Municipal Bond Credit Report: Moody’s downgrades fiscally troubled La Marque, Texas
Municipal Bond Credit Report: Financial woes in La Marque, Texas, led to a two-notch downgrade of its issuer rating from Moody’s Ratings to A3 from A1… Link to Story
Municipal Bond Credit Report: Shutdown could mean delays, funding cuts for small, rural airports
Municipal Bond Credit Report: Transportation Secretary Sean Duffy Monday warned that the government shutdown may lead to delayed or canceled flights, and said the funding for the Essential Air Service…
Municipal Bond Credit Report: Oklahoma utility taps reserve for debt service payment
Municipal Bond Credit Report: Another Oklahoma utility tapped a reserve fund to help make a debt service payment for bonds sold in 2022 to finance extraordinary costs incurred during 2021’s…
Municipal Bond Credit Report: Municipal finance impact of Baby Boomers’ aging will accelerate
Municipal Bond Credit Report: The aging of the Baby Boom generation will test municipal finances in a variety of ways. The generation, defined by the U.S. Census Bureau as comprising…
Municipal Bond Credit Report: GDPNow – Latest estimate: 3.8 percent — October 01, 2025
Municipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 3.8 percent on October 1, down from…
Municipal Bond Credit Report: Bankruptcy threat continues to haunt New Jersey school district
Municipal Bond Credit Report: After the school board threatened to declare bankruptcy, New Jersey adopted a budget on its behalf in early July. S&P lowered the district’s rating by two…
Municipal Bond Credit Report: Flagler College ratings may be withdrawn for missing info
Municipal Bond Credit Report: S&P Global Ratings placed the issuer credit and revenue bond ratings for Flagler College, Florida, on CreditWatch Negative Friday and said it may withdraw the BBB-plus…
Municipal Bond Credit Report: Pennsylvania budget impasse leaves schools without state funding
Municipal Bond Credit Report: Pennsylvania’s legislature failed to pass a budget by its June 30 deadline. It has failed to pass one since. The impasse, which is approaching three months,…
Municipal Bond Credit Report: Troubled Virginia hotel project in default
Municipal Bond Credit Report: The rocky restoration of a hotel in downtown Alexandria, Virginia is battling financial headwinds in the form of a default on senior level bond payments… Link…
Municipal Bond Credit Report: Florida projects deficit as soon as fiscal 2027-28
Municipal Bond Credit Report: A Florida official is warning of growing state deficits starting in fiscal 2027-28 unless the legislature and governor take actions… Link to Story
