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The upgrade "reflects material strengthening of the state's financial resilience and budget management, particularly over the past two biennia," the rating agency said.

Judge Swain grants the mediation team's request for an extension until Sept. 16 and possibly longer.

The decision follows months of turmoil that left the city without an approved budget well into the new fiscal year, said Moody's analyst Douglas Goldmacher.

Outflows from municipal bond mutual funds receded as investors pulled $1.090 billion out of funds in the latest week, versus the $3.416 billion of outflows the prior week, according to Refinitiv Lipper data.

"I think that we've got a good plan in place. We could very well do 75 in September," he said.

A national conference is planned for the spring to bring together states, utilities and the private entities that will own and operate the national EV charging station system.

Richmond issued $154.1 million in pension obligation bonds in a refunding that terminates swaps, ends a county intercept, and extends the final maturity.

Tollway revenue in the first half of 2022 surpassed pre-pandemic 2019 levels in five of the months.

The firms have introduced the Municipal Bond Insights, which assesses climate and community resilience and risk for the public finance sector.

"We need to act now, forthrightly, strongly as we have been doing," Powell said Thursday in remarks at the Cato Institute's monetary policy conference.