Oregon State Treasury completes $610 million bond sale
Second, $124 million bond sale refinances lottery bonds
SALEM, Ore. (KTVZ) Affordable housing, drinking water improvements, schools and earthquake readiness are just a few of the projects that will be funded through the Oregon State Treasury’s recent $610.2 million bond sale on behalf of state government. A second, $124.1 million bond sale underway by Treasury’s Debt Management team will refinance some of the state’s Lottery bonds to a lower rate, saving the state millions of dollars.
“When we can help state and local governments secure the lowest costs for project financing, those governments can do more for the people they serve,” said Treasurer Tobias Read. “That goes for new bonds and new projects, which bring much-needed economic activity to the state, as well as older bonds that can be refinanced at lower rates. It all adds up for Oregon communities.”
Media Credit: File Photo by Jack Fonseca | Senior Staff Photographer
Officials are planning for a $25 million surplus next fiscal year, but some faculty say those funds should be used to restart research delayed by the pandemic.
News By Isha Trivedi Apr 19, 2021 1:23 AM
Faculty said current financial planning for fiscal year 2022 doesn’t allocate enough funds for research.
Officials said as the deans for all of GW’s schools and vice presidents submitted funding requests to build a budget for FY 2022, administrators found that they could not fulfill all of these requests while also meeting other financial goals. But faculty said officials should prioritize funding for research in light of delays during the COVID-19 pandemic.
Felicia Hopson: Burlington County residents can be proud of budget
Felicia Hopson
Anyone who has ever balanced a checkbook or crafted a household budget knows that it involves setting priorities and making choices. Families face difficult decisions about their finances almost every day. Government should be no different.
Here in Burlington County, we know how important it is to spend the tax dollars we are entrusted to oversee efficiently and wisely. And we have. You don’t have to take my word for it.
Moody’s Investors Services pointed to the county’s “budgeting and ongoing expenditure controls” and “strong financial results” in a recent report that maintained the county’s strong credit rating.
NJ tax collections soar in March; SALT cap workaround big factor njbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from njbiz.com Daily Mail and Mail on Sunday newspapers.
Published April 13, 2021, 5:14 PM
Moody’s Investors Services has returned its “stable” outlook for Philippine banks with the economy’s gradual but “mild” improvement this year and despite that banks’ asset risks are still on high side.
“We have changed the Philippines’ banking system outlook to ‘stable’ from ‘negative’ to reflect our expectations that a mild economic recovery will support the operating environment for banks. However, asset risks remain high because of a prolonged curtailment of business activity, a high unemployment rate and weak consumer sentiment,” according to the credit rating agency’s “Banking System Outlook Update – The Philippines” released Tuesday.