Ratings

The governor said the lease agreement could provide $200 million up front for the cash-strapped state.

The state Supreme Court ruled that the Kansas school funding system is inadequate.

Honolulu rail project sees positive credit outlook from Moody's

Lawmakers can't agree on how to fund the state budget, while the governor looks for a loan from the state liquor monopoly.

The governor said he would borrow against $1.25 billion in profits from the state liquor system.

Port Aransas, Texas, was placed on watch list for a possible downgrade after sustaining damage from Hurricane Harvey.

The new state budget provides funding certainty, but the universities' struggles will linger.

The rating agency received confirmation from district officials about an investigation by the Santa Clara district attorney’s office.

One city has been placed on credit watch as a clearer picture of the storm's damage emerges.

The state's treasurer, Seth Magaziner, cited the “back to basics” strategy his office undertook about a year ago.

Northwestern was assigned a negative outlook on one of its triple-A ratings.

Keys Energy Services estimates $32 million in damages from Hurricane Irma, and FEMA will cover most of it.

The rating agency cited the backing of the authority's transportation revenue bonds by a gross lien on operating revenues.

Santee Cooper and South Carolina Electric & Gas monetized all but one payment of the $2.17 billion they expected to receive from Toshiba.

The rating agency says Assured Guaranty and Build America Mutual are open to a traditional bond refinancing, not a bond restructuring or a haircut.

Fitch Ratings said it has withdrawn its ratings for the United States Virgin Islands and the USVI Public Finance Authority.

Luke Bronin called the latest multiple-notch downgrades no surprise.

The city says for now it has all the capital market access it needs.

The spending plan still relies heavily on sales tax growth, according to S&P Global Ratings.

CFO Jack Wetzler said analysts’ emails were accidentally overlooked, prompting the negative rating action.