Nevada Gov. Joe Lombardo sparked a budget firestorm ahead of the legislative session by proposing a budget with a deficit and naming a new budget chief. Nevada Gov. Joe Lombardo replaced his budget chief just days before Nevada lawmakers convene on Feb. 3 for their regular legislative session, where they will discuss the governor’s budget

Hans Hanf, former head of municipal markets at BAM, was remembered by friends and colleagues. Hans Hanf, former head of municipal markets at BAM, whose career in municipal finance spanned nearly half a century, died on Jan. 22.  He was 76. Hanf’s friends and colleagues remembered him as someone who could effortlessly bring people together.

<img src=”https://public.flourish.studio/visualisation/21307028/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady Friday as U.S. Treasury yields fell slightly and equities ended lower. The 10-basis-point-plus UST rally in the week of Jan. 13 led to slightly more attractive muni-UST ratios as munis lagged, but not for long, said Barclays strategist Mikhail Foux. While UST yields were stable the

Chicago’s City Hall, where Mayor Brandon Johnson negotiated a 2025 budget that Moody’s called credit neutral but which drew a downgrade from S&P Bloomberg News Chicago plans to sell roughly $830 million of general obligation bonds to help finance its 2024-28 capital improvement plan, according to the city’s finance team. The bond sale was announced

<img src=”https://public.flourish.studio/visualisation/21290760/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were weaker Thursday as the primary market slowed and muni mutual funds saw inflows top $2 billion. U.S. Treasuries saw yields rise five years and out and equities ended mixed. The two-year municipal to UST ratio Thursday was at 64%, the five-year at 64%, the 10-year at 66%

Puerto Rico Gov. Jenniffer González Colón at her inauguration Jan. 2 in San Juan.Bloomberg News Puerto Rico’s new governor and new party controlling the legislature may bring changes to its financial and economic policies, according to analysts. The bankruptcy of the Puerto Rico Electric Power Authority has continued for more than seven years and the

The Texas House and Senate unveiled their budget plans for the fiscal 2026-27 biennium.Bloomberg News The Republican-controlled Texas House and Senate on Wednesday unveiled base budget plans for the upcoming biennium with both chambers proposing to continue funding and expand a massive property tax cut enacted in 2023. Armed with a record $39.4 billion cash

The Chicago area’s Regional Transporation Authority is calling for $1.5 billion in funding from state and local sources, including higher local sales taxes and rider fares. Regional Transportation Authority With Chicago-area transit services facing a fiscal cliff and state lawmakers in Springfield advocating major governance reforms, the region’s Regional Transportation Authority released a plan last

<img src=”https://public.flourish.studio/visualisation/21257304/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were firmer Tuesday as U.S. Treasury yields fell and equities ended up. Muni yields were bumped one to four basis points, depending on the scale, while UST yields fell up to seven basis points out long. As the last third of January progresses, munis are in the red,