Author: Geoff Weitzel
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Municipal Bond Credit Report: New Indiana law raises questions about local income tax-backed bonds
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A new Indiana law raises questions about the security of local income tax-backed bonds, as it includes a provision that will end local income taxes at the close of each calendar year… Link to Story
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Municipal Bond Credit Report: GDP Now – Latest estimate: 3.4 percent — June 18, 2025
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 3.4 percent on June 18, down from 3.5 percent on June 17… Link to Story
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Municipal Bond Credit Report: Municipal audit times improve, but long-term trends remain slow
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The time it took municipal bond issuers to produce audited financial statements decreased across sectors from fiscal 2022 to fiscal 2023. But the median time to produce an audit is still higher over the long run, according to a new report from Merritt Research Services, an Investortools company, and the University…
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Municipal Bond Credit Report: Proposed federal cuts may hit the Southeast the most
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The GOP’s proposed federal cuts to Medicaid, Supplemental Nutrition Assistance Program, and the Federal Emergency Management Agency may hit the Southeast harder than any other region… Link to Story
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Municipal Bond Credit Report: Ohio’s closed Notre Dame College faces lawsuit after bond default
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The shut-down Notre Dame College in Ohio faces legal action on multiple fronts after defaulting on its bond debt… Link to Story
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Municipal Bond Credit Report: West Virginia waste-to-energy plant defaults on municipal bonds
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A West Virginia waste disposal company has defaulted on bond payments less than two years after borrowing $40 million of unrated bonds to build a plant and just three months after a follow-up $4 million deal… Link to Story
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Municipal Bond Credit Report: Bond-financed New Jersey megamall’s property assessment is cut
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The value of the municipal bond-financed American Dream mega mall and entertainment complex in New Jersey’s Meadowlands plummeted by nearly 25% — a warning sign to bondholders whose debt payments are tied to how much the property is worth… Link to Story
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Municipal Bond Credit Report: Muni Credit News May 26, 2025
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Independent Budget Office (IBO) presented its analysis of the Adams administration’s Fiscal Year 2026 Executive Budget and 2025-2029 Financial Plan, as required by the New York City Charter. It notes that usually during economic downturns, the federal government works to smooth the economic cycle and help state and local governments…
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Municipal Bond Credit Report: GDPNow – Latest estimate: 2.4 percent — May 16, 2025
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.4 percent on May 16, down from 2.5 percent on May 15… Link to Story
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Municipal Bond Credit Report: Florida leaders squabble over what taxes to cut amid projected deficits
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Florida’s Republican leaders are battling with each other over what taxes to cut amid official projections that budget deficits are little more than a year away… Link to Story