State revenues for fiscal 2020 came in 5.7% lower than Florida forecasters anticipated because of business disruptions caused by the COVID-19 pandemic.
It is unlikely that transit agencies will get the full amount, but the Senate's new bill implies possible discussion for more transit funding.
The National Conference of State Legislatures said the proposal “ignores the economic realities in the states."
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.
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.
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.
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.
Arlington, Texas, has weathered the pandemic with its ratings intact as it awaits the return of tourists and sports fans.
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Arlington, Texas, has weathered the pandemic with its ratings intact as it awaits the return of tourists and sports fans.
July 27 -
Lottery revenues, used to cover a chunk of the state's pension payment, will fall about $163 million short.
July 27 -
Major deals that produced record savings have enhanced the firm's credentials among municipal bond senior managers in Texas.
July 27 -
The next stimulus package will help municipalities and those who are struggling the most, but won't be as generous as the first package, economists predict.
July 24 -
The bond lawyer group's No. 1 suggestion is to loosen the rules governing state and local government borrowing for working capital.
July 24 -
A 16-year-old bond case reemerged to play a central role in Republican efforts to halt Gov. Phil Murphy’s $9.9 billion borrowing plan.
July 24 -
The Puerto Rico oversight board warned that without restructuring, PREPA faces about $4.5 billion of legacy debt service obligations in the next five years.
July 24