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S&P Drops Connecticut GO Debt Rating to ‘A’ from ‘A-plus’
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S&P: Aging Subway System Puts Pressure On New York City And State To Find New Funding For The Metropolitan Transportation Authority.
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Climate Change Nuisance Suit to Remain in Federal Court.
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Candidates Avoid Talk About Illinois’ Pension Problem.
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Fitch: Chicago O’Hare Airport Inks New Airline Agreement.
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Fitch Places Two CO Charter School Ratings on Watch Positive with Criteria Change.
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Las Vegas Sets Bond Sale for the New Raiders’ Stadium.
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It’s So Bad in Illinois Its Bonds Pay Like a Reviled Jersey Mall.
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Stunned Investors Reap 95% Gains on Defaulted Puerto Rico Bonds.
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Scandal-Plagued Chicago Suburb Sues Over Pension Crisis.
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Puerto Rico Lawsuit Opens Door to Fiscal Plan Talks – Bond Insurers
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Puerto Rico Forecasts $6 Billion Surplus As Bonds Soar.
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Connecticut Reduces Size of Bond Deal by 15 Percent to $526 Million.
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Fitch: N.J. Exec Budget; New Revenue & Spending; Legacy Costs Remain Driver.
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Puerto Rico Bondholders Finally See a Big Win.
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New Jersey to Refund Junk Tobacco Bonds for $3.2 billion of High-Grade Paper.
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Ratings Downgrade: New York’s MTA Debt is Getting Riskier.
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Connecticut Borrows at Higher Price as Credit Woes Weigh.
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Puerto Rico Bondholders Finally See a Big Win.
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Illinois Candidates Vie to Lead State With Nation’s Worst Credit Rating.
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Baltimore to Use New Form of Financing for Green Infrastructure Projects to fight water pollution.
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Fitch: Florida Underscores State Commitment to Toll Projects.
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Fitch: N.J. Exec Budget; New Revenue & Spending; Legacy Costs Remain Driver.
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New School in Brandon to be Built Using Public Funds, Not P3 model.
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Fitch: Florida Ballot Measure to Limit Tax Increases Could Reduce Future Flexibility.
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Fitch: West Virginia Employee Wage Dispute Highlights Fiscal Pressures.
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Michigan Reveals Post-Detroit Pension Woes.
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Connecticut Won’t Default on Pension Bonds, Budget Director Says.
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Kansas Lawmakers Giving STAR Bonds, Economic Incentives, A Hard Look.
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Long-Awaited Decision Sets New Jersey Methodology for Municipal Affordable Housing Obligations.
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New Jersey in Trouble: Is Phil Murphy Their Savior.
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Commentary: How Pension Costs Clobbered One Small California City.
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How Santa Cruz is Going Under, Like Many California Cities.
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Murphy’s Promises Meet Budget Reality as New Jersey Pension Hole Looms.
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S&P: Pension Assumption Delay Makes Near-Term New Jersey Budgets More Manageable, But Doesn’t Address Long-Term Pension Issue.
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Puerto Rico Could Cut Spending to the Bone – and Still Never Recover.
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Why Puerto Rico Is Proving to Be 2018’s Top Bond Investment.
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U.S. Stands Ready to Extend Loans to Puerto Rico, Mnuchin Says.
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Fitch: West Virginia Employee Wage Dispute Highlights Fiscal Pressures.
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Fitch: Los Angeles’ FY 2018 Operational Deficit Remains Solvable, But Challenges Continue.
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Fitch: WV Strike Shows Janus May Have Little Impact on US Locals.
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S&P: Pension Assumption Delay Makes Near-Term New Jersey Budgets More Manageable, But Doesn’t Address Long-Term Pension Issue.
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Michigan’s Oversight of Troubled Cities Waning.
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Fitch Affirms Chicago, IL IDR and GO Bonds at ‘BBB-‘; Outlook Stable.
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Fitch: New York State PIT Bonds Unlikely to be Affected by Proposed State Tax Changes.
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Houston, Los Angeles Set to Sell Airport Bonds Next Week.
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City Of Cambridge Sells Over $800,000 In Mini-Bonds In One Day.
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CITIGROUP Drove Puerto Rico Into Debt. Now it Will Profit From Privatization on the Island.
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Best’s Briefing: Worst-Case Scenario on Puerto Rico Power Utility Debt Likely Still Within Insurers’ Risk Appetites.
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Detroit Mayor Proposes ‘Last’ Budget Under State Oversight.
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Missouri Hospital Becomes Second Municipal Bankruptcy of 2018.
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S&P: Pension Pressures Are Likely To Weigh On Illinois Municipal Credit Quality.
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Berkeley’s Plan to Make Its Own Cryptocurrency Raises Eyebrows.
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S&P: Illinois Embarks On A Fiscal High-Wire Act In New Budget Proposal.
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Pittsburgh is Back from Near Bankruptcy.
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California Cities’ Pension Bills May Rise With Calpers Move.
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Fitch: IL Governor’s Budget Proposal Relies on Significant Cost Shifts.
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Fitch: CalPERS Funding Change Means More Pressure for California Local Governments.
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Puerto Rico’s Creditors Unite To Call For A Credible, Pro-Growth Fiscal Plan.
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Creditors Cry Foul on Puerto Rico’s Latest Fiscal Plan.
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Puerto Rico Bonds Stage Record Rally as Surplus Projected.
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Gov. Dannel Malloy Offers Plan To Ease Connecticut Tax Burden.
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Fitch: PA Budget Proposal Would Close Gap; Prospects Uncertain.
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State of California Launches New Bond Investor Platform Powered by BondLink.
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S&P: Former Kansas Governor’s Final Budget Proposal Shows Both Structural Imbalance And Revenue Growth
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S&P: Can Texas Local Governments Afford Their Pension Obligations?
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S&P: Everything’s Bigger In Texas, Including Potential Pressure To Fund Pension Benefits.
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Illinois’ Lousy Credit Rating: It’s Contagious.
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Detroit City Council Approves $55 Million Bond Repurchase Plan.
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Column: Proposed $107 Billion Bond Isn’t the Cure for Illinois’ Public Pension Crisis.
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Illinois’s Magic Pension Trick.
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Survey: Mayors View Climate Change as Pressing Urban Issue.
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Fitch: Governor Brown’s Final Budget Proposal Points to Sustainable Path for California.
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Hawaii Gives Bond Buyers Something Else to Fret About: Missiles.
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Illinois Bond Spread Hits Six-Month High Over Political Discord.
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Hope, Fear as Puerto Rico Moves to Privatize Power Company.
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Puerto Rico Bondholders, Undeterred by Plan, Await Day in Court.
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For Sale: One Bankrupt, Hated, Hurricane-Ravaged Power Utility.
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Kroll Bond Rating Agency Affirms Assured Guaranty Municipal’s AA+ Financial Strength Rating with Stable Outlook.
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Calif. Cities Should Look to this S.F. Affordable Housing Finance Model.
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Fitch: California Pension Ruling Highlights Reform Obstacles.
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S&P: California’s Governor Brown, In Final Budget Proposal, Seeks To Preserve Fiscal Gains.
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Chicago To Go To Market Next Week With Smaller Bond Sale.
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Report: Other Cities Not Likely to Follow Hartford’s Financial Path.
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Moody’s Raises Newark’s Credit Outlook To Positive.
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KBRA Assigns a Long-Term Rating of AA with a Stable Outlook to TBTA’s General Revenue Bonds, Series 2018A.
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KBRA Assigns Rating of AA+/Stable Outlook to Connecticut’s Special Tax Obligation Bonds Transportation Infrastructure Purposes.
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Moody’s Raises Newark’s Credit Outlook To Positive.
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Fitch: Diverse Economy Buoys Puget Sound Local Governments.
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Florida’s Population Boom Helps Fuel Demand for Dirt Bonds.
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California’s Brown Backs Fiscal Restraint Cheered by Wall Street.
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California’s Brown Raises Prospect of Pension Cuts in Downturn.
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S&P: Indiana, New York, Virginia State Aid Intercept Program-Based Local Government Ratings Withdrawn On Misapplied Criteria.
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S&P: List Of Current Credit Ratings Affected By Withdrawal Of Indiana, Virginia, And New York State Credit Enhancement Programs.
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S&P: Assessing Local Governments’ Use Of New York State’s Pension Smoothing Program.
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S&P: New Jersey And Local Governments Face Numerous Issues In 2018, Including Increased Pension Contributions And Tax Reform.
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KBRA Affirms the Long-Term Rating of A+ with a Stable Outlook on the Township of Bethel Sewer Authority, Township of Bethel, PA
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KBRA Assigns Rating of AA+/Stable Outlook to Connecticut’s Special Tax Obligation Bonds Transportation Infrastructure Purposes.
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KBRA Assigns AA+ Rating with Stable Outlook to the MTA TRBs Series 2018A-1 & 2018A-2 and K1+ Rating to Transportation Revenue BANs Series 2018A.
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KBRA Revises Ratings on the New York State Housing Finance Agency 160 Madison Housing Revenue Bonds.
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Eckert Seamans Hires Municipal Bond Pros From Dissolving Rhoads & Sinon.
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S&P: Many Rocky Mountain Water And Wastewater Utilities With Strong Credit Profiles Face Growth-Related Infrastructure Needs.
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S&P: Texas MUD Sector Stability Is Buoyed By Strong Economic Growth And Finances
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Fitch: Other Connecticut Cities Not Likely to Follow Hartford’s Path.
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Fitch: Expiration of Public Safety Arbitration Cap Could Pressure New Jersey Local Finances.
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Puerto Rico Bond Buyers Wait for ‘Teens’ Price Before Jumping In.
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Months After Federal Warnings About Russian Software, Local Governments Respond.
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KBRA Affirms the Long-Term Rating of A- with a Stable Outlook on Borough of Upland, PA
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KBRA Upgrades the Borough of Lansdowne Pennsylvania’s G.O. Debt to A+ with a Stable Outlook.
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KBRA Affirms State of New Jersey General Obligation Bonds Rating of A and Stable Outlook.
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KBRA Assigns AA+ Rating with a Stable Outlook to the State of Wisconsin’s G.O. Refunding Bonds of 2017, Series 3.
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Oakland’s Municipal Workers Go On Strike.
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Fitch: Minnesota’s Unresolved Political Dispute Clouds Next Legislative Session.
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Georgetown Settles on Ratio for Repaying Revenue Bonds for Utility Projects.
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Puerto Rico Still Waits for $4.9 Billion From U.S. Treasury.
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KBRA Releases Report for the City of Chicago Second Lien Water Revenue Refunding Bonds, Series 2017-2.
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Illinois’ $750 mln Bonds Won by BofA with Still Hefty Yields.
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House Tax Bill Threatens New D.C. Affordable Housing Preservation Fund.
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D.C. Establishes $10 million Fund to Preserve Disappearing Affordable Housing.
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KBRA Assigns AA- Rating with a Stable Outlook to PA Turnpike Commission’s MLF-Enhanced Turnpike Sub Sp. Rev Refunding Bonds, Third Series of 2017
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KBRA Assigns A+ Rating with a Stable Outlook to Pennsylvania Turnpike Commission’s Turnpike Sub Rev Refunding Bonds, Third Series of 2017
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KBRA Affirms Long-Term Rating of AA- and Stable Outlook on Columbus Regional Airport Authority’s Airport Revenue Bonds.
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S&P: Ratings On Various Texas Cities That Were Damaged During Hurricane Harvey Remain Unchanged As Cleanup Continues.
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Council Saves Nearly $650,000 by Refunding Municipal Bonds.
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Atlanta Passes Infrastructure Ordinance to Support EV Charging.
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California Agency Aims to Beat the Tax Bill and Allocate Bonds for Affordable Housing.
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Boulder Pauses Talks of Re-Up with JP Morgan Chase, as Environmentalists Call for City-Owned Public Bank.
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KBRA Affirms AA- Rating with a Stable Outlook on MICLA Taxable Lease Revenue Refunding Bonds, Series 2015-A.
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KBRA Assigns AAA Rating with a Stable Outlook on Wisconsin’s Transportation Revenue Refunding Bonds, 2017 Series 2.
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Fitch: Resilient Hawaiian Economy Supports Strong Municipal Credit Strength.
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Puerto Rico Bond-Trading Blitz Could Ease Path From Bankruptcy.
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Puerto Rico May Need to Skip Bond Payments for Five Years.
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Still No Solution To Minnesota’s Budget Impasse, But Credit Quality Is Unaffected So Far.
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S&P Medians And Credit Factors: New Jersey School Districts.
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S&P: Incoming New Jersey Governor’s Decisions Could Have A Significant Impact On Local Governments’ Credit Quality.
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S&P: Despite Currently Stable Credit Quality, New Jersey Municipalities And Counties Face Long-Term Stress.
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Chicago Schools Sell $1 Billion Bonds With Lower Market Penalty.
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Denver Turns to P3s to Manage a Major Function.
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Pimco Says Puerto Rico Bonds Look Better Since Prices Fell.
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Trading in Puerto Rico Debt Is at the Highest Level in Three Years.
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Ads or Free Speech? Court Ponders Signs Blasting a Business.
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Fitch: Philadelphia School District Takeover Presents Risks and Opportunity.
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Fitch: Policy Options Allow Flexibility for Alaska’s Permanent Fund.
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$300 Billion War Beneath the Street: Fighting to Replace America’s Water Pipes
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Wells Fargo Names Stratford Shields Head of Public Finance.
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Miami Gets $200 million to Spend on Sea Rise as Voters Pass Miami Forever Bond.
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KBRA Assigns AA+/Stable Rating on the State of Wisconsin General Obligation Bonds of 2017 Series B
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KBRA Assigns AA/Stable Rating to the TBTA General Revenue Bonds, Subseries 2017C-2
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KBRA Releases Report for City of Waterbury, CT’s General Obligation Debt
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KBRA Releases Reports for Orange County, FL Sales Tax Revenue Bonds & G.O. Rating
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Campaign Asks If St. Louis Area Really Needs 91 Local Governments.
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As Wildfires Raged, Insurers Sent in Private Firefighters to Protect Homes of the Wealthy.
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Prepa Bondholders Ask Court to Intervene in Storm-Recovery Effort.
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Fitch: Kentucky Pension Proposal Will Require Funding Certainty.
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Philadelphia Builds ‘All-In-One’ Property Mapping Tool.
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KBRA Upgrades the City of Waterbury, CT’s General Obligation Debt Rating
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KBRA Assigns AA/Stable to the Triborough Bridge and Tunnel Authority General Revenue Refunding Bonds, Series 2017C
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KBRA Releases Rating Report for Chicago’s Sales Tax Securitization Corporation’s Sales Tax Securitization Bonds Series 2017 A&B
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KBRA Revises Outlook for Board of Ed of Chicago Dedicated Capital Improvement Tax Bonds to Positive from Negative & Assigns BBB to Board Series 2017
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KBRA Revises Outlook for Board of Ed of Chicago Ultd Tax GO Bonds (Dedicated Rev) Series 2016 A&B & Ultd Tax GO Bonds (Dedicated Alt Rev) to Positive
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Connecticut Lawmakers Approve Budget That Rescues Hartford.
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One of Hartford’s Big Bondholders Doesn’t Foresee Default.
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Detroit Leveraging State Gas Tax Hike to Jump-Start Street Repairs.
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Florida NIMBYs Can’t Stop America’s First Private High-Speed Rail.
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Bonds Emerge Unscathed from Devastating California Fires.
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Bond Market’s Dip Didn’t Hit $4.5 Billion Illinois Sale.
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Even Illinois’s CFO Doesn’t Know How Many Bills Are Unpaid.
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Bond Funds Dump Puerto Rico.
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How Hurricane Maria Exposed Puerto Rico’s “Colonial Boom and Bust”
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Creativity in Funding Necessary for Miami-Dade Civil Courthouse P3 Success.
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KBRA Rates Pennsylvania Turnpike Commission Motor License Fund-Enhanced Special Revenue Refunding Bonds, Second Series of 2017
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KBRA Assigns A+/Stable Rating to the Pennsylvania Turnpike Commission Turnpike Subordinate Revenue Bonds
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KBRA Affirms AAA/Stable Rating for East Goshen Municipal Authority (Township of East Goshen, PA)
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Chicago Mayor Unveils ‘Gimmick-Free’ Budget for FY 2018.
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Notable Municipal Bankruptcy Lawyer Talks Shop to Hartford Taxpayers.
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Hartford City Workers Nervous Ahead of Potential Bankruptcy Filing.
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Canceling Puerto Rico Debt ‘Impractical,’ Says Hedge Fund Billionaire Klarman.
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Recruiting Scandal for Louisville Cardinals Imperils Bond Rating.
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WV Voters Approve Road Bond Amendment for $3B Infrastructure Program.
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S&P: Kentucky Releases Pension Reform Framework Ahead Of Special Session To Address Escalating Costs.
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S&P: Chicago’s Securitization Provides Budgetary Relief, But Liabilities Still Loom Large.
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S&P Medians And Credit Factors: Pennsylvania State Local Governments And School Districts.
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KBRA Affirms the Long-Term Rating of AA+ with a Stable Outlook for the City of Indianapolis, IN General Obligation Bonds.
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KBRA Assigns LT Rating of BBB+/Stable Outlook to Harrisburg International Airport, Airport System Revenue Bonds, Series 2017 (AMT)
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KBRA Upgrades Wisconsin’s GO Bonds and Master Lease COPs & Assigns Rating to the State’s GO Refunding Bonds of 2017, Series 2.
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KBRA Assigned LT Rating of AA+/Stable on MTA’s Transportation Revenue Bonds, Subseries 2014D-2 (SIFMA Floating Rate Tender Notes)
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KBRA Affirms the Long-Term Rating of AA/Stable Outlook for Upper Southampton Municipal Authority, Township of Upper Southampton.
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S&P: California Local Government Ratings Currently Unaffected By Fires Ravaging The State; Long-Term Effects Still Unknown.
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California Extends Wells Fargo’s Ban From Bond, Investment Work.
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California Extends Ban on Wells Fargo Business For at Least Another Year.
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Fitch Rates $6 Billion Illinois GOs ‘BBB’; Outlook Negative.
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KBRA Affirms Long-Term Rating of A-/Stable on City of Manchester General Airport Revenue Bonds.
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KBRA Affirms Rating on Casino Reinvestment Development Authority Luxury Tax Revenue Bonds, Series 2014
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KBRA Assigns Short-Term Rating on the MTA Transportation Revenue 2017C BANs.
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KBRA Affirms Rating of AA/ Stable on Chicago Park District G.O. Bonds.
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House Passes Disaster Relief, Puerto Rico Credit Bill.
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There Could Be Good News for Puerto Rico Bondholders.
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How To Wipe Out Puerto Rico’s Debt Without Hurting Bondholders.
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Come On, Bondholders! Give Puerto Rico a Break.
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