Tag: Municipal Bond Credit
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Municipal Bond Credit Report: House panel votes for 2-year SALT repeal
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Tax-exempt municipal bonds would be more attractive for high-income retail customers under legislation the House Ways and Means Committee approved Wednesday to permanently restore the top individual tax rate to 39.6%… Link to Story
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Municipal Bond Credit Report: Texas and Oklahoma tax revenue goes in different directions amid oil slump
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Texas sales tax revenue for November set a record for any month at $3.18 billion, an increase of 6.2% over the same month last year, state Comptroller Glenn Hegar reported… Link to Story
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Municipal Bond Credit Report: PG&E sees settlement as path to bankruptcy exit
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Pacific Gas & Electric officials say the $13.5 billion settlement agreement it announced last week with victims of several utility-sparked fires will set it on a sustainable path to emerge from bankruptcy in time to participate in California’s wildfire fund… Link to Story
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Municipal Bond Credit Report: Petitioner resurrects effort to void $14.3 billion of Illinois GOs
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The petitioner who sought to challenge the repayment of $14.3 billion of Illinois general obligation bonds has appealed the ruling that threw his case out of court… Link to Story
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Municipal Bond Credit Report: Muni-Bond Ratings Are All Over the Place. Here’s Why.
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Amid fight for market share, ratings companies struggle to judge creditworthiness of financially troubled cities.. Link to Story
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Municipal Bond Credit Report: Transit agency to continue collecting tax repealed by Washington initiative
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Seattle area’s regional transit agency plans to continue collecting vehicle registration taxes that were rescinded by a statewide ballot measure until bonds that use the taxes as a funding source are paid off… Link to Story
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Municipal Bond Credit Report: Wayne County, Michigan, gets another upgrade
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Wayne County, Michigan, received an upgrade from Fitch Ratings, cementing its credit rating two steps higher in investment grade territory… Link to Story
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Municipal Bond Credit Report: Michigan State sheds a negative outlook ahead of deal
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Michigan State University shed a negative rating outlook ahead of a $150 million deal pricing Tuesday to refund bonds sold in 2010… Link to Story
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Municipal Bond Credit Report: Atlantic City gets S&P rating lift to BB-minus and a positive outlook
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Atlantic City has a better junk bond rating following an S&P Global Ratings upgrade Thursday… Link to Story
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Municipal Bond Credit Report: Junk-rated Chicago Public Schools lands another upgrade
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Chicago Public Schools’ credit trajectory remains on the upswing with Moody’s Investors Service the latest to hand the junk-rated district an upgrade… Link to Story