The IRS will post quarterly updates of its enforcement strategy on the webpage of the Tax Exempt and Government Entities Division-Compliance Programs and Priorities.
The 10 award winners are finalists for the national Deal of the Year Award, which will be announced at a virtual event on Dec. 16.
S&P Global Ratings downgrades the Garden State's general obligation bonds one notch to BBB-plus from A-minus.
Top-rated muni yields fell by as much as 10 basis points on the AAA curves on Wednesday the largest move better for the market since late April, early May. ICI reported $1.2B of muni bond fund inflows.
With continuing weakness in oil fields, restaurants and stores due to the pandemic, Texas saw sales tax collections fall 3.5% year-over-year.
Traffic is recovering at the Illinois State Toll Highway Authority, which is planning $600 million of new borrowing for its 2021 capital plan.
Public finance made up just 3% of total standalone enforcement cases.
The move would not resolve structural budget gaps, according to the rating agency.
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The move would not resolve structural budget gaps, according to the rating agency.
November 3
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The fate of the state budget and ratings may depend on the progressive income tax ballot measure. Midwest voters also face $2.3 billion of bond measures Tuesday.
November 2
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Financial hits to Atlantic City's hospitality industry from state limitations aimed at curbing the spread of COVID-19 are hindering a state agency reliant on luxury tax revenues to pay debt service on outstanding bonds.
November 2
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This is the Lone Star State's only bond election day in 2020 after the May date was canceled because of the COVID-19 pandemic.
November 2
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The American Securities Association wants to see a municipal debt purchase program extended past the end of the year, but Treasury has indicated that is unlikely.
October 30
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Virus effects have battered New York City’s economy and by extension, the city’s budget and credit standing.
October 30
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Moody’s on Thursday joined Fitch and S&P Global Ratings in moving the city’s rating outlook to negative. It has rated Chicago at speculative grade since 2015.
October 29
