Public finance

Birmingham, Alabama's general obligation bond rating was lowered one notch by Fitch due to growing pension liabilities.

Chicago's CFO says investor outreach will stress fiscal controls that make it difficult for the city to backslide on its progress under Rahm Emanuel.

The initiative by New York City Comptroller Scott Stringer and the pension fund trustees raises the assets committed through the program above $1.5 billion.

Jim Kenney says his plan will boost the city’s pension and reserve levels while avoiding any tax increases.

Municipal CUSIP requests rose 16.7% in February, signaling possible growth in bond supply.

The groups believe the MSRB cast too wide a net to non-syndicate dealers in its January draft guidance.

Moody's views the ruling positively, but S&P says the court sidestepped the main issue.

Bob Spangler and Jim Tricolli say they are sticking with the winning strategy — and staff — established by Chris Hamel.

New York, Chicago and Los Angeles, with disparate challenges, set the tone for effective planning, said Kroll.

Municipal bond buyers will see several big deals head their way this week. Taking the top spot is a $654 million deal from the Regents of the University of California to be priced by UBS while Citi is set to price the Lower Colorado River Authority's $370 million offering.

The board says that the governor appears to be deviating from the approved budget.

For the ninth week in a row, cash rushed into municipal bond funds. Analysts explain why.

The Berkeley County School District said its financial advisors and bond counsel were involved a fraud scheme that sent its CFO to prison.

While the board is also seeking high court review, its goals are opposite of those of the union.

House lawmakers weren't willing to go as far as Mike DeWine in raising gas taxes.

The governor announced a $4.5 billion, four-year infrastructure resilience initiative, for which he needs lawmakers to approve a natural gas drilling tax.

Shawn Wooden expects his proposal to fix to state teachers’ pension system to kick-start an agenda that includes infrastructure, improved returns and financial literacy.

The court rejected giving a full hearing less than a week after a request was made to it to do so.

Developments in Detroit's auto industry give the city an edge over other Midwest cities, according to Moody's Investors Service

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 4.04% the week before.