Ratings

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.

Municipalities object to a report by Gov. Dannel Malloy's budget office that defends the level of state aid.

The state passed a law to strengthen its school credit enhancement program, bringing Moody's upgrades to 58 school districts.

The Scott County School District obtained an underlying rating instead of relying on the state’s recently downgraded enhancement program.

The short-term fiscal impact of Hurricane Harvey on public entities in Texas and Louisiana will be mitigated by their financial flexibility and support from federal and state governments and private insurance policies, Fitch Ratings said.

The exit from insurance will halt losses the health provider's losses, said Moody's Investors Service.

Narrowing liquidity and elevated liabilities led to the one-notch downgrade and a negative outlook.

A full assessment of Hurricane Harvey's impact to municipal credits remains weeks away as Houston and southeast Texas continue battling high waters.

S&P Global Ratings said it has revised its outlook on the state of New Jersey to stable from negative.

Illinois is putting the ratings of some already strained school districts at risk, said S&P Global Ratings.

The Indiana land-grant university is buying out Kaplan, a for-profit distance learning enterprise.

East Jefferson General Hospital’s bonds were downgraded to B3 from Ba3 by Moody's Investors Service.