Ratings

Moody's boost at Aa1 means lower borrowing costs, additional savings and a more diverse market for the city's bonds, according to Melanie Hartzog.

J.B. Pritzker will defend his fiscal 2020 budget and pension proposals as well as his gamble on waiting for voters to approve graduated income tax rates.

The upgrade Friday came as city Comptroller Scott Stinger warned about the use of numerous one-time actions to balance the budget.

Moody's Investors Service lowered the Philadelphia-based university to Baa1.

The next mayor will be under pressure on pension funding, labor contracts and economics, S&P Global Ratings said.

The state's BBB Fitch rating is at risk of a downgrade if lawmakers adopt Gov. J.B. Pritzker's proposed fiscal 2020 budget.

Mounting deficits cost Valley Stream, N.Y. its investment grade rating.

Escalating deficits and dwindling reserves triggered a downgrade nine months after the city's liquidity crisis.

Fitch downgraded many of the district’s bonds to BBB-plus, but those it views as having pledged special revenues stay AAA.

S&P Global Ratings said that the integration of Martin Health System into the Cleveland Clinic will allow greater operating efficiencies.