Municipal Bond Credit Report: The city of Detroit ended the 2016 fiscal year with a $63 million surplus, marking its second consecutive balanced budget out of bankruptcy, an achievement officials…

Municipal Bond Credit Report: Wayne County, Michigan won back one of its investment grade ratings, positive news the county hopes to parlay into reduced costs to complete its jail project……

Municipal Bond Credit Report: Key assumptions underpinning Kentucky’s pension system propelled a meteoric rise in unfunded obligations that led some analysts to call it the worst-funded state retirement plan in…

Municipal Bond Credit Report: Bankruptcy is the “worst” option to cure junk-rated Chicago Public Schools’ fiscal ills, schools chief Forrest Claypool said Tuesday… Link to Story

Municipal Bond Credit Report: The federal board overseeing Puerto Rico’s financial rehabilitation is enlarging the U.S. territory’s court-supervised bankruptcy, placing its nearly depleted pension system and its transportation agency under…

Municipal Bond Credit Report: Under fire for authorizing a “payday loan,” Mayor Rahm Emanuel on Friday defended his plan to let the Chicago Public Schools borrow $389 million secured by…

Municipal Bond Credit Report: In another sign of Connecticut’s wobbly finances, a Wall Street bond rating agency has downgraded the state’s bond rating for the third time in less than…

Municipal Bond Credit Report: Public power agencies in Georgia and South Carolina with stakes in uncompleted nuclear plants face new warnings about rising costs and potential rating downgrades amid the…

Municipal Bond Credit Report: The unfunded obligations of the pension systems sponsored by state and local governments in the United States continue to grow… Link to Story

Municipal Bond Credit Report: Given Connecticut budget uncertainties, S&P Global Ratings has lowered its rating on the city of Hartford’s general obligation bonds to ‘BBB-‘ from ‘BBB’ — just above…