Ratings

Chicago's departing budget chief says budget gains will help the city resolve its pension problems.

Moody's Investors Service places Mercy Hospital's (IA) Baa2 rating under review for downgrade, affecting approximately $74 million of rated debt.

S&P Global Ratings raised its long-term rating and underlying rating to 'AA+' from 'AA' on Cleveland's limited-tax general obligation (GO) bonds.

Connecticut Gov. Dannel Malloy released a framework to reshape contracts with state employee unions.

Illinois still has time to solve its budget ills, according to Fitch Ratings.

Illinois faces swap terminations and higher floating-rate costs if its ratings sink much further.

Moody's Investors Service has upgraded the St. Louis Art Museum's (MO) (SLAM) Issuer Rating to Aa2, reflecting excellent fiscal management contributing to superior cash flow and reserve growth.

Key Texas lawmakers agreed on a formula to extend the Dallas police and fire pension fund’s life.

Hudson Yards Infrastructure Corp., the developer of a 45 block area on Manhattan's west side, won a two-notch upgrade from S&P Global Ratings.

University of Connecticut bonds are on Moody's review for downgrade.

Bonds for Northern Illinois University student housing were sent to junk over occupancy struggles.

Connecticut's governor and lawmakers are trying to patch a projected $5 billion deficit.

S&P joined Moody's and Fitch in downgrading Connecticut.

S&P Global Ratings has revised the outlook on Nassau County, N.Y.'s general obligation (GO) debt to stable from negative.

S&P Global Ratings says stock market gains will boost California revenues in fiscal 2018.

The Indiana's school bond intercept program's AA-plus rating was affirmed after legislative tweaks.

Illinois and its local governments will all suffer if the state is downgraded again, Nuveen warns.

Hartford, Conn.’s latest downgrade shows Connecticut must help the city avert bankruptcy, said Mayor Luke Bronin.

Connecticut was downgraded to A1 from Aa3 by Moody's Investors Service.

Hartford, Conn. received another downgrade as S&P Global Ratings lowered the city to BBB-minus.