Ratings

With a general obligation bond deal in the works, Illinois can tout Moody's upgrade to A1 of the state's issuer, GO and Build Illinois sales tax bond ratings.

Rating agencies say they don't expect federal plans for the drought-plagued river to spark near-term credit concerns, but they may develop over the longer term.

The city remains triple-A across the board despite's S&P's negative outlook as it prepares to sell $269 million of general obligation bonds.

The ratings agency cited strong financial metrics and affordable utility rates.

Tens of thousands of acres have burned in central Oregon and in the Spokane region of eastern Washington.

Budgets for Houston, Austin, Dallas, and Fort Worth come amid credit quality improvements and calls from Gov. Greg Abbott to rein in local government spending.

Box Elder School District's general obligation rating was cut to A1 from Aa2 ahead of a certificates of participation sale this week.

Oregon's largest city plans to issue $585.6 million in revenue bond debt to finance upgrades its Bull Run water filtration facility.

The latest Moody's downgrades to the district's general obligation and lease obligation debt affect $847 million of outstanding bonds.

The outlook revision to negative from stable for the system's revenue bond ratings was spurred by expense-increasing moves in the fiscal 2027 budget.

Moody's Ratings and Fitch Ratings both lifted their rating outlooks to positive on the San Francisco Unified School District.

NYC's final budget did enough for KBRA to bring its rating outlook on New York City back up to stable.

Beneficial rainfall allowed the Texas city to move its timeline for a projected water supply emergency to September 2028 from the same month in 2027.

Pennsylvania fuel consumption has been gradually declining, Fitch analysts wrote, straining the security for the turnpike's oil franchise tax revenue bonds.

Cook County, Illinois, will return to market next week with $119.5 million of Series 2026 fixed rate, tax-exempt sales tax revenue bonds.

The city's issuer rating was raised a notch to Aaa and ratings for other debt, including for its water and wastewater utility system, were also upgraded.

Local governments will face "greater credit pressure" if voters largely eliminate property taxes on more than half of homes in the state, S&P analysts said.

S&P lifted Graham's general obligation bond and certificates of obligation rating to A from BBB due to the city's earlier-than-projected financial turnaround.

Moody's Ratings has announced a credit rating downgrade to A2 from A1 for AU, due to operating pressure which comes on the heels of a 4% tuition hike earlier this spring.

The rating agency cited improving financial metrics and the port's importance to the regional economy.