News Feed

Municipal Bond Credit Report: Annual underfunding of Birmingham, Alabama’s pension plan led a second rating agency to downgrade the city’s bonds… Link to Story

Municipal Bond Credit Report: The municipal bond market is expected to receive a boost, albeit an indirect one, from new Internal Revenue Service regulations covering investments in Opportunity Zones… Link…

Municipal Bond Credit Report: Florida lawmakers are poised to dissolve a local road building agency in a bid to reduce tolls in South Florida and to tighten control of future…

Municipal Bond Credit Report: The Internal Revenue Service took no action in a recently concluded audit of $511 million in tax-exempt advance refunding bonds issued in 2014 by the Harris…

Municipal Bond Credit Report: A new legal fight has emerged for South Carolina’s state-owned Santee Cooper utility as it continues to feel repercussions from its failed nuclear power project… Link…

Municipal Bond Credit Report: Two legacy bond insurers have filed motions in support of the Puerto Rico Oversight Board’s effort to declare illegal $6 billion of the commonwealth’s bonds issued…

Municipal Bond Credit Report: Coming off a downgrade by S&P Global Ratings, the University of Connecticut intends to price $240 million in general obligation bonds this week… Link to Story

Municipal Bond Credit Report: Oregon Gov. Kate Brown unveiled a comprehensive plan to shrink school pension costs by diverting some revenue streams and requiring employees to contribute more… Link to…

Municipal Bond Credit Report: Texas lawmakers are considering a historic shift in the source of school funding and a cap on local property taxes as they near the final month…

Municipal Bond Credit Report: Holders of Puerto Rico general obligation and guaranteed debt from before fiscal year 2012 filed a motion Thursday against the legality of Puerto Rico GO and…

Municipal Bond Credit Report: Oregon, California, Indiana and Kansas have all proposed budget legislation this year to provide one-time funding to help alleviate the pension burdens for school districts in…

Municipal Bond Credit Report: Oklahoma State University, where graduate enrollment fell 17% over the past four years as state financial support waned, received a one-notch downgrade from Fitch Ratings to…