Municipal Bond Credit Report: Hurricane Helene won’t hammer Florida’s CAT fund
Municipal Bond Credit Report: While Hurricane Helene could have short- and long-term impacts on government finances and the economy, observers say Florida’s hurricane catastrophe fund has sufficient funds to cover…
Municipal Bond Credit Report: Colorado metropolitan districts face challenges
Municipal Bond Credit Report: Colorado’s metropolitan districts face constrained revenue growth due to flat or slightly falling property values, but their creditworthiness is likely to remain stable through 2025, according…
Municipal Bond Credit Report: Rising Chicago deficit forecast raises eyebrows in muni market
Municipal Bond Credit Report: Chicago released a budget forecast last week projecting that its corporate fund deficit will grow in upcoming years, jumping to $982.4 million in 2025 from $222.9…
Municipal Bond Credit Report: Fed Cuts Rates by Half Percentage Point
Municipal Bond Credit Report: The Federal Reserve voted to lower interest rates by a half percentage point, opting for a bolder start in making its first reduction since 2020. The…
Municipal Bond Credit Report: Dallas sets public safety pension funding plan amid litigation
Municipal Bond Credit Report: Dallas will contribute $11 billion to its Police and Fire Pension System over 30 years under a plan approved Wednesday by the city council to comply…
Municipal Bond Credit Report: Defaulted hospital names chief restructuring officer
Municipal Bond Credit Report: The Jackson Hospital & Clinic in Montgomery, Alabama, has named a chief restructuring officer in the aftermath of a bond payment default… Link to Story
Municipal Bond Credit Report: GDPNow Latest estimate: 2.1 percent — September 04, 2024
Municipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2024 is 2.1 percent on September 4, up from…
Municipal Bond Credit Report: Rising Chicago deficit forecast raises eyebrows in muni market
Municipal Bond Credit Report: Chicago released a budget forecast last week projecting that its corporate fund deficit will grow in upcoming years, jumping to $982.4 million in 2025 from $222.9…
Municipal Bond Credit Report: New Hampshire case could upend its education funding
Municipal Bond Credit Report: New Hampshire faces questions familiar to many states: whether it’s funding schools enough and whether its method of funding is acceptable… Link to Story
Municipal Bond Credit Report: Small college’s downgrade underscores headwinds facing smaller schools
Municipal Bond Credit Report: Mount Saint Mary College, a small liberal arts school in New York state, saw its bond rating downgraded to BBB from BBB-plus by Fitch Ratings, after…
