The Metropolitan Pier and Exposition Authority named underwriters and a team to sell up to $200 million of bonds to manage pandemic-driven revenue losses.
The New Jersey megamall owners' missed mortgage payments for another property compound investor concerns.
Prominent current and former public officials and analysts broadly agree that states and localities are headed for deep financial holes without additional and substantial federal aid.
County leaders say added flexibility in CARES Act spending in the Senate GOP bill is limited.
Fitch Ratings cut Pioneers Memorial Healthcare District in Imperial County to BB from BBB-minus.
Florida TaxWatch and environmentalists are urging Florida lawmakers to stop planning for the Suncoast Connector and others before millions are spent.
Colorado's decision to withhold pension funding brings a warning from Moody's.
State revenues for fiscal 2020 came in 5.7% lower than Florida forecasters anticipated because of business disruptions caused by the COVID-19 pandemic.
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State revenues for fiscal 2020 came in 5.7% lower than Florida forecasters anticipated because of business disruptions caused by the COVID-19 pandemic.
July 28
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It is unlikely that transit agencies will get the full amount, but the Senate's new bill implies possible discussion for more transit funding.
July 28
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The National Conference of State Legislatures said the proposal “ignores the economic realities in the states."
July 28
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Minnesota's governor blames efforts to strip emergency powers he used in the fight against COVID-19 for the holdup in passing a $1.8 billion bond authorization.
July 28
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As an industry, we must speak persuasively with one voice and impress upon the administration and Congress that there is no substitute for the golden, reliable friends of our industry’s past.
July 28
Cozen O’Connor -
The three-month extension for the central bank's lending programs is one of several recent steps by policymakers to stabilize the economy as the coronavirus pandemic stretches through the summer.
July 28
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Tom Kozlik of Hilltop Securities explains why meaningful federal coronavirus assistance to states and cities is no slam dunk. Paul Burton hosts. Recorded July 21.
July 28
