Judge slams Oklahoma Turnpike Authority for Open Meeting Act violations
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The Oklahoma Turnpike Authority willfully violated the state's Open Meeting Act when it failed to disclose a $5 billion, bond-financed extension plan on meeting agendas earlier this year, according to the first major ruling in litigation seeking to derail the project.
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With not-for-profit hospitals preparing to close out 2022 with bruising expense-side wounds weighing on their balance sheet, the bad news doesn't end there as the outlook for next year has dimmed, rating agencies and other sector followers said.
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As the federal government's emergency COVID-19 aid dwindles, the New York Metropolitan Transportation Authority is looking at ways to restore its fiscal health in the face of a variety of challenges both new and old.
The new Congress should take action to restore advance refunding and ease liquidity issues in the municipal market by lifting the state and local tax deduction cap, the chair of the Securities Industry and Financial Markets Association's board of directors said Thursday.
And if you missed any of our ESG Week coverage, make sure to check our ESG special section which has all the articles, the podcast and a taped version of the Leaders event.
Municipals were little changed Friday as U.S. Treasuries pared back losses to end the day mixed after the morning shock of the hotter-than-expected jobs report sent them selling off. Equities ended mixed.