Chip Barnett is a journalist with almost 50 years of professional experience. He started his career at the Gannett Newspapers in Westchester County, N.Y., working his way up from back-shop compositor to Senior News Editor. Barnett later worked for Thomson Reuters in Manhattan, covering state and local government finance as a Reporter and later Executive Editor for TM3.com and as Editor in Charge of Municipal Finance for Reuters News. Later, he was the Editor of Municipal Finance Today at SourceMedia. Barnett has also worked for DebtWire/Municipals and has written about commercial real estate in South Florida and the Midwest for both The Real Deal and Globe Street. Barnett is currently a Reporter at The Bond Buyer.
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Outstanding governmental debt totals approximately $719 million and utility debt stands at roughly $200 million, according to Fitch Ratings.
April 19 -
New York’s $220 billion fiscal 2023 budget focuses on environmental and social issues while staying in balance with federal aid and projection-beating revenue.
April 14 -
The state’s personal income tax revenue and sales tax revenue bonds were also lifted from Aa2. Related credits were also upgraded. The rating outlook is stable.
April 13 -
The the $389.495 million of tax-exempts were sold late last month to help fund construction of the Broward County Convention Center Headquarters Hotel.
April 13 -
High gas prices usually have the biggest effect on leisure travel because drivers take fewer or shorter trips, Fitch Ratings says.
April 13 -
Apollo will make an equity and credit investment that will significantly increase SWS’s underwriting capacity for municipal and corporate debt, as well as equity offerings, the firms said.
April 13 -
Using a surplus to build reserve levels was key for the outlook change, the rating agency said.
April 12 -
The budget includes a $600 million commitment from the state to subsidize a new stadium for the National Football League’s Buffalo Bills.
April 8 -
A mostly tax-exempt deal will let the District Department of Transportation to put energy efficient LEDs in its 75,000 streetlights.
April 8 -
Most state departments and authorities would be required to offer a telework program of up to two days a week for one year starting July 1.
April 6
