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"The risk of future budgetary pressure is further elevated due to pension contributions falling short of their actuarially determined contribution amounts in each of the past three years and a relatively high level of unfunded pension liabilities," said S&P's Rob Marker.
March 4 -
Prices have fallen for Alabama private activity bonds issued for wood pellet producer Enviva amid the firm's larger struggles.
November 15 -
In partnership with the three-state Southern Rail Commission, Amtrak wants to study a new link connecting Mississippi, Louisiana and Texas.
March 13 -
The Department of Agriculture announced that 64 projects by power cooperatives and utility companies to improve rural power systems were approved for loans.
February 1 -
Low temperatures in Mississippi's capital on Christmas Eve caused pipes to burst across the city. Utility crews are struggling to make repairs.
January 4 -
The former municipal advisor Porter Bingham has been sentenced to four months imprisonment and two years term of supervised release following his fraudulent billing to the city of Rolling Fork, Mississippi in connection with a 2015 bond offering.
October 18 -
Mississippi's largest city is without running water. It has $191 million in outstanding water and sewerage revenue bonds, according to Moody's.
August 31 -
While the report offers many positives for states, headwinds loom, according to investment management firm Conning.
May 19 -
The rating agency also confirmed the city’s Ba2 rating on $191 million of outstanding water and sewer revenue bonds.
December 23 -
Month over month, the municipal market is in a much better position, as heavy demand and flows continue to drive it.
November 18