Tag: Municipal Bond Credit
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Municipal Bond Credit Report: Fed’s Powell Seals Expectations of Half-Point Rate Rise in May
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Federal Reserve Chairman Jerome Powell signaled the central bank was likely to raise interest rates by a half percentage point at its meeting next month and indicated similar rate rises could be warranted after that to lower inflation… Link to Story
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Municipal Bond Credit Report: REEDY CREEK – STATEMENT SPECIAL LEGISLATIVE SESSION
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: On April 20, 2022 in a special legislative session called by Governor Ron DeSantis, the Florida Senate passed a bill (S 4C), providing for the dissolution, effective June 1, 2023.. Link to Story
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Municipal Bond Credit Report: Florida Senate Passes Bill to Eliminate Disney’s Special Tax District
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Republican-led Florida Senate passed a bill Wednesday that would eliminate a special tax district that has allowed Walt Disney to govern the land where its theme parks sit, as lawmakers target the company for opposing legislation restricting classroom instruction on gender and sexuality.. Link to Story
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Municipal Bond Credit Report: Gas tax holidays draw rating agency concern, but no rating action
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: While lawmakers in California and other states are still debating the merits of cutting gas taxes amid soaring prices spurred by Russia’s war on Ukraine several East Coast states have already implemented gas tax holidays prompting ratings analysts to weigh in… Link to Story
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Municipal Bond Credit Report: Florida Gov. DeSantis Seeks to End Walt Disney World’s Special Tax District
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Florida Republican Gov. Ron DeSantis escalated his battle with Walt Disney Co. on Tuesday by asking state lawmakers to soon consider ending the special tax district that has allowed the company to effectively govern the land on which its theme parks sit… Link to Story
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Municipal Bond Credit Report: High gas prices may slow gains in toll road leisure traffic
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Rising gasoline prices may curtail the recovery of leisure traffic from the pandemic, which may impact toll road revenues that back some municipal bonds… Link to Story
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Municipal Bond Credit Report: Private university in Oregon upgraded as pandemic-related pressures ease
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Fitch Ratings upgraded debt issued on behalf of the University of Portland in Oregon to A-plus from A, citing the easing of pandemic-related pressures… Link to Story
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Municipal Bond Credit Report: Energy price surge leads Alaska to another rating outlook boost
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Alaska received an improved ratings outlook to stable from negative by Fitch Ratings as surging energy prices bolstered the state’s financial resilience… Link to Story
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Municipal Bond Credit Report: Pennsylvania’s credit outlook raised to positive from stable by Fitch
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Fitch Ratings said it revised Pennsylvania’s outlook to positive from stable based on its recent moves to boost its reserve levels… Link to Story
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Municipal Bond Credit Report: New York State issuer and GO ratings receive Moody’s upgrade to Aa1
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Moody’s Investors Service Wednesday upgraded New York State’s issuer rating and its general obligation, personal income tax revenue and sales tax revenue bonds to Aa1 from Aa2… Link to Story