Public pensions

State Comptroller Susana Mendoza released interim numbers because the state's comprehensive annual financial report for fiscal 2019 is unfinished.

The changes are a credit positive for the state of Ohio and the local governments that participate in OPERS, according to Moody's Investors Service.

Joe Torsella received the appointment to the National Association of State Treasurers committee from NAST President Deborah Goldberg of Massachusetts.

Irvine, Fresno and Stockton were among only 12 of the 75 largest U.S. cities that are on top of their financial obligations, according to a think tank's report.

The market awaits Gov. J.B. Pritzker's fiscal 2021 budget proposal next month before turning to November's progressive income tax vote.

The city, only recently released from state oversight, is facing more fiscal challenges.

Three of the biggest New York City pension funds have selected advisors to help divest from fossil fuels.

Eric Holcomb pushed a similar early payment last year when he announced the use of $150 million of reserves to pay off a pension liability.

S&P dropped the the nation's second-most-populous county — one of many Illinois governments struggling with retirement plan funding — to A-plus from AA-minus.

Huntington Beach approved a resolution to refinance up to $436 million of public employee pension debt with pension obligation bonds.

Analysts expect Tuesday's $325 million competitive pricing will garner strong demand from investors seeking higher yields.

Florida can issue $32.4 billion of bonds over the next decade, the state’s annual debt report concludes.

Latest local government, pension-related downgrade in Illinois comes as local public safety pension consolidation now underway

The orders issued Dec. 23 bring to a close the Securities and Exchange Commission enforcement action against Navnoor Kang, Deborah Kelley and Gregg Schonhorn.

Gov. Andy Beshear released an unfavorable actuarial analysis of a pension reform plan backed by former Gov. Matt Bevin.

Fitch Ratings revised the outlook on its AA-minus rating to negative from stable.

Fitch Ratings raised Hawaii to AA-plus from AA.

The state's public pension funds will divest holdings in civilian firearms manufacturing companies and prohibit future investments, Shawn Wooden says.

Mayor Lori Lightfoot's first budget cleared the City Council on a 39-11 vote.

The budget was balanced without tax or fee hikes but rising uncompensated healthcare costs are expected to strain the county's finances.