Ratings

The rating agency calls on the commonwealth to match recurring revenues with expenses.

Assured Guaranty and Build America Mutual presented city and state officials with an alternative to bankruptcy.

The story behind a state’s rainy day fund should be weighed heavily, some municipal analysts said at a recent event.

House Majority Leader Dave Reed blames 'a small group of unknown people' at S&P for the state's downgrade while the Senate rejects a House revenue plan.

Top Republicans say they will meet with Democratic Gov. Dannel Malloy, who vows to veto the GOP-backed budget.

Declining state aid makes districts more reliant on local taxes to fund operations, said Moody's Investors Service.

Florida’s share of hurricane-related costs will weigh on the state as it nears a structural budget imbalance.

S&P Global Ratings cited fiscal shakiness while Gov. Tom Wolf called for an end to the budget impasse.

A tax policy conflict between Minnesota's Democratic governor and Republican lawmakers remains unresolved.

While Mayor Luke Bronin awaits state aid from a fractious government, a bondholder call looms.

Moody's revised the Missouri city's outlook to positive.

S&P Global Ratings said it has lowered its ratings on Virgin Islands Water and Power Authority's (WAPA) senior-lien electric system revenue bonds to CCC-plus from BB-plus.

Gov. Tom Wolf has threatened further cuts without a balanced $32 billion fiscal 2018 budget.

Several Democrats broke with their party to pass a GOP budget that Gov. Dannel Malloy intends to veto.

As the capital city's bonds plunged deeper into junk, Connecticut struggled to pass a state budget.

The state awaits word on how Gov. Tom Wolf will handle the situation as bond rating agencies continue to hover.

A planned overnight short-notice vote failed to materialize amid continued tweaks.

S&P Global Ratings cut its rating on Hartford, Conn.'s general obligation bonds by four notches to B-minus from BB and the rating on the Hartford Stadium Authority's lease revenue bonds by three notches to B-minus from BB-minus, the rating agency said on Thursday.

The authority plans to sell new money and refunding bonds.

The rating agency cautioned that rising pension costs and revenue restraints could pose challenges.