Municipal Bond Credit Report: S&P Global Ratings downgraded Pennsylvania’s general obligation debt one notch to A-plus on Wednesday as state officials struggle to close a $2.3 billion budget gap, the…
Municipal Bond Credit Report: Standard and Poor’s, which had already downgraded Hartford’s debt to junk bond status, dropped the capital city’s rating another four notches Thursday, a week after the…
Municipal Bond Credit Report: The impact of two major hurricanes in one month will be felt nationwide and should play a role in Congressional debates over immigration, infrastructure and other…
Municipal Bond Credit Report: Moody’s Investors Service has downgraded the City of Hartford, CT’s general obligation debt rating to Caa1 from B2. The rating is under review for possible downgrade.…
Municipal Bond Credit Report: The state has not had a budget since July 1 and the governor has released a budget proposal this morning that includes raising the sales tax…
Municipal Bond Credit Report: school funding bill passed by the Illinois General Assembly on Tuesday would help prop up the $9.8 billion Chicago Public School Teachers’ Pension & Retirement Fund…
Municipal Bond Credit Report: Moody’s Investors Service has upgraded the enhanced ratings of 58 North Dakota school districts from Aa3 to Aa2… Link to Story
Municipal Bond Credit Report: Fitch Ratings believes the short-term fiscal impact of Hurricane Harvey on public entities in affected areas of Texas and Louisiana will largely be mitigated by their…
Municipal Bond Credit Report: A Kentucky school district wants bondholders to focus on its fiscal strengths amid a pension crisis that spurred the downgrade of an important state credit enhancement…
Municipal Bond Credit Report: In an unprecedented ruling, an appellate court declared the city of Harvey so severely neglected its firefighters’ pension fund that it was on the verge of…
Municipal Bond Credit Report: Puerto Rico’s federal oversight board on Monday sued Governor Ricardo Rossello, saying he has no authority to reject planned employee furloughs and pension cuts the board…
Municipal Bond Credit Report: Chicago’s Board of Education approved on Monday a $5.7 billion budget that depends on a school funding reform package still being hammered out in Springfield —…
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