Author: Geoff Weitzel
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Municipal Bond Credit Report: North Carolina’s tax cut path leads to projected deficits
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: North Carolina faces a more than 10% annual budget deficit in about three years but analysts differ on the significance of the threat… Link to Story
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Municipal Bond Credit Report: GDPNow – Latest estimate: -2.4 percent — April 09, 2025
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is -2.4 percent on April 9, up from -2.8 percent on April 3… Link to Story
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Municipal Bond Credit Report: New York’s overdue state budget will have major out-year gaps
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The New York state government has once again missed its April 1 budget deadline. Based on the budget proposals from the governor, Senate and Assembly, the watchdog group Citizens Budget Commission has some concerns… Link to Story
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Municipal Bond Credit Report: Big Southwest cities chase fixes to ease financial woes
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Armed with the results of an efficiency study, Houston Mayor John Whitmire is taking steps to reduce the city’s workforce ahead of the fiscal 2026 budget, which faces an ongoing structural deficit, as well as shrinking reserves that led to negative bond rating outlooks… Link to Story
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Municipal Bond Credit Report: Withdrawn budget vote leaves Chicago and its schools in limbo
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Chicago Public Schools ended the week no closer than it started to answering the question of how or if a scheduled pension payment will be made… Link to Story
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Municipal Bond Credit Report: North Carolina governor, treasurer argue over funding for retirement system
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: North Carolina’s governor and treasurer, both newly elected, argued over whether the governor’s budget was fully funding the state’s retirement system… Link to Story
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Municipal Bond Credit Report: Reconsideration sought for South Carolina sewer bond ruling
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A judge should reconsider a decision allowing a South Carolina county to use countywide taxes to finance a sewer project that only serves a portion of the county. That’s what opponents of the general obligation bond-funded sewer project argue in a legal motion… Link to Story
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Municipal Bond Credit Report: Southeast vulnerable to trade war, tariff fallout
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Southeast is exposed to any trade war stemming from the high tariffs President Trump is chaotically implementing against major trading partners of the U.S… Link to Story
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Municipal Bond Credit Report: Maryland searches for budget solutions amid federal turmoil
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Maryland lawmakers are pulling multiple strings while looking for the answer to fill a $3 billion hole in the state budget, including a controversial 2.5% business to business tax on services that has traction in both legislative houses while also generating skepticism… Link to Story
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Municipal Bond Credit Report: GDPNow – Latest estimate: -2.4 percent — March 06, 2025
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is -2.4 percent on March 6, up from -2.8 percent on March 3… Link to Story