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Cook County, Illinois president says new taxes or fees are on table to close the shortfall.
June 20 -
Strong government support fueled a two-notch upgrade for the Washington D.C.’s mass transit system despite drops in ridership.
June 20 -
S&P upgraded the city's Lambert International Airport ahead of the sale that was the subject of a tussle between city leaders.
June 19 -
The new Chicago mayor traveled to New York City this week for a series of "meet-and-greets" with political and financial players.
June 19 -
Citing new uncertainties surrounding revenue credits, Moody's downgraded the Illinois State Toll Highway Authority ahead of a $300 million deal.
June 18 -
Nearly $300 million of municipal debt sold 12 years ago to expand Central New York's Destiny USA shopping mall were dropped to junk-level Ba2 by Moody's Investors Service.
June 17 -
A trend of selective repudiation in the manner of Platte County would be credit negative for governments using lease appropriation debt, said Moody's.
June 7 -
Financial struggles remain for the San Francisco Bay Area city after two recent upgrades.
June 6 -
The upgrade to $2 billion of outstanding debt brings the county's ratings to the AA-plus level across the board.
June 4 -
Declining passenger volume has put Manchester-Boston Regional Airport at risk of dropping to a near-junk bond rating.
June 4 -
New revenue and fewer one-shot revenue solutions make the fiscal 2020 budget more acceptable to analysts, but dark long-term clouds remain.
June 4 -
Kansas City International Airport is conducting a full-court press to sell the bonds, backed by a pledge tarnished by Platte County's default on appropriation-backed debt.
June 4 -
The United Methodist Retirement Communities' $18 million sale follows a one notch downgrade by Fitch Ratings to BBB.
May 30 -
Stockton University’s ability to meet enrollment targets for its new satellite campus led to a rating outlook boost.
May 28 -
Moody's dropped the central New York county to Aa3 from Aa2.
May 22 -
Allen Park's competitive bond sale came after the city's general obligation rating was raised to A-plus from BBB-plus by S&P Global Ratings.
May 17 -
Incoming CFO Jennie Huang Bennett and budget director Susie Park arrive as the city warns that pension contributions may rise more than previously projected.
May 16 -
Moody's shifted its outlook on six Illinois public universities to stable while upgrading two credits.
May 14 -
Illinois bonds are gaining ground in the secondary, supported by scant supply and recent fiscal developments viewed positively by investors and analysts.
May 14 -
Moody's Investors Service lowered the Miami-Dade County Expressway Authority’s ratings to A2 from A1 in response to state legislation.
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