Utah Transit Authority Brings Its Largest-Ever Deal
Utah Transit Authority is pricing the largest deal in its history with $831.6 million of bonds designed to smooth debt service through the end of this decade.
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Standard & Poor's lowered the outlook on Arizona State University's AA rating based on prospects for increased debt issuance over the next two years, the agency said.  more »
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Wisconsin must close a $283 million gap this year and erase another $648 million more of red ink in following two years to keep its books balanced, according to the latest revenue forecast that will guide the crafting of a new two year spending plan.  more »
Fitch Ratings views favorably two recent developments in San Francisco Community College District's accreditation battle, according to a report released Friday.  more »
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Gov. Dannel Malloy reduced Connecticut's executive branch budget by roughly $25 million, as the state looks to plug a $121 million budget for fiscal 2015.  more »

Contrary to the assertion in a Bond Buyer article that the 2010s may turn out to be the decade of the municipal bankruptcy, it is remarkable how few muni bankruptcies were sought in the wake of the most severe fiscal crisis to hit local governments since the Great Depression.

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