Tag: Municipal Bond Credit
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Municipal Bond Credit Report: Finger-pointing on California’s late CAFR as investors shrug
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The late release of California’s financial statements and a related spat between two offices responsible for it haven’t risen to become a point of concern among municipal market investors and analysts… Link to Story
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Municipal Bond Credit Report: Illinois gets a rating outlook reward from Fitch
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Illinois got rare good rating news Wednesday when Fitch Ratings revised its outlook to stable from negative after an April tax windfall that set the table for an improved fiscal 2019 and 2020 budget picture and pushed rating threats to the backburner, at least for now… Link to Story
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Municipal Bond Credit Report: Proposed wheel tax for Waverly, Hickman, rural residents would pay for county roads, bridges
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The residents of Waverly, Hickman and rural Lancaster County, Neb., would join Lincoln drivers in paying an annual wheel tax to fund county road and bridge improvements under a newly unveiled proposal… Link to Story
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Municipal Bond Credit Report: San Antonio schools bond in fight to reverse enrollment losses
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Facing falling enrollment and aggressive competition from charter schools, San Antonio Independent School District is applying its $450 million bond program to improve its competitive posture, officials say… Link to Story
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Municipal Bond Credit Report: Judge rules south Florida’s toll road agency can proceed with lawsuit
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Miami-Dade County Expressway Authority can legally proceed with a lawsuit challenging a state law that dissolved the toll road agency, according to a ruling by a Florida judge… Link to Story
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Municipal Bond Credit Report: Milwaukee pension change a good step, Moody’s says
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Milwaukee’s move to lower its assumed rate of investment return on its pension system received an endorsement from Moody’s Investors Service… Link to Story
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Municipal Bond Credit Report: Tax case ruling may have ‘significant impact’ on Philadelphia schools
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A court ruling against Philadelphia requiring a nearly $50 million payment to major commercial property owners threatens recent strides attained by the city’s cash-strapped school district… Link to Story
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Municipal Bond Credit Report: Healthcare merger drumbeat continues in Midwest
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Earlier this month, Michigan-based Beaumont Health and Ohio-based Summa Health announced plans to develop a strategic partnership. In June, South Dakota-based Sanford Health announced signed a letter of intent with Iowa-based UnityPoint to form an integrated health system… Link to Story
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Municipal Bond Credit Report: California’s bond-financed wildfire fund will absorb utility liabilities
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: California Gov. Gavin Newsom signed wildfire legislation Friday that extends a utility bill surcharge to back a new set of Department of Water Resources bonds… Link to Story
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Municipal Bond Credit Report: Oyster Bay, N.Y., gets a positive outlook after SEC settlement
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A New York township that has been under the cloud of SEC scrutiny got a bump in its rating outlook… Link to Story