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Municipal Bond Credit Report: Puerto Rico’s governor unveiled a budget Wednesday that prioritizes pension payments for tens of thousands of retired government workers who depend on a public pension system…

Municipal Bond Credit Report: Two downgrades Thursday brought Illinois closer to becoming the first state with a junk bond rating… Link to Story

Municipal Bond Credit Report: The monetary problems plaguing the state of Illinois (not to mention its public pensions) have been widely documented here over the past few years, and today…

Municipal Bond Credit Report: Gov. Greg Abbott on Wednesday signed into law the bill aimed at saving the troubled Dallas Police and Fire Pension System from insolvency… Link to Story

Municipal Bond Credit Report: The city of Detroit ended the 2016 fiscal year with a $63 million surplus, marking its second consecutive balanced budget out of bankruptcy, an achievement officials…

Municipal Bond Credit Report: Wayne County, Michigan won back one of its investment grade ratings, positive news the county hopes to parlay into reduced costs to complete its jail project……

Municipal Bond Credit Report: Key assumptions underpinning Kentucky’s pension system propelled a meteoric rise in unfunded obligations that led some analysts to call it the worst-funded state retirement plan in…

Municipal Bond Credit Report: Bankruptcy is the “worst” option to cure junk-rated Chicago Public Schools’ fiscal ills, schools chief Forrest Claypool said Tuesday… Link to Story

Municipal Bond Credit Report: The federal board overseeing Puerto Rico’s financial rehabilitation is enlarging the U.S. territory’s court-supervised bankruptcy, placing its nearly depleted pension system and its transportation agency under…

Municipal Bond Credit Report: Under fire for authorizing a “payday loan,” Mayor Rahm Emanuel on Friday defended his plan to let the Chicago Public Schools borrow $389 million secured by…

Municipal Bond Credit Report: In another sign of Connecticut’s wobbly finances, a Wall Street bond rating agency has downgraded the state’s bond rating for the third time in less than…

Municipal Bond Credit Report: Public power agencies in Georgia and South Carolina with stakes in uncompleted nuclear plants face new warnings about rising costs and potential rating downgrades amid the…