Mainstreaming some emergency measures would provide the Department of Design and Construction more contracting flexibility, said first deputy commissioner Jamie Torres-Springer.
Illinois Gov. J.B. Pritzker's budget proposal, rosier revenue estimates and the prospects of more federal aid are only short-term salve for the state's long-term fiscal strains.
Lawmakers will vote next week on a relief package agreed to by the governor and legislative leadership.
Federal Highway Administration officials have told the mass transit agency they would fast-track an environmental review process.
From the return of advanced refundings to a direct-pay bond option, Michael Decker and Brett Bolton highlight the work the Bond Dealers of America are focused on in 2021, and the challenges and ultimate resilience of the municipal market since the onslaught of COVID. Lynne Funk and Kyle Glazier host. (30 minutes)
Indiana, Michigan and Ohio budget proposals benefit from a revenue picture that is more optimistic than feared earlier in the COVID-19 pandemic.
School districts are likely to address learning loss with more spending on summer school, intensive tutoring, and afterschool programs.
Uncertainties include state and federal aid levels, the effects of vaccine distribution and the MTA's finances.
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Uncertainties include state and federal aid levels, the effects of vaccine distribution and the MTA's finances.
February 12
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If voters grant $500 million in new bond authority, the agency can hold down rate increases to fund mandatory projects.
February 11
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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.
February 11 -
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.
February 11
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Local governments would get 40% of the $350 billion in direct federal aid to state and local governments.
February 10
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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.
February 9
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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
February 9
