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Moody's said the upgrade reflects continuing strong revenue and liquidity trends, completion of a debt-reduction program and increased pension contributions.
March 2
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The Connecticut treasurer also extolled "baby bonds" as a way to improve “racial equity,” narrow the state's gap between rich and poor, and promote economic growth.
March 2
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Fitch also affirmed the city’s AA-minus general obligation bond and issuer default ratings.
February 25
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Municipal bond issuance in the region was down 11.7% year-over-year in 2021, as new money, refunding, taxable and tax-exempt volume all slipped.
February 25
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A judge has ordered the state to reconsider its rejection of a bid for a $9 billion P3 for new toll lanes, a move that could delay Gov. Larry Hogan’s priority project.
February 24
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Moody's Investors Service said the upgrade reflected the university's robust, sustainable operating margins supported by consistent growth in tuition revenue.
February 23
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Credit strengths include strong market position and service area economic fundamentals and an expected continued strong finance performance.
February 17
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To help the city recover faster, former Lt. Gov. Richard Ravitch has proposed a dedicated state-approved revenue stream to provide additional funding for the transit system.
February 17
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A new report from Merritt Research Services looks at potential post-pandemic problems for big cities that rely on taxes from commercial real estate.
February 16
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The proposed issuance would refinance some of the New York City Municipal Water Finance Authority’s outstanding bonds.
February 15
