Public finance

Municipal bond sales sank 28.2% from April 2018 as issuers awaited clarity on federal infrastructure plans.

As the session enters the homestretch, lawmakers are divided over how to impose tolls on the state's highways and whether to do so.

Penobscot County commissioners are seeking bids for architectural and engineering design services for a new, 300-bed jail to be built in the parking lot near the current facility in downtown Bangor.

Board says it it will sue those who held at least $2.5 million of the challenged bonds from May 2013 to May 2017.

The municipal bond market is waiting with anticipation for this week's new issues.

Philadelphia awarded a $190 million general obligation deal to banks the city is suing, alleging collusion on variable-rate debt.

The new mayor and council will take office after a bond issue resolves a longstanding back-pay lawsuit that the departing mayor once said threatened bankruptcy.

School districts dominate the list of 64 issuers seeking $11.2 billion of debt authority.

The P3 market is growing and state and local governments are taking note.

New York Mayor Bill de Blasio won praise for cost-cutting but drew criticism for failing to go far enough in preparing for an economic downturn.

The municipal bond industry veteran, formerly of PNC and Janney, will head municipal strategy and credit at Hilltop.

The Bond Buyer's Northeast Regional Editor Paul Burton speaks to CBC President Andrew Rein about the NYC Fiscal 2020 executive budget.

The board says it will file law suits seeking to claw back funds from bondholders before the end of Thursday, May 2.

The one-time cash infusion would go toward the unfunded liability of the Teachers' Retirement Fund ‘96 — the defined benefit plan for teachers hired after June 30, 1995.

The proposed $12.7 billion project to build a new rail tunnel connecting New York and New Jersey has become a flashpoint between Democratic lawmakers and the Trump administration.

Municipal bond buyers will be seeing more than $5 billion of supply headed into the market.

In the week ended April 25, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.87% from 3.89% the previous week.

Municipal bond buyers saw the last of the week’s new issues come to market on Thursday with action dominated by several large California water issuers.

A watchdog organization says New York City would fare better with a rainy day fund instead of its current reserve mechanisms.

Utilities serving 40 million people and 5 million acres of irrigated farm land agreed to a federal plan to keep water flowing amid a two-decade drought.