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The Securities and Exchange Commission has charged the City of Rochester, New York, its former finance director, former CFO and their municipal advisor with misleading investors in a $119 million bond offering.
June 14 -
The final budget sets aside about $8.3 billion in budget reserves, which bring them to the highest level in the city's history.
June 10 -
The Long Island county has scheduled a competitive sale Tuesday for $241 million of Series 2022A tax-exempt general obligation improvement bonds.
June 10 -
As summer beckons, it's time for a reporters' roundtable with some of the Bond Buyer's senior staff. Yvette Shields, Karen Pierog, Keeley Webster and Thomas Nocera talk with Chip Barnett about what's hot in their regions and what municipal bond market participants should expect to see in the months ahead. (25 minutes)
June 7 -
Since New York legalized the sports gambling industry five months ago, residents of the state have made almost $6 trillion in bets.
June 6 -
The Citizens Budget Commission awards gala was attended by New York Mayor Eric Adams, State Comptroller Thomas DiNapoli and former Lt. Gov. Richard Ravitch.
June 3 -
Total May volume was $31.167 billion in 750 deals versus $35.358 billion in 1,295 issues a year earlier. In a continuing trend, new-money issuance was up 14.2% in May year-over-year.
May 31 -
The recommendation would build reserves toward a target of 16% of tax revenues in order to prevent drastic service cuts during a recession.
May 23 -
Several states have passed, or are considering, legislation to bar local governments from making payments to criminals who hold computer systems hostage.
May 20 -
Almost $25 million of bond funds provided for school technology and security enhancements to state school districts this year from the 2014 Act.
May 19