Ratings

The administrators of the school districts say the short-term loans are needed as they put together long-term fixes.

Continued lack of a budget will mean a spending freeze and further rating agency backlash.

The rating agency cited warnings by Mayor Luke Bronin that Connecticut's capital could go bankrupt in 60 days.

The Cleveland-Cuyahoga County Port Authority missed a September bond payment.

Hurricane Irma is the first test in many years for the bond-funded entities created to ensure Florida residents can obtain property insurance.

Minnesota's high court ordered the negotiations to resolve a funding dispute that's entangled a small piece of debt.

Improved reserve levels helped spur the district's first upgrade in seven years, though it remains speculative grade.

Bankruptcy may be the only way for Hartford to solve its financial problems, said Connecticut's governor, Dannel Malloy.

Municipal utility districts in the Houston area were well stocked with cash before the storm hit, analysts said.

Gov. Tom Wolf has threatened a spending freeze and rating agencies have threatened more downgrades.

Amazon's search for a second headquarters building could be positive for Seattle and chosen city

The capital city has threatened to file bankruptcy in 60 days if it doesn't get sufficient state help.

Mayor Luke Bronin told Gov. Dannel Malloy and lawmakers that Chapter 9 for Connecticut's capital is inevitable if the state cannot pass a budget.

Fitch Ratings said the increased costs to complete reactors at Plant Vogtle drove the downgrades.

S&P Global Ratings cited improved employment and demographic indicators, and projected growth in reserve levels.

Moody's Investors Service says firmed-up state and city funding has stabilized the district's finances, for now.

Zucker previously oversaw debt issuance at the New York State Homes and Community Renewal’s Office of Finance and Development.

Investor-owned utilities are recovering quickly from the storm, the rating agency said.

Kevin Lembo says rating agencies are poised to hammer the state and its cities again.

The signing of Illinois Senate Bill 1947 alleviates the uncertainty for schools created by the multiyear state budget stalemate and recent veto, Standard & Poor’s said.