Municipal Bond Credit Report: Chicago Public Schools principals face a narrow window to trim expenses on textbooks and programs after the district announced a $46 million “spending freeze” in its…
Municipal Bond Credit Report: Michigan announced Friday that it plans to close up to 38 underperforming schools in Detroit and other urban communities… Link to Story
Municipal Bond Credit Report: Private placement bond deals helped push volume to record levels in 2016, even as some observers remain concerned about transparency and value in the deals… Link…
Municipal Bond Credit Report: The state of Illinois was downgraded one notch by FITCH citing lack of action on a new budget… Link to Story
Municipal Bond Credit Report: Fitch Ratings took aim at its credit ratings competitor Moody’s Investors Service in an unusual public notice on Wednesday with a report detailing disagreements over its…
Municipal Bond Credit Report: Feb 1 The California State Teachers’ Retirement System (CalSTRS) voted late Wednesday to lower its annual expected return rate from 7.5 percent to 7 percent by…
Municipal Bond Credit Report: Chicago Public Schools, in its latest financial report, warns of more red ink to come this year and “difficult” decisions next year without additional state help……
Municipal Bond Credit Report: America’s economy is looking solid overall these days, but depressed prices for domestic oil production tipped six of the eight biggest oil-pumping states into recession last…
Municipal Bond Credit Report: Chicago’s spread penalties in the primary market hit a new peak Thursday (Jan 19, 2017) when it priced a $1.2 billion general obligation sale…. Link to…
Municipal Bond Credit Report: In his state of the state address Jan. 4, Gov. Dannel P. Malloy sketched out a plan to “ensure that no Connecticut city or town will…
Municipal Bond Credit Report: It was a year of disappointing investment returns from 11 local government pension funds in Illinois, according to the latest annual report from a state government…
Municipal Bond Credit Report: Financial guarantor Assured Guaranty Corp. (AGC), a subsidiary of Assured Guaranty Ltd. (together with its subsidiaries, Assured Guaranty)(AGO), has requested that Moody’s Investors Service, Inc. (Moody’s)…
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