Illinois lawmakers overhauled the proposed Chicago casino tax structure and awarded MPEA more flexibility to deal with its fiscal woes.
Issuers say the Treasury's intent was to open up COVID-19 funds for public safety costs.
GASB has announced that the requirement for the use of GASB 87 standard for lease accounting has been pushed back to fiscal years beginning June 15, 2021.
Most of the state revenue loss came from $599 million in lower-than-estimated state sales tax collections, which support 79% of Florida’s budget.
With the latest federal rescue package stalled, New York's mayor has asked state lawmakers to authorize an additional $7 billion in bonding.
An injunction was issued against U.S. Immigration and Customs Enforcement, which could impact a prison's facility's revenue bonds.
Colorado will continue its highway building with $500 million of certificates of participation, as it weathers its deepest downturn in years.
Credit concern is being lost somewhat in pricing munis and traders said they are looking for alternative benchmarks, even turning to corporates and U.S. Treasuries to price the market.
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Issuers say the Treasury's intent was to open up COVID-19 funds for public safety costs.
May 27 -
GASB has announced that the requirement for the use of GASB 87 standard for lease accounting has been pushed back to fiscal years beginning June 15, 2021.
May 27 -
Most of the state revenue loss came from $599 million in lower-than-estimated state sales tax collections, which support 79% of Florida’s budget.
May 27 -
With the latest federal rescue package stalled, New York's mayor has asked state lawmakers to authorize an additional $7 billion in bonding.
May 27 -
An injunction was issued against U.S. Immigration and Customs Enforcement, which could impact a prison's facility's revenue bonds.
May 27 -
Colorado will continue its highway building with $500 million of certificates of participation, as it weathers its deepest downturn in years.
May 26 -
Credit concern is being lost somewhat in pricing munis and traders said they are looking for alternative benchmarks, even turning to corporates and U.S. Treasuries to price the market.
May 26