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 —…
Municipal Bond Credit Report: After Hurricane Harvey’s floodwaters subside and the emergency crews leave, credit analysts will assess the damage to tax bases after the storm inundated Houston and most…
Municipal Bond Credit Report: In the years since the Great Recession, state and local governments have increasingly borrowed money directly from banks instead of issuing public bonds. The loans, they…
Municipal Bond Credit Report: SCE&G withdrew plans Tuesday to charge ratepayers billions of dollars more for a nuclear expansion project the company does not intend to complete… Link to Story
Municipal Bond Credit Report:Cook County, Ill. hits the market Thursday with $165 million of its high-grade sales tax-backed paper… Link to Story
Municipal Bond Credit Report: Two central Florida community development districts contend their residents used “sophistry” in trying to persuade a judge not to approve the district’s bonds, attorneys said in…
Municipal Bond Credit Report: Chicago Public Schools on Friday unveiled a $5.7 billion operating budget “framework” for the coming school year that relies on well over a quarter-billion dollars in…
Municipal Bond Credit Report: Lack of a new education funding formula prevented Illinois on Thursday from sending hundreds of millions of dollars to 852 public school districts, punching a hole…
Municipal Bond Credit Report: Gov. Henry McMaster and Santee Cooper say they have companies considering buying all or part of the state-run power utility that could help restart a $9…
Municipal Bond Credit Report: Two of Texas’ largest cities are sizing up $2.5 billion of bond proposals for the November ballot… Link to Story
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