Ratings

Its effect would hinge on party control of the General Assembly in 2022, given the open-endedness of the legislation.

Moody's Investors Service lowered the university one notch to Aa2.

The Illinois hospital nonprofit faces a rating cut to junk if merger plans fall apart.

The city's comptroller warned other city leaders that there's a rating toll for supporting special interest projects.

The South Carolina-owned agency’s A1 bond rating could be lowered due to threats from pending legislation and litigation, Moody’s said.

Aid to Hartford, in light of Connecticut’s assumption of city GO debt over 20 years, has become a lightning rod.

Fitch and S&P's affirmation of Milwaukee's double-A ratings comes after Moody's cut the city.

Kurt Forsgren, managing director of S&P, discusses climate change, ESG, infrastructure approaches — especially tolling — and trade policy and what each means for a municipality’s rating. John Hallacy hosts.

S&P Global Ratings lifted Moberly, Missouri, out of speculative grade with a four-notch upgrade.

With competing party-line legislative budgets, a rebuke of both by the governor and a worsening deficit projection, the state is careening toward more fiscal turmoil and further backlash from Wall Street.

Pushing off painful decisions tanked Illinois' ratings while California reaped spread and rating benefits from better choices.

With more than 100 structures closed recently due to potential safety risks, Moody's said the state’s deteriorating infrastructure is credit negative.

New Jersey's third-most-populous city retains a junk Ba1 underling rating, but Moody's boosted its outlook to stable.

S&P Global Ratings still has the district well inside junk-bond territory at a B rating.

Hartford Mayor Luke Bronin struck a guardedly optimistic tone as he released a $567.3 million budget plan.

The launch of the new website came shortly after a second upgrade to investment grade.

The Volunteer State lowered the savings threshold it requires for a refunding.

The rating actions came after the state agreed to assume the city's GO debt.

Fitch said Chicago's modernization plans may not protect O'Hare against rating pressures as debt levels swell.

Illinois lawmakers returned to work this week with less than two months to settle on a budget.