Missouri

S&P cut Raytown's appropriation-backed TIF/sales tax bonds four notches

Moody's Investors Service downgraded Platte County after county officials talked about refusing to honor an appropriation pledge.

The Platte County Industrial Development Authority bonds funded upgrades to a suburban shopping center near Kansas City.

Volume was off in eight of the region's 11 states in the wake of tax reform and the end of advance refundings.

The Moody's upgrade comes as the city is exploring a privatization of the Lambert airport.

Banker David Schott has joined Stern Brothers' New York office.

Public finance bond attorneys Rick McConnell and Richard Wood joined the firm's Kansas City, Missouri, office from Gilmore & Bell.

The firm is expanding at its St. Louis headquarters, where it says it wants its sales professionals to be housed.

The city has finalizeda consulting contract with an advisory team for a possible airport lease.

Eric Greitens hands the reins of state government over to his lieutenant governor Friday.