Municipal Bond Credit Report: Pension pressures cited in Kentucky plan to cut 70 state programs
Municipal Bond Credit Report: Under pressure to fund Kentucky’s ailing pensions, Gov. Matt Bevin recommended cutting 70 state programs as part of his biennial budget… Link to Story
Municipal Bond Credit Report: Santee Cooper's biggest customers want a special committee to decide if it should be sold
Municipal Bond Credit Report: Santee Cooper’s biggest customers don’t know whether they want the state-owned utility to be sold, but they agree on this: They want the Legislature to name…
Municipal Bond Credit Report: Illinois public safety pension funds outside Chicago fare no better
Municipal Bond Credit Report: The unfunded liabilities of local government public safety funds outside Chicago nearly doubled over the last decade, eroding funded ratios to below 60%… Link to Story
Municipal Bond Credit Report: Taxes on the table as California locals face higher pension funding requirements
Municipal Bond Credit Report: Some local governments in California, faced with increasing pension funding requirements, may turn to tax increases… Link to Story
Municipal Bond Credit Report: Troubled Georgia nuclear reactors to be finished
Municipal Bond Credit Report: Georgia regulators allowed the private and public power owners of the only nuclear reactors under construction in the United States to complete them… Link to Story
Municipal Bond Credit Report: Florida CDDs seek new bond validation to buy Solivita amenities
Municipal Bond Credit Report: As residents in Florida’s Solivita retirement community appeal a bond validation case, their community development districts asked a new judge to approve the same debt using…
Municipal Bond Credit Report: If economy tanks, Texas pensions at risk
Municipal Bond Credit Report: State pension systems in Texas are unusually vulnerable to an economic downturn. That’s the finding of a recent Moody’s Investors Service report that ranked Texas as…
Municipal Bond Credit Report: Fate of Georgia nuclear reactor project lies with state commission
Municipal Bond Credit Report: Georgia’s Public Service Commission holds the power to decide whether to complete the two nuclear reactors at Plant Vogtle… Link to Story
Municipal Bond Credit Report: Revenue bond rating withdrawn after California hospital district's default
Municipal Bond Credit Report: Fitch Ratings has withdrawn its rating on $13.65 million in revenue bonds issued by bankrupt Tulare Health Care District after it defaulted on its Nov. 1…
Municipal Bond Credit Report: Assured profit falls on hurricane damage in Puerto Rico
Municipal Bond Credit Report: Assured Guaranty Ltd., the largest municipal bond insurer, said its third-quarter profit fell by 57% due to an increase in loss reserves for Puerto Rico hurricane…
