Public finance

Flannery, current deputy chief financial officer for Chicago, will begin her new job in North Carolina June 10.

Market participants have a lot of issues to cover this week at the Smart Cities annual conference — climate change and resiliency, AI, cybersecurity and more.

Reports of overtime abuse, a call for a prosecutor and strained labor relations, intermingled with a fiscal crisis, produced an explosive board meeting.

Travis County has closed on a $330 million, triple-A rated deal to fund the civil and family courts building in downtown Austin.

As the innovation- and resilience-themed Smart Cities conference begins, questions include how well is New York prepared for another Sandy-like catastrophe.

Municipal bond market participants are keeping one eye on the sale calendar and the other on the equities market.

The Austin City Council voted Thursday to issue $470 million in debt to purchase an East Texas biomass power plant that has only one customer, the city itself.

In the week ended May 9, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.78% from 3.82% the previous week.

Gov. J.B. Pritzker's about-face on re-amortizing to reduce next year's pension contribution is one less negative rating factor, agency analysts said.

The anticipated surplus for fiscal years 2019 through 2013 has dropped to $11.6 billion from $15.1 billion, leaving less money for debt service and capital spending.

Transportation issues took center stage in the muni market on Thursday.

The bond package includes $50 million for affordable housing in a first for the Ohio capital.

Scarce high-yield supply is creating challenges for muni fund managers.

Airports have been clamoring for an increase in the PFC limit for years, arguing that they need it to help finance capital improvements that would be paid for with new bond issues.

Congress’ capacity and willingness to spend anything significant on infrastructure is severely hampered by the already-massive size of the federal debt.

The urgent need to repair and upgrade the housing stock may offset leeriness over private development.

Resilience financing expert Alan Rubin of Blank Rome explores this new dynamic and its role in the public finance market. Paul Burton hosts.

The plan continues a cut to the pension system found in earlier versions.

Municipal bond buyers saw more deals come to market on Wednesday as muni yields held in at lower levels.

The current volume cap on PABs issued for highways and freight improvement has just over $2.5 billion remaining that can be authorized by the U.S. Department of Transportation.