The Democratic governor has requested changes to a municipal bonding bill that would have empowered local governments to borrow for offsetting revenue losses from the COVID-19 pandemic.
With many states facing more coronavirus cases, experts are split on what the report will show.
Dealers are not seeing demand and are therefore not trading inventory this summer, sources say.
House Speaker Nicholas Mattiello has filed bills calling for a referendum on boosting the state's reserve balance to 10% of annual general revenue over a decade.
Kathy Wylde, president of the Partnership for New York City, charts a path for restarting the city's economy, including a digital buildup and public-private partnerships. Paul Burton hosts.
James Tricolli is out at RBC while Bob Spangler takes the helm and the firm looks to grow.
Minnesota’s projection of a $2.4 billion gap in the current budget cycle remains on target, but another $4.7 billion gap looms in the next two-year budget as the toll mounts for the COVID-19-induced economic shutdown and recession. The state plans to sell $1.2 billion of GOs next week.
The bill would allow the U.S. Department of Transportation’s Maritime Administration to provide emergency relief grants to ports for the first time in response to the pandemic.
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The bill would allow the U.S. Department of Transportation’s Maritime Administration to provide emergency relief grants to ports for the first time in response to the pandemic.
August 3
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Dealing with a pandemic in an economy hard hit by falling oil prices, Ector County Hospital District sees an opportunity to lower debt finance costs.
August 3
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A continuation of some form of extra unemployment benefits would bolster economic growth, Federal Reserve Bank of Dallas President Robert Kaplan said.
August 3
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The surging U.S. savings rate means the country can afford to support Americans laid off due to the coronavirus pandemic, while a “hard” lockdown could deliver a faster economic recovery, a senior Federal Reserve official said on Sunday.
August 3
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With convention and hotel taxes plummeting, Lexington is financing up to three years of debt service to avoid default and backing the deal with a GO pledge.
August 3
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Municipal issuers continue to swarm the muni market with taxable muni deals, as July accounted for $42.6 billion — the highest total for the month since at least 1986.
July 31
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The letter, which includes signatures by 42 Republicans, requests an enhancement to the 4% Low-Income Tax Credit.
July 31
