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Several metropolitan districts, which finance public infrastructure for housing developments, tapped contingent liquidity for debt service payments this month.
December 24 -
The budgeting constraints transformed the state's finances and bond ratings. But critics say the policy's downsides include the stifling of needed investments.
December 23 -
The Trump administration may cut the Affordable Care Act and Medicaid, which threatens to land on a hospital sector still recovering from the COVID-19 pandemic.
December 20 -
The challenge to the 2022 approval of bonds for a PACE program could "catastrophically undermine" the finality of all Florida bond validations, the agency said.
December 19 -
Ohio legislators plan to vote Wednesday on a resolution that would put a $2.5 billion general obligation bond measure on statewide ballots May 6.
December 18 -
Governments once stayed for decades in the state program for distressed municipalites; one official called it a "roach motel." Today, only three towns remain.
December 16 -
Border cities like San Diego have obvious concerns about the impact of a trade war, but the ripples would extend into the South and Midwest, analysts say.
December 13 -
Brad Briner said the state may need to issue short-term debt in the near future to pay for Hurricane Helene expenses.
December 12 -
Wednesday marks the 10-year anniversary of Detroit's exit from bankruptcy. Its Chapter 9 declaration in 2013 was the largest municipal bankruptcy in the U.S.
December 11 -
A circuit court judge earlier this year struck down the law prohibiting state and local government contracts with firms "boycotting" the fossil fuel industry.
December 10