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The structure in which bonds are backed by a lease of city streets is being used in the Southern California cities of Torrance and West Covina.
August 20 -
State economists project Florida will lose $5.4 billion of general revenues over the next two years, partly from reduced sales and lack of tourism.
August 19 -
The mass transit agency, its finances reeling from the coronavirus, rejected bids from 10 different banks and sold $451 million of notes to the Municipal Liquidity Facility.
August 19 -
Its $125 million taxable social bond follows a $1 billion Ford Foundation deal as part of a multi-foundation pledge in response to the COVID-19 pandemic.
August 17 -
Gilt-edged Georgia boosted the amount of its borrowing this year to support the state's economy amid the COVID-19 pandemic, state official say.
August 17 -
Lauren Sobel, a municipal bond analyst at Bank of America, died in a rock climbing accident in Gardiner, New York.
August 14 -
The authority's issue will also provide new money to help finance renovations at the state's historic capitol building in Lansing.
August 13 -
Federal Judge Mark Cohen formally closed out the lawsuit between the two utilities and Jacksonville after a term sheet was posted settling the litigation.
August 13 -
Hector Matos brings years of experience as a Texas school finance expert and Citigroup banker to Raymond James' new San Antonio office, the firm said.
August 13 -
Huntington says the Michigan team that came over from Hilltop has experience covering local school districts and governments as well as the state.
August 12