Ratings

Firefighters are waging battle against an estimated 7,000 fires of varying sizes throughout the state; nearly 1.5 million acres have burned.

State economists project Florida will lose $5.4 billion of general revenues over the next two years, partly from reduced sales and lack of tourism.

Gilt-edged Georgia boosted the amount of its borrowing this year to support the state's economy amid the COVID-19 pandemic, state official say.

Federal Judge Mark Cohen formally closed out the lawsuit between the two utilities and Jacksonville after a term sheet was posted settling the litigation.

The coronavirus is adding to strains bearing down on the city that serves as home to Southern Illinois University's flagship campus.

Ahead of the state's $1.2 billion sale next week, S&P revised its outlook on the AAA rated state to negative

The rating agency affirmed the U.S. at AAA but said the outlook cut reflects ongoing deterioration in U.S. public finances.

Mayor Bill Peduto warned of significant cuts to next year's budget if the city does not receive adequate rescue assistance.

Fitch Ratings cut Pioneers Memorial Healthcare District in Imperial County to BB from BBB-minus.

Fitch downgraded the Ohio-based system to BBB-minus, leaving its rating at the lowest investment grade, matching ProMedica's Moody's rating.

Casino tax legislation is “credit positive” for the city, Moody's said; Fitch downgraded ratings for Chicago water, sewer and school district revenue bonds.

Hamden received its second hit from the rating agencies in four days when Fitch lowered the town's general obligation bonds to BBB.

The Bi-State Development Agency, which manages St. Louis public transit, took a two-notch downgrade from S&P Global Ratings over the pandemic's impacts.

The state's flagship university returns to the market after S&P Global Ratings improved its rating outlook and Moody's Investors Service lowered it.

The city's utility enterprise received rating boosts ahead of a $318 million revenue bond deal that will price after this week's general obligation deal.

The shutdown of struggling Destiny USA due to COVID-19 could prompt more gambles from the property owner, a local expert says.

S&P moved its outlook on St. Louis' rating to negative due to the budgetary pressures posed by the pandemic

S&P cut its outlook on Berwyn, Illinois, GO and securitization bonds to negative over risks posed by the pandemic-induced economic shutdown and recession.

The suit contends Aaron Zahn defrauded the Jacksonville municipal utility while trying to privatize it; eight high-ranking employees were suspended this week.

Lawmakers have until June 15 to adopt a budget. Democratic leaders in the legislature have not embraced Gov. Gavin Newsom's proposed cuts.