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Casino tax legislation is “credit positive” for the city, Moody's said; Fitch downgraded ratings for Chicago water, sewer and school district revenue bonds.
July 20
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The bond-financed Chicago-area hotel and conference center remains shuttered as a result of the coronavirus health crisis.
July 16
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S&P moved Michigan's outlook to negative this week. Fitch recently affirmed the state's stable outlook.
July 15
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Illinois paper is trading at tighter spreads than it did amid the original coronavirus surge, though they remain much higher than in February.
July 14
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Moody's Investors Service and S&P moved their outlook the Detroit-based university's ratings to negative as the Michigan state school prepares to sell bonds.
July 13
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Rolette County affirmed its commitment to make a July jail lease payment as Moody's reviews the impact of the temporary jail closure on the county's books.
July 8
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Chicago is eyeing its second GO refinancing of the year, with savings expected to help chip away at the 2020 coronavirus-driven budget hole.
July 7
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The Bi-State Development Agency, which manages St. Louis public transit, took a two-notch downgrade from S&P Global Ratings over the pandemic's impacts.
July 2
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The deficits for the next two fiscal years remain unaddressed.
June 30
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Already stung by a 2020 revenue hit of nearly $300 million this year, Cook County sees more budget pain related to the pandemic ahead
June 26
