Municipal Bond Credit Report: Illinois unfunded pension burden hits new peak of $141 billion
Municipal Bond Credit Report: Illinois piled nearly $4 billion onto its unfunded pension liabilities in fiscal 2020 as statutorily based payments fell well short of actuarial requirements and amid lackluster…
Municipal Bond Credit Report: Illinois stadium agency eyes debt restructuring amid hotel tax collapse
Municipal Bond Credit Report: The Illinois Sports Facilities Authority is sounding alarms over its dismal fiscal picture heading into fiscal 2022 in the absence of a strong economic recovery that…
Municipal Bond Credit Report: Ports fared better than anticipated in 2020 amid pandemic
Municipal Bond Credit Report: The nation’s ports didn’t experience the cratering of traffic anticipated earlier in the year because of the global pandemic, and according to forecasters the next two…
Municipal Bond Credit Report: U.S. Unemployment Claims Rose to 853,000 Last Week
Municipal Bond Credit Report: Worker applications for unemployment benefits rose sharply last week, an indication layoffs remain at a high level nearly nine months into the coronavirus pandemic… Link to…
Municipal Bond Credit Report: California auditor finds significant financial risks in a Los Angeles suburb
Municipal Bond Credit Report: A Los Angeles suburb that pledged its streets as collateral for a pension bond deal is under a new spotlight because of its financial practices.. Link…
Municipal Bond Credit Report: New York City gets negative outlook from S&P
Municipal Bond Credit Report: New York received its latest rating agency hit Tuesday when S&P Global Ratings revised its outlook to negative from stable on the city’s general obligation bonds……
Municipal Bond Credit Report: Tax-exemption reinstated for Minnesota charter school bonds
Municipal Bond Credit Report: The Internal Revenue Service recently reversed an earlier ruling and reinstated the tax-exempt status of $26.1 million in charter school lease revenue bonds for a school…
Municipal Bond Credit Report: Final bankruptcy domino to fall in Better Housing Foundation bond fiasco
Municipal Bond Credit Report: A troubled, bond-financed Chicago-area affordable housing portfolio will this month become the last of five Better Housing Foundation portfolios to file for bankruptcy, setting the stage…
Municipal Bond Credit Report: U.S. Added 245,000 Jobs Last Month as Hiring Slowed
Municipal Bond Credit Report: U.S. job growth slowed sharply in November, suggesting the labor-market recovery is losing steam amid a surge in coronavirus cases and new business restrictions… Link to…
Municipal Bond Credit Report: U.S. Job Openings Slipped in Early December
Municipal Bond Credit Report: The number of job openings in the U.S. edged down slightly in the first week of December, a sign of a softening labor market amid an…
