Municipal Bond Credit Report: S&P slashes Chicago suburb’s GO rating over default event on unrated bonds
Municipal Bond Credit Report: Bolingbrook, Illinois, was downgraded seven notches by S&P Global Ratings, which cited the Chicago suburb’s unwillingness to cover shortages on unrated sales tax revenue bonds as…
Municipal Bond Credit Report: Illinois reverses decade-long fiscal tide in interim 2022 audit
Municipal Bond Credit Report: Illinois chipped away at its long-term obligations in fiscal 2022 with healthy tax revenue growth and federal funds allowing the state to halt a decade long…
Municipal Bond Credit Report: Judge confirms bankruptcy exit plan for former Texas senior living operator
Municipal Bond Credit Report: The former operator of three Dallas-area senior living communities received federal court approval Monday for its bankruptcy liquidation plan, which will leave bondholders impaired… Link to…
Municipal Bond Credit Report: Unemployment Falls to 3.4%, Lowest in 53 Years, Jobs Report Shows
Municipal Bond Credit Report: The U.S. economy accelerated at the start of the year as broad-based January hiring added a robust 517,000 jobs and pushed the unemployment rate to a…
Municipal Bond Credit Report: South Carolina county bonds to fund private water utility buyout
Municipal Bond Credit Report: York County, South Carolina, priced $24.6 million of revenue bonds Wednesday to recoup costs incurred by the county to take over of a private water utility…
Municipal Bond Credit Report: Miami-Dade County, city expect bright economic future
Municipal Bond Credit Report: The city of Miami and the county of Miami-Dade continue to rebound from the pandemic with unprecedented economic growth coupled with record low unemployment rates… Link…
Municipal Bond Credit Report: Public power opponents get anti-debt measure on Maine ballot
Municipal Bond Credit Report: Voters in Maine will face dueling referendums in November after a proposal requiring voter approval for large government debt expenditures garnered enough petition signatures to put…
Municipal Bond Credit Report: Moody’s upgrades non-ad valorem debt of 41 Florida issuers
Municipal Bond Credit Report: Moody’s Investors Service has upgraded the non-ad valorem debt of 41 Florida issuers. This action concludes a review that was initiated on November 3, 2022 in…
Municipal Bond Credit Report: Legacy Cares falls into payment default on Arizona sports park bonds
Municipal Bond Credit Report: The nonprofit developer of a massive participant sports venue in Arizona missed its January bond payment — by a mile… Link to Story
Municipal Bond Credit Report: Bond-funded suburban Chicago hotel pays some overdue interest
Municipal Bond Credit Report: A suburban Chicago hotel and conference center working to get back on track from COVID-19-induced operating struggles made a partial payment on overdue interest owed to…
