Municipal Bond Credit Report: Moody’s upgrades Chicago Public Schools; investment grade a notch away
Municipal Bond Credit Report: The Chicago Board of Education on Wednesday saw its issuer rating and debt ratings from Moody’s Investors Service upgraded a notch, to Ba1 from Ba2 —…
Municipal Bond Credit Report: N.C. treasurer seeks pension clarity after a health system exits
Municipal Bond Credit Report: If North Carolina state lawmakers want to dismantle the state’s defined benefit pension system for teachers and public employees, they should declare their intention and debate…
Municipal Bond Credit Report: DeSantis vows to ‘stay the course’ as Florida’s economy remains strong
Municipal Bond Credit Report: “The state of our state is strong. Let’s keep doing what works. Let’s continue to make Florida the envy of the nation,” Florida Gov. Ron DeSantis…
Municipal Bond Credit Report: Fiscal woes land Washington school districts under rare state oversight
Municipal Bond Credit Report: The fiscal struggles of three public school districts in northwest Washington state have landed them under enhanced state oversight… Link to Story
Municipal Bond Credit Report: Default seen likely for operator of senior centers in Michigan and Ohio
Municipal Bond Credit Report: Bonds used to buy eight senior living properties in Michigan and Ohio are likely to default within six months, S&P Global Ratings said… Link to Story
Municipal Bond Credit Report: Some Michigan schools get debt reprieve from state
Municipal Bond Credit Report: The state of Michigan is paying down the debts of six local school districts – two of which have closed or merged with neighboring districts –…
Municipal Bond Credit Report: Illinois improves net position but sees pension liabilities rise
Municipal Bond Credit Report: Illinois saw an uptick in its fiscal fortunes in the past fiscal year, one of the few times the state’s net position has improved since that…
Municipal Bond Credit Report: Port Authority’s New York-area airports set passenger record in November
Municipal Bond Credit Report: The Port Authority of New York and New Jersey’s airports saw their busiest November on record, the agency said Wednesday… Link to Story
Municipal Bond Credit Report: California deficit underscores state’s revenue volatility
Municipal Bond Credit Report: News of the $68 billion budget deficit projected for California in fiscal years 2022-23 and 2023-24 raised alarm bells. But several state budget watchers say longer-term…
Municipal Bond Credit Report: Chicago’s new casino falling short of tax revenue projections
Municipal Bond Credit Report: When casino developers were clamoring to run Chicago’s first casino, then-Mayor Lori Lightfoot’s administration all but promised a windfall. City leaders predicted a “material improvement to…
