Public finance

State officials hope boosts to two rating outlooks, an on-time budget, pension revisions and higher reserves will benefit its $244 million refunding.

Munis are expected to attract inflows for another week. After that the ball's in the Federal Open Market Committee's court.

Several years ago, Rupert officials knew the city was years behind in road construction projects and, with an annual $200,000 road construction budget, there was little hope of ever catching up.

Gov. Charlie Baker is backing an acceleration plan that is supposed to enable Greater Boston’s mass transit system to catch up after years of neglect.

New restrooms and a more visible entrance are under construction at Dorris Ranch, a popular Springfield park.

Investors are also facing the imbalance of summer reinvestment season and the typical mid-year volume deceleration in July and August.

CommonSpirit Health will sell $2.7 billion of taxable bonds and $3.1 billion of tax-exempt debt, with BBB-plus ratings, into a supply-starved market.

The change would give airports more flexibility and local control to finance major construction projects with bonds.

The authority reports $193 million of present value savings on a $651 million refunding.

Peter Delahunt, manager of municipal trading at Raymond James, says the market is directed by retail demand, the Fed, tweets, tariff discussions and compliance. Transparency has improved and volume will remain relatively flat except for an acceleration in current refunding activity. John Hallacy hosts.

Municipal bond buyers saw some big note and bond deals hit the market on Wednesday, led by issuers in Georgia and Colorado.

Stull, a public finance advisor and banker, died Sunday. He was 55.

An oversight board approved Philadelphia’s financial plan with some caveats about revenue projections in the event of a recession.

This latest IRS action is one of a series of bond audits involving various government agencies in Puerto Rico.

The two active municipal bond insurers are currently outpacing their output year-over-year in terms of industry penetration rate, par amount insured and number of transactions. Assured Guaranty and Build America Mutual have combined for $9.69 billion of insured volume spanning 798 transactions and 5.8% penetration rate so far in 2019, up from $9.06 billion in 625 deals and 5.5% insured rate the two achieved during the first six months of 2018.

Warnings about the weak health and liquidity risks of Chicago’ pension system litter the funds’ 2018 financial reports.

The muni market started the week hitting the ground running as the second biggest deal of the week priced along with a few others on what was a active Tuesday.

Eli Dvorkin of Center for an Urban Future explores how to improve New York City’s public parks infrastructure, from better staffing to untapped revenue opportunities. Paul Burton hosts.

Researchers found many pension plans have already taken significant steps to assure their long-term sustainabilty.

The criminal behavior must stop, but the recovery must proceed. Indeed, the recovery could get stronger from this recent purge.