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…
Municipal Bond Credit Report: Prices Fell in November for the First Time Since 2020. Inflation Is Approaching Fed Target.
Municipal Bond Credit Report: The Federal Reserve is winning its fight over inflation, boosting Americans’ spirits and offering greater reassurance that the U.S. economy can avoid a recession while bringing…
Municipal Bond Credit Report: University of Arizona’s budget woes trigger move for increased oversight
Municipal Bond Credit Report: Fiscal problems at the University of Arizona have led to belt tightening, the resignation of its chief financial officer, and a move to increase financial oversight…
Municipal Bond Credit Report: After almost 16 years, New Castle, Pennsylvania, exits from Act 47
Municipal Bond Credit Report: New Castle, Pennsylvania, has exited from distressed status under the state’s Municipalities Financial Recovery Program, also known as Act 47, the Department of Community and Economic…
Municipal Bond Credit Report: GDP Latest estimate: 2.6 percent
Municipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2023 is 2.6 percent on December 14, up from…
Municipal Bond Credit Report: Movin’ out: New York State residents hit the road during the COVID years
Municipal Bond Credit Report: While Billy Joel wrote those lyrics for Miami 2017 way back in 1975 as New York City sat on a mountain of debt and was nearing…
Municipal Bond Credit Report: Yet another private college in New York is closing
Municipal Bond Credit Report: Another private college in New York is shutting its doors after struggling financially and said it won’t make further interest payments to investors on its municipal…
