Ratings

The Miami metro area saw the most private-sector job growth among all metro areas in the state in June and year-over-year.

Fitch raised Michigan's general obligation rating one notch to AA-plus.

Genesee County and Flint supported the bonds issued to finance construction of a pipeline with the county ultimately on the hook.

Fitch Ratings said the upgrade reflects the city's improved operating performance due to a robust tax revenue rebound and management's proactive budgetary actions.

S&P raised the outlook to positive for St. Louis Lambert's general credit and Chicago O'Hare's customer facility charge credit.

The Long Island county has scheduled a competitive sale Tuesday for $241 million of Series 2022A tax-exempt general obligation improvement bonds.

Fitch Ratings revised the outlook on Sacramento City Unified School District's BBB-plus issuer default rating to stable from negative.

Rating agencies like Gov. Gavin Newsom's focus on one-time spending, but warn that the Legislature could upset the applecart by creating ongoing programs.

The mammoth Sacramento-based health system experienced ratings downgrades in 2021 under the threat of multiple lawsuits, seismic costs and COVID-19 challenges.

An April COVID hospitalization surge, along with a continuing labor shortage and inflationary and supply chain costs, hurt hospitals' bottom line.