Author: Geoff Weitzel
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Municipal Bond Credit Report: Judge lets a Missouri county walk away from bond pledge
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A Missouri judge agreed with Platte County that it’s not on the hook to repay $32 million of defaulted industrial development bonds despite the county’s pledge to annually appropriate the funds needed to cover debt repayment… Link to Story
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Municipal Bond Credit Report: California schools’ budget windfall may provide only temporary relief
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A state budget boost for California public schools may only offer districts temporary relief, Fitch Ratings said in a report last week… Link to Story
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Municipal Bond Credit Report: Atlantic City expansion boosts Stockton University rating outlook
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Stockton University’s ability to meet enrollment targets at its new Atlantic City satellite campus positioned the New Jersey public college for an upgrade… Link to Story
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Municipal Bond Credit Report: Census counts are a high-stakes game for states
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: California has spent by far the most of any state to achieve an accurate population count in the 2020 U.S. Census. Some fear even that will not be enough… Link to Story
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Municipal Bond Credit Report: Cuts to California rail may signal trouble for federally funded infrastructure
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Trump administration’s latest action against California’s high-speed rail project may have a chilling effect on other federally funded multi-year projects… Link to Story
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Municipal Bond Credit Report: Muni market awaits action as Lightfoot takes reins in Chicago
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Chicago’s new mayor and her finance team have officially begun their deep dive into the city’s books as they confront the city’s deep fiscal woes… Link to Story
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Municipal Bond Credit Report: Revenue structures shelter port ratings from tariff tit-for-tat
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Increased tariffs sparked by the U.S.-China trade dispute may result in decreased traffic at the largest U.S. container ports, but their revenue structures protect them in the short-to-medium term… Link to Story
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Municipal Bond Credit Report: City in Michigan returns to bond market after state-assisted turnaround
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Allen Park, Michigan, officials say its first foray into the bond market after exiting state oversight two years ago was a success… Link to Story
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Municipal Bond Credit Report: Puerto Rico board postpones pension cuts
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Puerto Rico Oversight Board has postponed by a year a planned cut to the central pension plan… Link to Story
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Municipal Bond Credit Report: Steady flow of state aid stabilizes Illinois public universities
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A handful of Illinois public universities got their first dose of good rating news in a long time this week as they work to recover from the two-year state budget impasse that took at a heavy toll on their ratings, balance sheet, reputations, and enrollment… Link to Story