The New York mayor rolled out his $92.3 billion preliminary spending plan with warnings about federal and state variables, more pronounced amid the COVID-19 crisis.
State Treasurer Dale Folwell said his office was rewarded for staying the course on a decades-long conservative management strategy.
The Foothill-Eastern Transportation Corridor Agency in California has slated a tender offering exchange for Jan. 21 ahead of a Jan. 25 advance refunding.
KC Mathews, executive vice president & chief investment officer at UMB Bank, discusses how the coronavirus pandemic has affected the economy and what he expects going forward. He speaks about what the incoming Biden administration and the Democrats' control of Congress will mean for the economy; and the Federal Reserve's stance and role in recovery. Gary Siegel hosts. (Recorded Jan. 7; 28 minutes)
Prepaid gas deals were notably absent from 2020's record-breaking municipal market as COVID-19 caused market disruptions for banks that provide credit support.
Monday’s vote was the start of the process of allowing lawmakers to work on the approximately $12 billion state budget in a conference committee.
The city has suffered tax and economic blows from COVID-19 but has weathered the impacts with adjustments to its roughly $1 billion budget.
Despite the coronavirus pandemic, Tennessee state revenue collections last month were about $156 million more than the budget estimate.
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Despite the coronavirus pandemic, Tennessee state revenue collections last month were about $156 million more than the budget estimate.
January 12
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Hempstead, N.Y., Supervisor Donald X. Clavin Jr., talks about the town’s receipt of $133 million of CARES Act federal funding and the subsequent credit rating upgrade by Moody’s during the COVID-19 pandemic. He speaks about how the town’s conservative budgeting helps bolster its financial position during tough economic times. Andrew Coen hosts (24 minutes).
January 12
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The companies said the new offering combines ICE Data Services’ expertise in municipal bond pricing and reference data alongside ADP’s aggregated, anonymized and timely HR and compensation data.
January 12
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Municipals were little changed Monday as participants await the larger new-issue calendar while equities and U.S. Treasuries react to news out of Washington and COVID-19 ravages the globe.
January 11
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As issuance rose in 2020, so did municipal bond insurance usage, with $34.167 billion wrapped, or 7.5% insured total issuance from almost 5.7% in 2019.
January 11
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Federal aid and budget cuts could erase Texas's nearly $1 billion revenue shortfall, state Comptroller Glenn Hegar says.
January 11
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Rhode Island Housing and Mortgage Corp. is coming off its inaugural social bond issuance.
January 11
