Regions News from Bond Buyer

Philadelphia's economy has been growing. But deep cuts Pennsylvania may impose on the regional public transportion system could have serious negative impacts.

Legacy Health, an eight-hospital Portland, Ore.-based healthcare system, that abandoned merger plans in May received a downgrade and negative outlook from Moody's Ratings.

Treasurer Brad Briner said the unused money was in state accounts for years.

The world's biggest opera house has been downgraded for the second time this year.

The GOP reconciliation bill will cut $888 million in revenue from Oregon, state economists said, because its state tax laws conform with federal law changes.

If the SEC grants exemptive relief to firms seeking to offer a multi-class structure, "we will see more ETFs of actively managed municipal bond strategies."

The rating agency cited increases in enrollment and improved net tuition revenues.

Transit expert and former MTA head "Train Daddy" Andy Byford is in charge of the $7 billion renovation.

A Category 5 hurricane could lead to more than $200 billion in damage, Moody's Analytics said in a report released before the 20th anniversary of Hurricane Katrina.

Paul Chatalas, director of capital markets for the state, said the six series of bonds drew "aggressive bids."

Nevada is the latest public entity to be hit by a cyberattack, with officials struggling to restore services.

Missouri auditor Scott Fitzpatrick released an audit report on St. Louis Public Schools, finding the district will run out of funds in fiscal year 2031.

In a 2-1 vote, county commissioners approved an Oct. 8 competitive general obligation bond sale to keep funding a jail project amid escalating costs.

The Southeast Pennsylvania Transportation Authority implemented drastic cuts and warned that more cuts and fare hikes are on the way without state funding.

Big changes made by the House to a high-priority bill targeting cities and counties were rejected by the Senate, sending the measure to a conference committee.

Two Midwest nonprofit healthcare organizations that have run into financial difficulty this month illustrate the role of Medicare and Medicaid reimbursements.

PREPA bondholders who back the Oversight Board's proposed deal say it will lose their support if not confirmed by Oct. 1.

Virginia Gov. Glenn Youngkin is touting a $4.7 billion reserve fund as he prepares to leave office and possibly seek a presidential run while an academic study predicts headwinds for the state's economy.

Legislation passed in Texas and other Southwest states this year seeks to increase or explore funding sources to finance water supply and infrastructure.

The state authority building the passenger rail project says it has a clear path to "achieving commercial success at the earliest stage."