Municipal Bond Credit Report: Muni outflows may create challenges
Municipal Bond Credit Report: Mutual fund outflows may pose an increasing challenge in the municipal market as the year winds down. With Federal Reserve policy makers expected to raise interest…
Municipal Bond Credit Report: Medicaid measures lead nationwide ballot parade
Municipal Bond Credit Report: Voters in three states Tuesday approved ballot initiatives to expand Medicaid coverage while anti-tax measures prevailed in two Southeast states.The measures were among dozens around the…
Municipal Bond Credit Report: S&P explains itself on divergent Chicago and Illinois sales tax ratings
Municipal Bond Credit Report: CHICAGO – It’s all about the underlying structural features of the bonds. That’s what S&P Global Ratings says in a report explaining why Illinois’ sales-tax backed…
Municipal Bond Credit Report: After residents’ furor, Florida CDD bond deal is withdrawn
Municipal Bond Credit Report: A Florida developer formally terminated a controversial agreement to sell pools, parks and other amenities in the central Florida retirement community of Solivita, just days before…
Municipal Bond Credit Report: Reserves and liquidity boost Hempstead, N.Y., rating
Municipal Bond Credit Report: Growing reserves and liquidity gave America’s most populous township its second rating upgrade in less than five months…. Link to Story
Municipal Bond Credit Report: New York official asks IRS to withdraw SALT regulations
Municipal Bond Credit Report: WASHINGTON – A New York county executive urged the Internal Revenue Service Monday to drop its proposal to restrict workarounds of the $10,000 cap on the…
Municipal Bond Credit Report: Pension buyouts for Illinois budget remain in flux
Municipal Bond Credit Report: CHICAGO – Illinois’ budget assumptions of $400 million in fiscal 2019 savings from pension buyouts remain uncertain as the state’s largest fund is preparing to launch…
Municipal Bond Credit Report: Fiscal progress drives Atlantic City bond rating upgrade
Municipal Bond Credit Report: Continued upward fiscal momentum gave Atlantic City its second multi-notch upgrade in a two-week stretch…. Link to Story
Municipal Bond Credit Report: Court won’t reconsider appeal in Jefferson County bankruptcy case
Municipal Bond Credit Report: A federal appellate court said Wednesday that it will not rehear an appeal in Jefferson County, Alabama’s bankruptcy case…. Link to Story
Municipal Bond Credit Report: Washington charter school ruling negative for its school districts
Municipal Bond Credit Report: A Supreme Court ruling in Washington State upholding lottery funding for charter schools is credit negative for traditional school districts, according to Moody’s Investors Service…. Link…
