Ratings

Both the senior and the new second lien of Chicago's Sales Tax Securities Corp. are now rated AA-minus.

The first hard evidence of how this is affecting ratings in the public finance sector came from a downgrade two months ago involving Princeton Community Hospital in West Virginia.

S&P dropped the the nation's second-most-populous county — one of many Illinois governments struggling with retirement plan funding — to A-plus from AA-minus.

The Palmyra-Eagle Area School District says it will run out of operating funds in the next school year.

The New Jersey city received a Moody's Investors Service upgrade to Ba3 from B2 as it enters year four of a five-year state takeover period.

The Lincoln-Way high school district won a Moody's upgrade to Baa2 ahead of a $23 million refinancing deal.

The state's budget and rating momentum may hinge on economic growth, which has not presented a pretty picture.

New state funds mean the authority heads into 2020 with a stronger fiscal hand to manage capital and operating needs for at least the next five years.

Latest local government, pension-related downgrade in Illinois comes as local public safety pension consolidation now underway

Moody’s Investors Service lowered the rating of the private collage in upstate New York to Ba3 from Ba1.

Fitch Ratings revised the outlook on its AA-minus rating to negative from stable.

Moody's downgraded the 417-bed Claremont Properties project to Caa2.

Chicago fared poorly in a Moody's report about the nation's largest cities and Illinois continues to stand out for budget stress and pension liabilities.

Fitch Ratings raised Hawaii to AA-plus from AA.

A steep decline in school district reserves drove a two-notch downgrade and has drawn a subpoena from the Securities and Exchange Commission.

The county's recovery plan improved its structural balance and long-term liability profile, Fitch Ratings said in support of its two-notch rating boost.

Rating agencies affirmed Chicago's GOratings and the first report also out on the new junior lien Sales Tax Securitization Corp. credit.

Chicago Public Schools long climb back to investment grade continues

The Metropolitan Pier and Exposition Authority, restored to investment grade by S&P Global Ratings last year, plans to sell a total of $923 million.

The upgrade reflects the city's improved operating environment and structural financial improvement, the rating agency said.