible unintended consequences of the rise in automated vehicles.

Washington plans to sell the GOs by competitive bid on Feb. 8 to fund various projects.

The two active municipal bond insurers wrapped $38.7 billion in 2021, an 8.7% increase from the $35.6 billion of deals done in 2020 and the highest level since 2009.

S&P said the action reflects the Orlando International Airport's financial resilience during the pandemic and its strong passenger recovery trends.

The $600 million broadband private activity bond program included in the Infrastructure Investment and Jobs Act has often been overlooked in discussions of funding for rural broadband.

Triple-A benchmark curves were bumped two to five basis points outside of five years as markets calmed to start February.

If all goes to plan, officials say the deal would prevent the islands' pension system from running out of money.

Unprecedented federal funding and community engagement on multiple levels are the keys to achieving digital equity and inclusion.

Market volatility has led to munis seeing the worst performance to start the year since 2018 and the biggest monthly losses since March 2020.

January issuance declined by 14.7% year-over-year amid a rising-rate and volatile environment.

Public-private partnerships can play a big role in U.S. transportation over the next decade, DOT Secretary Pete Buttigieg told governors.

The teachers' groups will request a stay of plan implementation.

Short-end muni yields have risen more than 30 basis points on some triple-A scales over the past five trading sessions.

"We're going to fix them all," President Biden said of the 45,000 bridges across the U.S. he said need repairs.

Local legislators may be opposed to the current PREPA bond deal.

More federal Medicaid funding and higher-than-expected economic growth will lead to more revenues, the board expects.