Ratings

Milwaukee's change in its assumed investment rate of return will eventually lead to higher contribution levels, a credit positive, Moody's says

The county contends that a state law dissolving the Miami-Dade County Expressway Authority violates its home rule authority.

Two rating agencies affirmed Bridgeview, Illinois, at junk after the Chicago Fire agreed to pay the village to escape its stadium lease.

Growing reserves spurred a two-notch Moody's upgrade for Burlington — another milestone in the city’s fiscal turnaround from a failed municipal-owned broadband.

Facing Gov. Mike Dunleavy's 40% cut in state funding, the regents passed a measure allowing it to lay off tenured professors and close campuses.

The two suburban affordable housing portfolios are owned by the Ohio-based Better Housing Foundation.

A judge ruled the Miami-Dade County Expressway Authority can still write checks even though it was abolished in a bill signed July 3 by Gov. Ron DeSantis.

The new budget draws down fund balances for new spending and tax relief but improving reserves and fully funded pensions cushion the state's ratings.

The Long Island township is emerging from the cloud of SEC scrutiny.

Fitch Ratings cut Vermont's general obligation bonds to AA-plus, citing slower growth prospects driven by an aging population that isn't growing.

Persistent enrollment declines at Daemen College led Fitch Ratings to assign a negative outlook to the western New York school.

The tax hike should provide new recurring revenue that restores structural balance after years of weak reserve levels, according to S&P Global Ratings.

Moody's Investors Service revised the outlook on its A2 rating for Yonkers, New York, to negative from stable.

A progressive income tax may not boost the state's near-junk rating unless revenue is used to address the pension problem.

Cook County, Illinois president says new taxes or fees are on table to close the shortfall.

Strong government support fueled a two-notch upgrade for the Washington D.C.’s mass transit system despite drops in ridership.

S&P upgraded the city's Lambert International Airport ahead of the sale that was the subject of a tussle between city leaders.

The new Chicago mayor traveled to New York City this week for a series of "meet-and-greets" with political and financial players.

Citing new uncertainties surrounding revenue credits, Moody's downgraded the Illinois State Toll Highway Authority ahead of a $300 million deal.

Nearly $300 million of municipal debt sold 12 years ago to expand Central New York's Destiny USA shopping mall were dropped to junk-level Ba2 by Moody's Investors Service.