Municipal Bond Credit Report: Junk-rated New Jersey university to merge with another state school
Municipal Bond Credit Report: A financially stressed state university in Jersey City is poised to merge with a larger New Jersey state school after persistent budget shortfalls made its future…
Municipal Bond Credit Report: Illinois’ 2023 ACFR may become latest ever filed by state
Municipal Bond Credit Report: Illinois’ Annual Comprehensive Financial Report for fiscal year 2023 is threatening to break California’s record for latest audit, having recently passed 600 days since that fiscal…
Municipal Bond Credit Report: Defaulted Florida mine project put into receivership
Municipal Bond Credit Report: A Florida mining project that defaulted on its municipal bonds was put into receivership. The United States District Court for the Middle District of Florida appointed…
Municipal Bond Credit Report: Residents of bankrupt N.Y. senior home face big losses in private equity deal
Municipal Bond Credit Report: Residents owed $130 million after their senior living community went bankrupt are poised to suffer big losses but won’t be left empty-handed under a sale agreement…
Municipal Bond Credit Report: Texas school finances strained by stagnant state funding
Municipal Bond Credit Report: Stagnant state funding and rising costs are reducing budget flexibility for Texas school districts, according to a report released this week by Moody’s Ratings… Link to…
Municipal Bond Credit Report: Dysfunction cited as state government takes over a Texas school district
Municipal Bond Credit Report: The Texas Education Agency replaced the entire leadership of the South San Antonio Independent School District… Link to Story
Municipal Bond Credit Report: Home Sales Fell 4.9% in January, Extending Slump in Housing Market
Municipal Bond Credit Report: Sales of existing homes fell in January, starting the year on a down note after two consecutive years of extremely sluggish sales… Link to Story
Municipal Bond Credit Report: Defaulting Alabama hospital starts bankruptcy
Municipal Bond Credit Report: The Jackson Hospital and Clinic of Montgomery, Alabama, has entered Chapter 11 bankruptcy, affecting $61 million of bond debt it defaulted on in September… Link to…
Municipal Bond Credit Report: Bondholders outweigh elderly residents in Long Island CCRC bankruptcy
Municipal Bond Credit Report: Terie Gelberg has lived at the Harborside, a retirement community on Long Island’s North Shore, for almost two decades. It was supposed to be the last…
Municipal Bond Credit Report: Impacts of hurricanes Helene, Milton linger in Southeast
Municipal Bond Credit Report: The recovery of Florida, North Carolina, and Tennessee local governments and utilities from hurricanes Helene and Milton continues but the outlook for next season and beyond…
