The transit authority has a $2.9 billion hole in its $54.8 billion five-year plan, according to New York State's comptroller.
The Metropolitan Pier and Exposition Authority lost McCormick Place Convention Center events and tourism-driven taxes to the pandemic. It also plans another debt restructuring.
S&P Global Ratings lifted its outlook for the North Texas Tollway Authority as it prepares to refund $850 million of debt.
The state’s seasonally adjusted unemployment rate remains below the national unemployment rate of 6.0%.
The state’s unemployment rate has remained below the national rate for eight months in a row and has fallen by 0.2% over the year.
Nearly 40% of the fees it pays for bond sales go to women-owned, minority-owned and service-disabled veteran-owned investment banks.
A year after its S&P outlook turned negative, Oklahoma is back to a stable position on strong financial management during COVID.
Recent budgetary and pension reports underscore how llinois must proceed with caution in spending $7.5 billion of federal aid.
-
Recent budgetary and pension reports underscore how llinois must proceed with caution in spending $7.5 billion of federal aid.
April 13
-
“It’s too early to talk about changing monetary policy ... We want to stay with our very easy monetary policy while we are still in the pandemic tunnel.” Bullard said Monday.
April 12
-
The COVID-19 pandemic is both reinforcing traditional strategies that drive consolidation and steering new trends
April 12
-
Texas A&M University System purchased the privatized housing at three campuses through a taxable revenue bond deal.
April 12
-
Chicago's investors will be on the hunt for answers to how the city intends to use federal dollars, including whether it's going to scrap scoop-and-toss plans and meet rising pension contributions.
April 9
-
Buoyed by a ratings upgrade from Moody's, the state still faces challenges including high debt and legacy costs.
April 9 -
These so-called American Renewal Bonds would help finance a national infrastructure initiative until the economy sufficiently recovers from the pandemic.
April 8
