Municipal Bond Credit Report: Chicago Public Schools Freezes Funds
Municipal Bond Credit Report: Chicago Public Schools principals face a narrow window to trim expenses on textbooks and programs after the district announced a $46 million “spending freeze” in its…
Municipal Bond Credit Report: Michigan Says 38 Underperforming Public Schools Could Close
Municipal Bond Credit Report: Michigan announced Friday that it plans to close up to 38 underperforming schools in Detroit and other urban communities… Link to Story
Municipal Bond Credit Report: Private Placement Issuance Surge
Municipal Bond Credit Report: Private placement bond deals helped push volume to record levels in 2016, even as some observers remain concerned about transparency and value in the deals… Link…
Municipal Bond Credit Report: Illinois' Credit Rating Cut
Municipal Bond Credit Report: The state of Illinois was downgraded one notch by FITCH citing lack of action on a new budget… Link to Story
Municipal Bond Credit Report: Fitch Disagrees with Moody's Assessment of Chicago Public Schools
Municipal Bond Credit Report: Fitch Ratings took aim at its credit ratings competitor Moody’s Investors Service in an unusual public notice on Wednesday with a report detailing disagreements over its…
Municipal Bond Credit Report: CALSTERS to Lower its Annual Expected Return Rate to 7 Percent by 2018
Municipal Bond Credit Report: Feb 1 The California State Teachers’ Retirement System (CalSTRS) voted late Wednesday to lower its annual expected return rate from 7.5 percent to 7 percent by…
Municipal Bond Credit Report: Chicago Schools CAFR Warns of "Difficult" Decisions Next Year
Municipal Bond Credit Report: Chicago Public Schools, in its latest financial report, warns of more red ink to come this year and “difficult” decisions next year without additional state help……
Municipal Bond Credit Report: Six Oil Producing States Hit Recession
Municipal Bond Credit Report: America’s economy is looking solid overall these days, but depressed prices for domestic oil production tipped six of the eight biggest oil-pumping states into recession last…
Municipal Bond Credit Report: Chicago Yield Penalties Steepen
Municipal Bond Credit Report: Chicago’s spread penalties in the primary market hit a new peak Thursday (Jan 19, 2017) when it priced a $1.2 billion general obligation sale…. Link to…
Municipal Bond Credit Report: State Must Devise Special Hartford Rescue (Op-Ed)
Municipal Bond Credit Report: In his state of the state address Jan. 4, Gov. Dannel P. Malloy sketched out a plan to “ensure that no Connecticut city or town will…
