Ratings

Keys Energy Services estimates $32 million in damages from Hurricane Irma, and FEMA will cover most of it.

The rating agency cited the backing of the authority's transportation revenue bonds by a gross lien on operating revenues.

Santee Cooper and South Carolina Electric & Gas monetized all but one payment of the $2.17 billion they expected to receive from Toshiba.

The rating agency says Assured Guaranty and Build America Mutual are open to a traditional bond refinancing, not a bond restructuring or a haircut.

Fitch Ratings said it has withdrawn its ratings for the United States Virgin Islands and the USVI Public Finance Authority.

Luke Bronin called the latest multiple-notch downgrades no surprise.

The city says for now it has all the capital market access it needs.

The spending plan still relies heavily on sales tax growth, according to S&P Global Ratings.

CFO Jack Wetzler said analysts’ emails were accidentally overlooked, prompting the negative rating action.

The rating agency calls on the commonwealth to match recurring revenues with expenses.

Assured Guaranty and Build America Mutual presented city and state officials with an alternative to bankruptcy.

The story behind a state’s rainy day fund should be weighed heavily, some municipal analysts said at a recent event.

House Majority Leader Dave Reed blames 'a small group of unknown people' at S&P for the state's downgrade while the Senate rejects a House revenue plan.

Top Republicans say they will meet with Democratic Gov. Dannel Malloy, who vows to veto the GOP-backed budget.

Declining state aid makes districts more reliant on local taxes to fund operations, said Moody's Investors Service.

Florida’s share of hurricane-related costs will weigh on the state as it nears a structural budget imbalance.

S&P Global Ratings cited fiscal shakiness while Gov. Tom Wolf called for an end to the budget impasse.

A tax policy conflict between Minnesota's Democratic governor and Republican lawmakers remains unresolved.

While Mayor Luke Bronin awaits state aid from a fractious government, a bondholder call looms.

Moody's revised the Missouri city's outlook to positive.