Uncertainties include state and federal aid levels, the effects of vaccine distribution and the MTA's finances.
If voters grant $500 million in new bond authority, the agency can hold down rate increases to fund mandatory projects.
The governor, in his $46 billion biennial budget proposal, called for both as the state seeks to plug a deficit from the effects of COVID-19. The plan also has a bond provision.
Responsible, limited changes in the tax code and IRS regulations could go a long way toward economic recovery where needed most to deal with the pandemic.
Local governments would get 40% of the $350 billion in direct federal aid to state and local governments.
The Federal Reserve’s Main Street Lending Program, which was designed to provide emergency support to mid-size U.S. companies during the pandemic, lent out a total $17.5 billion.
More than 30 finance chiefs of major U.S. cities sent a letter to the Biden Administration making their case for direct aid and new borrowing tools
A House committee is considering for the first time how grants for ports will be appropriated to combat the pandemic.
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A House committee is considering for the first time how grants for ports will be appropriated to combat the pandemic.
February 9
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The IRS Tax Exempt Bond unit closed nearly 300 cases instead of attaining its earlier goal of around 500 cases.
February 9
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Tom Kozlik of Hilltop Securities examines variables related to President Biden's first-stage rescue package, including market reaction, state-local aid and vaccine rollout. Paul Burton hosts; Recorded Jan. 27. (19 minutes).
February 9
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The taxable refunding will lower debt service obligations for the airport car rental facility, hit hard by the coronavirus pandemic, through fiscal 2025.
February 8
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The effects of COVID-19 on Puerto Rico are severe and the island's capacity to repay its debt has changed. The Oversight Board's objectives in the debt-restructuring process, however, have not.
February 8
Financial Oversight and Management Board for Puerto Rico -
San Francisco Mayor London Breed supported the lawsuit against San Francisco Unified School District saying students are falling behind while schools remain closed to in-person learning.
February 4
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This pandemic-related waiver from a handwritten signature extends through June 30 of this year.
February 4
