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"An increase in social distancing and remote work has resulted in growing vacant office space since late 2020. Office rents have also trended down and remained depressed into 2022," according to the Popular Annual Financial Report.
November 22 -
With federal funding accounting for the largest portion of its revenue, Utah is mulling safeguards in the event of a future decrease.
November 16 -
The update noted the growth in the fiscal 2023 budget since its adoption last July was due to the approval of federal grants.
November 15 -
New York City will also release the first quarter update to the fiscal 2023 financial plan this month.
November 15 -
Seven years after dropping Chicago to speculative grade citing pension funding, Moody's returned the city to investment grade, citing pension funding.
November 8 -
Larry Kosmont, chairman and CEO of Kosmont Companies, discussed the interplay between state and local governments as electeds work to solve the state's housing crisis with Keeley Webster, a senior reporter for The Bond Buyer. (18 minutes)
November 8 -
New GO borrowing authority, a WIFIA loan for lead water service line replacement, and short-term airport financing are before Chicago City Council.
November 2 -
The municipal market was a tale of two halves in fiscal 2022, the report says.
October 28 -
The proposed county budget, buoyed by rising tax revenues, a healthy fund balance and pandemic relief, stays the course on supplemental pension funding.
October 11 -
Mayor Lori Lightfoot's proposed budget would forgo an inflation-formula-based property tax hike and make supplemental contributions to the city's pension funds.
October 4