Municipal Bond Credit Report: Fed Rethinks Loophole That Masked Losses on SVB’s Securities
Municipal Bond Credit Report: The Federal Reserve is actively considering closing a loophole that allows some midsize banks to effectively mask losses on securities they hold, a contributing factor in…
Municipal Bond Credit Report: Late audited government financials problem grows worse
Municipal Bond Credit Report: The median time the municipal sector took to produce audited comprehensive financial statements worsened by 13%, jumping to 166 days in 2021, compared to 147 days…
Municipal Bond Credit Report: DeSantis’ duel with Disney reignites as Florida lawmakers near ESG vote
Municipal Bond Credit Report: As Florida lawmakers prepare to banish the letters ESG from their municipal bond lexicon, the once simmering feud between Gov. Ron DeSantis and the Walt Disney…
Municipal Bond Credit Report: Florida Senate bill amendment targets Disney developer agreement
Municipal Bond Credit Report: Reedy Creek Improvement District is the 39-square-mile governing jurisdiction and special taxing district created in 1968 for Walt Disney World Resort’s land that acts with the…
Municipal Bond Credit Report: New Jersey gets its third credit ratings upgrade within a week
Municipal Bond Credit Report: They say the third time’s a charm — and that must be true in the Garden State, where for the third time in less than a…
Municipal Bond Credit Report: Chicago tweaks to water and sewer bonds draw upgrade
Municipal Bond Credit Report: Chicago’s revisions to its water and wastewater credit features drew an upgrade as the city prepares a nearly $1billion sale of water and wastewater revenue bonds…
Municipal Bond Credit Report: Illinois’ rating upswing gives state’s public universities a boost
Municipal Bond Credit Report: Illinois’ positive rating momentum and near-term budgetary commitment to raising higher education funding helped lift the University of Illinois’ and Illinois State University’s ratings… Link to…
Municipal Bond Credit Report: Fed Keeps May Interest-Rate Increase on Table Despite Expected Recession
Municipal Bond Credit Report: Stubbornly high inflation and tight labor markets led Federal Reserve officials to signal they could raise interest rates at their next meeting despite a greater likelihood…
Municipal Bond Credit Report: Disney outmaneuvers DeSantis in clash over theme park special district
Municipal Bond Credit Report: Walt Disney Co. pushed through changes limiting the powers of the municipal authority that governs its Florida theme parks ahead of a controversial takeover by representatives…
Municipal Bond Credit Report: New York State looks likely to miss April budget deadline again this year
Municipal Bond Credit Report: New York State lawmakers look likely to miss the deadline to have a new budget in place before the start of the state’s fiscal year on…
