Municipal Bond Credit Report: New funding boosts Philadelphia School District rating
Municipal Bond Credit Report: The Increased financial pledges from city and state sources triggered a two-notch upgrade for the long-struggling Philadelphia School district to a higher speculative-grade rating ahead of…
Municipal Bond Credit Report: Criteria change leads to downgrade for American Municipal Power bonds
Municipal Bond Credit Report: The A Fitch Ratings criteria change resulted in a one-notch rating hit for about $5 billion of Ohio-based American Municipal Power Inc.’s project revenue bonds… Link…
Municipal Bond Credit Report: California governor signs 22 wildfire-related bills
Municipal Bond Credit Report: The California Gov. Gavin Newsom signed 22 wildfire-related bills Wednesday, several of which increase state oversight of Pacific Gas & Electric and other investor-owned utilities… Link…
Municipal Bond Credit Report: School district woes could spell downgrade for Rochester, N.Y.
Municipal Bond Credit Report: The The budget struggles of Rochester, New York’s school district threaten to derail the city’s fiscal progress… Link to Story
Municipal Bond Credit Report: Port Authority approves capital spending hike as costs soar
Municipal Bond Credit Report: The Higher user fees will pay for a nearly $5 billion increase in the Port Authority of New York and New Jersey’s long-range capital spending plans……
Municipal Bond Credit Report: East St. Louis police fund requests pension intercept
Municipal Bond Credit Report: The The East St. Louis, Illinois, police pension fund has followed their firefighter colleagues in moving to recover contribution shortfalls through the state’s intercept process… Link…
Municipal Bond Credit Report: District’s filing tests Florida’s policy on municipal bankruptcy
Municipal Bond Credit Report: The A Florida community development district’s bankruptcy filing promises to test the state’s unwritten policy of preventing Chapter 9 bankruptcy filings… Link to Story
Municipal Bond Credit Report: Public finance split among cities building pro soccer stadiums
Municipal Bond Credit Report: The Three of six recent Major League Soccer stadium plans rely on public financing to pay for the stadiums backers promised to secure or keep their…
Municipal Bond Credit Report: Pension bonds are staging a comeback in California
Municipal Bond Credit Report: The Low interest rates and the push to reduce pension liabilities have driven an increased interest from California cities in issuing pension obligation bonds.. Link to…
Municipal Bond Credit Report: Chicago and Illinois pension problems underscored in latest reports
Municipal Bond Credit Report: New reports from rating agencies shine unwelcome light on Chicago’s and Illinois’ “outlier” status on pension debts and the growing risks of heat-related climate change on…
