Municipal Bond Credit Report: GDP Latest estimate: 2.5 percent — April 04, 2024
Municipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2024 is 2.5 percent on April 4, down from…
Municipal Bond Credit Report: South Carolina has $1.8 billion but doesn’t know where the money came from or where it should go
Municipal Bond Credit Report: South Carolina has collected about $1.8 billion in a bank account over the past decade and state and private accountants are still trying to figure out…
Municipal Bond Credit Report: Can the next generation solve Chicago’s pension crisis?
Municipal Bond Credit Report: There’s a lot more than $10,000 at stake in the University of Chicago Harris School of Public Policy’s 2024 Policy Innovation Challenge, but that’s what the…
Municipal Bond Credit Report: Rating agencies and investors weigh Baltimore bridge collapse
Municipal Bond Credit Report: Investors and credit rating agencies are weighing how much effect the collapse of the Francis Scott Key bridge in Baltimore’s inner harbor will have on the…
Municipal Bond Credit Report: NASRA Issue Brief – Public Pension Plan Investment Return Assumptions
Municipal Bond Credit Report: Because investment earnings account for most of the revenue for a typical public pension fund, the accuracy of the return assumption has a major effect on…
Municipal Bond Credit Report: Late again: California releases tardy audited financials for fifth year running
Municipal Bond Credit Report: The state of California has published its fiscal year 2022 annual comprehensive financial report, marking the fifth year in a row the state’s ACFR has been…
Municipal Bond Credit Report: CalPERS takes stance against tax initiative
Municipal Bond Credit Report: In a majority vote, the California Public Employee Retirement System board came out against a state initiative headed for November’s ballot that would limit the ability…
Municipal Bond Credit Report: Defaults are rising on highly leveraged workforce housing debt
Municipal Bond Credit Report: One tool aimed at helping to solve California’s notorious affordable housing crisis appears to be headed for a crisis of its own. Defaults are rising on…
Municipal Bond Credit Report: Florida’s budget contains $500M for continued paydown of state debt
Municipal Bond Credit Report: The Florida state legislative session ended Friday with lawmakers approving a $117.46 billion budget for fiscal 2024-2025, up 0.8% from the $116.5 billion fiscal 2023-2024 budget……
Municipal Bond Credit Report: Texas places charter school network under conservatorship
Municipal Bond Credit Report: IDEA Public Schools in Texas will operate under state oversight as part of a settlement agreement with the charter school network, which was the target of…
