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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Fitch Ratings revised its outlook on the city's AA-minus rating to positive ahead of a $1.08 billion general obligation bond sale.
May 13 -
The Louisiana House passed a bill to limit firms that "discriminate" against the firearms industry from government business. A similar bill was vetoed last year.
May 11 -
The special district formed for the Walt Disney Company in Florida is to be dissolved under a new state law driven by Gov. Ron DeSantis.
May 10 -
Mayor Jorge Elorza said the reworked bond proposal was better than the larger one put before the state Legislature last year.
May 10 -
“The racial wealth gap is wide and growing and we need innovative policies like Baby Bonds to begin addressing it right away," says Shira Markoff of Prosperity Now.
May 6 -
The recovery is expected to continue this year and into next as the tourism industry looks to surpass 2019’s record-setting year.
May 4 -
The state's Local Government Commission approved more than $1.5 billion in bond and financing agreements, including more than $600 million for the airports.
May 4 -
Michael Rinaldi, head of local government ratings at Fitch, talks with Chip Barnett about the murky financial picture after the move by Gov. Ron DeSantis to dissolve the Reedy Creek Improvement District after Disney Co. said it plans to fight to repeal the new “Don’t Say Gay” law. (12 minutes)
May 3 -
While the outlook revision reflects the view there is a one-in-three chance RCID's credit profile could be positively or negatively impacted, future events remain unclear, said S&P's Christian Richards.
April 29 -
Improving tax revenues allowed the mayor to increase the size of his spending proposal while keeping the budget balanced.
April 29 -
This is the second time S&P Global Ratings placed New Orleans on negative CreditWatch due to long delays in publishing audited financial statements.
April 29 -
The Kentucky Public Transportation Infrastructure Authority wants to sell up to $443.8 million in tax-exempt refunding bonds when market conditions improve.
April 27 -
The legislation proposed by Gov. Charlie Baker includes more than $1.3 billion in capital bond authorizations.
April 22 -
Credits affected include $766 million of outstanding ad valorem tax bonds, rated AA-minus and $79 million of outstanding utilities revenue and refunding bonds, rated A.
April 22 -
Alex Wiggins, CEO of the New Orleans Regional Transit Authority, said it will be looking at a combination of bond authority and public-private partnerships to help pay for transportation infrastructure projects.
April 20 -
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
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