Municipal Bond Credit Report: Florida’s jobless rate falls to 2.8% as its economic recovery continues
Municipal Bond Credit Report: Florida’s unemployment rate dropped to 2.8% in June as the state’s labor force continued to grow, according to the state Department of Economic Opportunity… Link to…
Municipal Bond Credit Report: Cleveland heads into the market on upgrade tailwinds
Municipal Bond Credit Report: Cleveland heads into the market this week with an upgrade helped along by its decision to tap surpluses to bolster reserve levels… Link to Story
Municipal Bond Credit Report: GDPNow Latest estimate: -1.2 percent — July 27, 2022
Municipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2022 is -1.2 percent on July 27… Link to…
Municipal Bond Credit Report: Rural Michigan hospital gets state lifeline as it awaits federal designation change
Municipal Bond Credit Report: Michigan’s new budget package provides an $11 million lifeline that will stave off the looming closure of Sturgis Hospital as it works on a long-term fix…
Municipal Bond Credit Report: Arizona charter school charged by SEC files for bankruptcy
Municipal Bond Credit Report: Prescott Valley, Arizona-based nonprofit charter school operator Park View School filed for bankruptcy protection July 21 following years of financial mismanagement and a federal enforcement action…
Municipal Bond Credit Report: Genesee County, Michigan’s upgrade trickles down to Karegnondi Water Authority
Municipal Bond Credit Report: Genesee County, Michigan, drew an upgrade from Moody’s Investors Service over its healthier reserves, action that also benefits the Karegnondi Water Authority pipeline’s debt as it’s…
Municipal Bond Credit Report: Florida officials highlight strong population, economic growth
Municipal Bond Credit Report: Fresh off a whirlwind of visits to investors and meetings with rating agencies, Florida officials are confident the state’s finances will remain in good shape no…
Municipal Bond Credit Report: Debt service challenges continue for American Dream mall
Municipal Bond Credit Report: After dancing with default on a June municipal bond payment, the owners of American Dream megamall in New Jersey face an Aug. 1 payment on another…
Municipal Bond Credit Report: Tardy Santa Fe audit sparks concerns about state capital funding
Municipal Bond Credit Report: Santa Fe, New Mexico, city officials are fretting that a late fiscal 2021 financial audit could lead the state government to withhold state bond proceeds earmarked…
Municipal Bond Credit Report: Pension liabilities are soaring again as state funds mirror market losses
Municipal Bond Credit Report: The stock market decline of 2022 is projected to push the unfunded liabilities of state-run pension systems to $1.3 trillion for the fiscal year, according to…
