Municipal Bond Credit Report: State conduit plans notes for schools facing California budget deferrals
Municipal Bond Credit Report: The California School Finance Authority plans to price $1.4 billion in short-term notes to help public schools and community colleges bridge state aid shortfalls… Link to…
Municipal Bond Credit Report: Illinois governor won’t seek tax hike as deficit shrinks
Municipal Bond Credit Report: Illinois Gov. J.B. Pritzker won’t ask lawmakers to approve a major tax hike to help close the now $3 billion projected gap in the fiscal 2022…
Municipal Bond Credit Report: Trinity Health dumps unwanted Chicago hospital into Chapter 11
Municipal Bond Credit Report: Michigan-based Trinity Health’s efforts to shed a fiscally struggling Chicago hospital resulted in a Chapter 11 filing for the hospital Wednesday… Link to Story
Municipal Bond Credit Report: Cash-in-Pockets Emerges as New Democratic Approach to Federal Aid in Coronavirus Bill
Municipal Bond Credit Report: Congressional Democrats are using coronavirus relief legislation to advance a vision of federal aid to households that is focused on cash assistance with few restrictions, moving…
Municipal Bond Credit Report: San Diego’s budget challenge: tourism down and pension costs up
Municipal Bond Credit Report: San Diego City Council members are weighing budget cuts and the possibility of spending down reserves in the face of a big revenue miss in the…
Municipal Bond Credit Report: How big transit projects fit in New York City’s recovery
Municipal Bond Credit Report: The opening of the Moynihan Train Hall at Penn Station, a planned Port Authority Bus Terminal replacement eight blocks north, and other looming megaprojects have sparked…
Municipal Bond Credit Report: U.S. Employers Added 49,000 Jobs in January
Municipal Bond Credit Report: U.S. employers resumed hiring in January, but the weak pace of job gains suggested a long road remains for the recovery… Link to Story
Municipal Bond Credit Report: Covid-19’s Hit to State and Local Revenues Is Smaller Than Many Feared
Municipal Bond Credit Report: State and local governments in early 2020 expected the pandemic-induced downturn to decimate their budgets, as millions of business closures and layoffs wiped out tax revenue……
Municipal Bond Credit Report: Texas sales taxes recover, but deep holes remain in some revenues
Municipal Bond Credit Report: Texas sales tax revenue topped $3 billion in January but fell just shy of the total collected one year earlier… Link to Story
Municipal Bond Credit Report: Massachusetts sees wealth exodus
Municipal Bond Credit Report: As Massachusetts lawmakers weigh Gov. Charlie Baker’s $45.6 billion budget proposal, a study shows significant wealth migration to Florida and New Hampshire… Link to Story
