Sources say lawmakers want to know why the Municipal Liquidity Facility has only been used by two issuers.
Gov. Phil Murphy’s administration faces a fast-approaching deadline to choose its debt strategy: long-term GO bonds or the Fed's Municipal Liquidity Facility.
S&P Global Ratings revised its outlook on Pennsylvania's A-plus rating to negative from stable ahead of Wednesday's competitive general obligation bond sale.
Guam Gov. Lourdes Leon Guerrero told lawmakers she wants the island territory to be eligible for the Fed’s Municipal Liquidity Facility.
The so-called “skinny bill” proposed by Senate Republicans failed to advance Thursday in a 52 to 47 vote that fell short of the 60-vote supermajority needed to break a filibuster.
In the first two months of the fiscal year, Georgia saw state tax collections, which support the state general fund, increase by 12.4% year-over-year.
Any bonding to cover coronavirus-related budget gaps should come only with oversight from a reactivated state panel, the Citizens Budget Commission said.
A new state revenue forecast could put a crimp in the governor's $4 billion emergency funding bond plan.
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A new state revenue forecast could put a crimp in the governor's $4 billion emergency funding bond plan.
September 9
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The student housing and academic facility that serves the University of Illinois Chicago campus opened in August.
September 9
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Municipal Market Analytics' view of Chicago's bonds turns further south as the city looks to solve a deep budget hole.
September 9
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Currently, the maximum maturity period for bonds under the MLF is 36 months, up from 24 months when the program was first created in April.
September 9
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Everyone agrees economic recovery is underway, with much debate as to its shape and how long it will take.
September 9
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New York's law permitting municipalities to extend rollover periods on bond anticipation notes provides budget flexibility, but it's unclear how it will impact long-term debt.
September 8
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The Minnesota Management and Budget commissioner is moving to the University of Minnesota after a decade with the state, and his MMB predecessor replaces him.
September 8
