Municipal Bond Credit Report: Public safety pension funding strains abound for local Illinois communities
Municipal Bond Credit Report: The weak status of most downstate Illinois and suburban Chicago public safety pension funds strain local governments statewide and pose a threat to credit quality, S&P…
Municipal Bond Credit Report: California’s public pension crisis in a nutshell
Municipal Bond Credit Report: The essence of California’s pension crisis was on display last week when the California Public Employees Retirement System made a relatively small change in its amortization…
Municipal Bond Credit Report: Unfunded liabilities on the rise for Chicago area pension funds
Municipal Bond Credit Report: Stronger investment returns in 2016 couldn’t stave off growth in the unfunded liabilities for most of the 11 local government pension funds tracked annually by a…
Municipal Bond Credit Report: How a bungled prosecution will put Nassau County deeper in debt
Municipal Bond Credit Report: Nassau County, N.Y., will issue bonds to partially fund a $46 million court judgment owed to two men who were exonerated for a 1985 murder conviction……
Municipal Bond Credit Report: Indiana distressed schools bill sets up fight over local control
Municipal Bond Credit Report: Legislation to hand control of Muncie, Indiana Community Schools to Ball State University without a timeline for returning the district to local control sparked worries that…
Municipal Bond Credit Report: League of California Cities® Retirement System Sustainability Study and Findings Jan 2018
Municipal Bond Credit Report: California cities will see their general fund contributions to public pensions nearly double over the next seven years, according to a study commissioned by the League…
Municipal Bond Credit Report: Judge’s decision on Puerto Rico special revenue bonds draws fire
Municipal Bond Credit Report: Puerto Rico Title III bankruptcy judge Laura Taylor Swain was wrong in ruling that the island’s special revenue bonds shouldn’t continue to pay in bankruptcy, said…
Municipal Bond Credit Report: Balanced Detroit budget positions city to exit state oversight
Municipal Bond Credit Report: Detroit closed the books on fiscal 2017 with a $53 million surplus, marking its third consecutive year of positive budget results since exiting Chapter 9, according…
Municipal Bond Credit Report: Four years after bust, tables have turned for most energy states
Municipal Bond Credit Report: A steady rise in oil prices is improving the economies of most energy producing states, but for some, fiscal resiliency has become weaker, according to Fitch…
Municipal Bond Credit Report: Why did Connecticut pick Kroll over Moody’s on special-tax deal?
Municipal Bond Credit Report: Connecticut replaced Moody’s Investors Service with Kroll Bond Rating Agency for its planned $800 million sale of special tax obligation bonds, scheduled for Tuesday and Wednesday……
