Fitch

A limited tax base and heavy legacy obligations have hamstrung the city, according to the rating agency.

Only weeks after Gov. Dannel Malloy signed a fiscal 2018 budget, the state has a new round of fiscal crises.

The agency keeps its AA-minus rating while calling the commonwealth less resilient.

Cities and states on the the borders are vulnerable to falling tax receipts amid protectionist rhetoric that threatens NAFTA, Fitch Ratings said.

Strong legal and structural protections earned the debt top grades from Kroll and Fitch. S&P wasn't as bullish.

Growth in airports, ports and toll road sectors was strong in the first half of this year.

The rating agency cited the backing of the authority's transportation revenue bonds by a gross lien on operating revenues.

Fitch Ratings said it has withdrawn its ratings for the United States Virgin Islands and the USVI Public Finance Authority.

Revenue bonds backed by toll roads are looking good, according to Fitch Ratings.

After recovering from severe drought and raising rates, debt levels may rise for Texas water utilities, while their credit should remain stable, according to Fitch Ratings.