Arlington, Texas, has weathered the pandemic with its ratings intact as it awaits the return of tourists and sports fans.
Lottery revenues, used to cover a chunk of the state's pension payment, will fall about $163 million short.
Major deals that produced record savings have enhanced the firm's credentials among municipal bond senior managers in Texas.
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.
The bond lawyer group's No. 1 suggestion is to loosen the rules governing state and local government borrowing for working capital.
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.
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.
Dallas-Fort Worth International Airport's second major refunding saw results similar to the first, paving the way to a $1.1 billion deal next week.
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Dallas-Fort Worth International Airport's second major refunding saw results similar to the first, paving the way to a $1.1 billion deal next week.
July 23
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A Republican-led Senate and White House proposal that was circulating among lobbyists earlier this week indicated the major benefit for local governments would be new language providing greater flexibility for Coronavirus Relief Fund grants.
July 23
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Market participants say issuer coronavirus disclosures have stagnated due to tax season and issuer fears of future legal ramifications.
July 23
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The revenue forecast for Virginia’s new spending plan is expected to be revised due to economic impacts caused by the pandemic.
July 23
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Cyberattacks are increasingly likely as more government employees work from home due to the coronavirus pandemic, analysts said.
July 23
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Hospitals margins could sink to unsustainable negative levels in the last half of the year, according to forecasts.
July 23
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Even with more federal rescue aid, which is hardly a given, the Metropolitan Transportation Authority may have to resort to deficit borrowing.
July 23
