Federal COVID-19 relief aid cushions the district's balance sheet but labor, state budget, and pension woes remain.
ISFA board member Leslie Darling will take over the role of board chair.
With interest rates at historic lows and stock market returns at record highs, Tucson sees a ripe opportunity to issue pension debt.
The case has also has fiscal implications for Arkansas, Delaware, Nebraska, New York, and Pennsylvania.
The bistate agency intends to fund a build-in-place Manhattan terminal with capital funds, air rights, PILOT payments and federal backing.
S&P Global Ratings raised Detroit's outlook to stable from negative on a BB-minus rating; Moody's affirmed the city at Ba3 with a positive outlook.
While federal funds enabled the transit authority to sidestep fare hikes for now, it faces a raft of pandemic-related variables and state budget uncertainty.
Robin Marshall, director of fixed income research at FTSE Russell, talks about what investors should be paying attention to during the coming year. He looks at inflation prospects, possible Central Bank actions and the continuing effects of the COVID-19 pandemic. Chip Barnett hosts. (15 minutes)
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Robin Marshall, director of fixed income research at FTSE Russell, talks about what investors should be paying attention to during the coming year. He looks at inflation prospects, possible Central Bank actions and the continuing effects of the COVID-19 pandemic. Chip Barnett hosts. (15 minutes)
January 21
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Skeptics ask whether New York's governor is overplaying the Washington hand and how the state can improve its own lot.
January 20
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As travel declines during the coronavirus pandemic, munis backed by tourists' cash may come under increasing financial pressure.
January 20
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The California Endowment, the largest health foundation in the state, plans to offer its first debt sale in nearly two decades to help alleviate some of the financial pressure charities around have been facing due to COVID-19.
January 20
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The incoming Biden administration last week proposed direct federal aid of $350 billion to state and local governments as part of a proposed $1.9 trillion coronavirus relief bill.
January 19
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State tax revenues remain down compared to pre-coronavirus figures but estimates in a new forecast are higher than its previous official forecast in August.
January 19
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In addition to direct aid, they would get money for vaccinations, education, transit, housing, Medicaid, LIHEAP, and TANF.
January 15
