Municipal Bond Credit Report: Connecticut Budget Seeking to Shift $407 Million In Teacher Pension Costs to Towns
Municipal Bond Credit Report: As part of his budget package, the Connecticut governor today a plans to shift $407-million in teacher pension expenses from the state, onto cities and towns……
Municipal Bond Credit Report: ABI – January Total Bankruptcy Filings Up 5 Percent from 2016
Municipal Bond Credit Report: ABI: January Total Bankruptcy Filings Up 5 Percent from 2016, First Consecutive Monthly Year-over-Year Increase Since 2010… Link to Story
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…
