Rich Saskal is a managing editor of The Bond Buyer. Since joining the publication in 2003, he has also worked as a reporter and as its Far West bureau chief. He has a master's degree in journalism from the University of Colorado and a bachelor's degree from the University of Virginia.
-
The upgrade is driven by realized and expected improvement in the state's financial metrics, the rating agency said.
October 23 -
Citing a "meaningful improvement in the state's balance sheet," S&P Global Ratings Monday upgraded New Jersey to A-plus from A.
August 11 -
The port, which operates Seattle-Tacoma International Airport, received a Moody's Ratings upgrade ahead of a $761 million revenue bond deal slated for next week.
July 28 -
A growing rainy-day fund helped Alaska win a Moody's Ratings upgrade, bringing the state's issuer and general obligation bond ratings to Aa2 from Aa3.
June 18 -
After the University of Idaho canceled plans to buy the for-profit online University of Phoenix, Moody's Ratings removed the school from watch for downgrade.
June 10 -
At a Bond Buyer conference in Atlanta, industry leaders talked about tariff turmoil, the tax-exemption, weather resiliency, infrastructure and more.
May 16 -
The law cuts the individual income tax rate to 3% by calendar year 2030, with triggers that may drive future annual decreases until it ultimately falls to zero.
April 3 -
The New York City Transitional Finance Authority plans to make an impact on the municipal market this month with $1.8 billion of bond sales.
March 4 -
The rating agency cited the state's ample reserves, robust natural resource base and critical role in U.S. strategic interests.
February 26 -
Connecticut's governor proposed a new public finance tool as part of a broad plan to improve the state's resiliency against extreme weather and climate change.
February 5 -
Gov. Kathy Hochul's $252 billion state budget proposal calls for lower-bracket income tax cuts and one-time cash payouts for everyone.
February 3 -
A decline in debt service coverage drove S&P's four-notch downgrade for Salinas, California, sewer revenue debt, which it placed on CreditWatch negative.
December 27 -
A circuit court judge earlier this year struck down the law prohibiting state and local government contracts with firms "boycotting" the fossil fuel industry.
December 10 -
Voters approved at least 168 local school bond measures for $42.8 billion, according to preliminary tallies, but dozens of bond requests will fall short.
November 8 -
State Treasurer Fiona Ma appointed Christina Sarron as executive director of the California Alternative Energy and Advanced Transportation Financing Authority.
October 23 -
In Jim McIntire's two terms as state treasurer, he sought to broaden the retail reach of state bond sales and advocated a lower state debt limit.
October 11 -
Joan Stern, a legend in public finance law in Philadelphia and Pennsylvania, is a member of The Bond Buyer's 2024 Muni Hall of Fame class.
September 4 -
The measure would have requested $20 billion of bond authority from voters in nine San Francisco-area counties; backers said they would try in a later year.
August 19 -
A $345 million taxable bond deal will support the public-private partnership arrangement that will upgrade the College Park campus district energy system.
June 7 -
An off year from municipal bond issuers in the Northeast in 2023 pulled the national volume numbers into negative territory.
February 26
Load More