Municipal Bond Credit Report: California gets its second upgrade in two months
Municipal Bond Credit Report: The California received further evidence in a ratings upgrade that it has recovered from the bad old days of a decade ago when the state was…
Municipal Bond Credit Report: Cook County, Illinois, offers up painless budget
Municipal Bond Credit Report: The Cook County Board President Toni Preckwinkle unveiled a $6.2 billion 2020 easy-to-swallow budget that closes a minor gap without any new taxes and fully funds…
Municipal Bond Credit Report: FHA debt paydowns spur Moody’s boost for New York-Presbyterian
Municipal Bond Credit Report: The A significant reduction of Federal Housing Administration insured debt landed New York-Presbyterian Hospital a bond upgrade ahead of a planned $500 million taxable sale… Link…
Municipal Bond Credit Report: Why Illinois’ rating stability remains fragile
Municipal Bond Credit Report: The Illinois’ rating stability remains fragile due to spending and economic strains on the horizon, S&P Global Ratings’ lead Illinois analyst Carol Spain warned in a…
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…
