-
Low interest rates, looming CalPERS amortization changes and pandemic-related budget hits were cited as factors in the record year for California POB deals.
May 24 -
In what one critic called a "riverboat gamble," Mayor Jorge Elorza in Rhode Island's capital city seeks $704 million to pump into a severely unfunded system.
May 21 -
The state Supreme Court upheld with the original circuit court ruling tossing out the lawsuit, which sought to invalidate more than $14 billion of GO bonds.
May 20 -
The next phase of pension risk analysis will be different and more challenging: Assessing the long-term impacts of individual jurisdictions’ choices in the context of their unique workforce demographics, benefits and salary structure, and pension funding status.
March 9Build America Mutual -
Far West municipal issuers sold $99.1 billion of debt last year, a 16% increase from 2019.
March 4 -
This year's pension debt volume could match that of 2020, which was the highest since the financial crisis year of 2008, industry leaders say.
February 1 -
With interest rates at historic lows and stock market returns at record highs, Tucson sees a ripe opportunity to issue pension debt.
January 25 -
Joe Torsella still advised that such a move to backstop the commonwealth's two largest public retirement funds is no panacea.
December 15 -
The state attorney general is asking the court to clarify the legal standard for denying taxpayer actions and decide if the state constitution limits GO borrowing to capital purposes.
December 9 -
“What purpose do reserves serve if we don't utilize them in times when you have a problem?” one alderman asked.
September 29