Tax

Next week's $500 million taxable revenue bond deal is backed by a 1% surcharge on annual incomes higher than $1 million.

The Chicago Civic Federation supports the proposed budget despite worries

NDH founder Scott Haber told Louisiana officials that state tax credits can provide seed funding for public-private partnership projects.

Gov. Brian Kemp asked state agencies to reduce spending by 4% in the current budget and by 6% in fiscal 2021.

The port saw a 19.1% year-over-year drop in port container traffic in October amid the trade war with China.

Officials of the art museum say the effects of Detroit's bankruptcy have impeded their efforts to build the endowment they had envisioned.

Kenneth Potts, senior vice president and portfolio manager at Fiera Capital, checks in on the state of the municipal bond market. He talks about the effect of the SALT deduction on high-tax states and supply and demand factors in this podcast recorded in September. Chip Barnett hosts.

Texas continued its record-setting pace in October with monthly sales tax revenue growing 7% year-over-year to $2.82 billion.

The deal is made up of $741 million in general airport revenue bonds and $313 million backed by customer facilities charges on car rentals.

Though the market may view Chicago's budget as heading in the right direction, relying on the state is a gamble that's a concern for aldermen, too.