Public finance

The full state Senate will weigh Gov. J.B. Pritzker's proposal to ask voters to approve a graduated tax system after it cleared a committee.

California water bonds highlight the light holiday-week calendar.

Bankers, lobbyists, issuers and lawyers aren't necessarily optimistic on an infrastructure bill passing this year.

The firms are saying they shouldn't have to participate in the disclosure, which could lead to a clawback of bond payments.

Municipal supply will slip in the holiday-shortened trading week, but that doesn't mean there won't be things to watch for in the market.

Four California and Chicago school districts are among issuers to earn negative outlooks in Fitch revisions after a ruling in Puerto Rico's bankruptcy.

Staring at a third gas tax hike in four years, New Jersey is exploring enacting an alternative revenue source for the state’s Transportation Trust Fund.

In the week ended April 11, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was unchanged from 3.88% the previous week.

All eyes were on the enormous California offering. PREPA bonds have risen this month as investors anticipate a deal to restructure its debt is gaining support.

One group of GO holders says that pre-fiscal 2012 guaranteed debt should have higher priority for repayment than the newer bonds.

Mayor-elect Lori Lightfoot opted not to try to block votes on controversial subsidies that could top $2 billion for two economic development projects.

The number of states aiding school districts with pension costs is expected to grow as pension burdens escalate.

Peter Block addresses the latest trends, developments, and expectations for the municipal market in 2019 and beyond in The Bond Buyer’s latest podcast with the managing director of credit and strategy at Ramirez & Co. John Hallacy and Christine Albano host.

Retail investors got first shot at California’s $2 billion GO deal Wednesday.

Lori Lightfoot picked Jeffrey Bethke to help address the city's pension and budget demands when she takes the helm next month.

Assured Guaranty indicated it is interested in reaching a deal on PREPA bonds rather than continuing its quest for a PREPA receiver.

The U.S. budget deficit widened to $691 billion in the first half of fiscal 2019 as spending outpaced an increase in revenue.

Among the beneficiaries is a bond-financed bus line in Portland, Oregon.

Former Gov. Arnold Schwarzenegger celebrated when the California Transportation Commission voted, despite a host of warnings, to pay a contractor more than $1 billion to build two tunnels and a stretch of road outside San Francisco nine years ago.

The City Council called on de Blasio to increase reserves in the $92.2 billion budget by $250 million.