Public finance

Mayor Lori Lightfoot's administration faces an $838 million budget gap as the city prepares to host investors at its annual buyside conference Friday.

Questions from transit observers and advocates followed the announcement by the Metropolitan Transportation Authority of its $51.5 billion capital program.

Xay Khamsyvoravong, chairman of the Providence Water Supply Board, explains how this trending accounting tool could help offset Rhode Island’s local pension liabilities. Paul Burton hosts.

Gerrard Bushell is leaving the Dormitory Authority of the State of New York after four and a half years as president and CEO.

Moody's Investors Service said the uptick in prepaid gas volume reflects a wider spread between tax-exempt and taxable yields.

Middle East unrest, oil price volatility and a Fed policy meeting all combine to weigh on this week’s $10B new-issue calendar.

Public private partnerships for an airport, a commuter rail service, and student housing have gone sour in the Southwest.

The Kentucky Supreme Court’s ruling prevented a quasi-governmental agency that filed for bankruptcy from leaving the state pension system.

BondWave LLC launched its Benchmark Data and Trading Indices on Monday.

State Comptroller Thomas DiNapoli's budget gap report comes amid deliberations on the MTA's five-year capital plan that raise accusations of secrecy.

The proposed change would create a hurricane reconstruction coordinator. an audit of the island’s debt, and federal funding for the Oversight Board.

Municipal yields and issuance plans both rose, showing market participants aren't uncertain about the meeting, with a quarter point cut in interest rates baked in.

City tours, panel discussions, and remarks from the mayor and chief financial officer are planned.

Oklahoma joins the ranks of state and local governments struck by hackers, fueling concerns about the escalating risk of such attacks on municipalities.

Treasury Secretary Steve Mnuchin said Puerto Rico will have to look for an alternative to the Act 154 tax.

Chicago says its met its obligations under the state pension code; all four of its pension funds have filed shortfall claims with the state.

Municipal traders and managers said the tax-exempt market’s early strength translated into weakness before the end of trading — due to taxable and overseas influences.

The Clearwater Cay Community Development District’s bondholders and trustee say the required approval from the governor wasn’t obtained.

“The City of Harvey, through no fault of Comer’s and unrelated to Comer’s fiduciary obligations, tainted the district’s offering,” according to the defense.

IFA is restating its current bond trust indenture as it finalizes a drawdown loan of up to $436 million provided under WIFIA.