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The new GASB standards apply to Other Post-Employment Benefits, or OPEB, which mostly pertain to retiree health benefits, but also can include dental, vision, disability and death benefits.
October 19 -
Moody's Investors Service said Jacksonville's litigation to repudiate a power contract raises questions about its willingness to make good on obligations.
October 12 -
The amount of outstanding variable rate demand bonds rose to $142.4 billion in the second quarter of this year, a gain over $142.2 billion in the first quarter and the end of a decade-long decline, Moody’s Investor Service said in a recent report.
September 26 -
Quantifying the related financial damage will take time, said the rating agency.
September 18 -
Demand for public-private partnerships in higher education is on the rise, particularly for student housing and parking, according to a report issued by Fitch Ratings.
September 10 -
Wilshire Consulting said the aggregate funded ratio for U.S. state pension plans remained unchanged between and first and second quarters of 2018 at 70.8%, up 0.7 percentage points from the previous 12 months.
August 27 -
Rural governments continue to lose economic ground, according to a Moody's Investors Service report.
July 23 -
Twenty-three years after hitting rock bottom, D.C. has a triple-A rating.
July 12 -
The deposit exceeds some pre-budget estimates that the fund would receive $14 million, said Gov. Tom Wolf.
July 12 -
The state Supreme Court's reaffirmation of a 2015 pension overhaul settlement is credit positive for Rhode Island, according to Moody's.
June 14 -
S&P Global Ratings revised the state's outlook to stable from negative, and Moody’s says the budget's Medicaid expansion is credit positive for hospitals.
June 8 -
The massive amount of local debt Texas voters have authorized could limit governments' flexibility, Moody's Investors Service says.
June 6 -
S&P said a state law de-annexing a major portion of one city to create another may affect all of its Georgia municipal rating assessments.
May 31 -
Four Twenty Seven developed climate change software to help bond investors assess future credit risk.
May 31 -
MCE, California's first community choice aggregator, is rated Baa2 with a stable outlook by Moody's.
May 25 -
Pike County's “very weak” economy, budget performance and management led S&P Global Ratings to lower its ratings.
May 25 -
The $139 million refunding saved Alabama’s most populous county $12.35 million in debt-service costs.
May 24 -
Rising short-term rates and a lower corporate tax rate have already pushed some municipal issuers out of bank loans and back into the traditional muni space, analysts said.
May 21 -
In the first tranche of its $800 million sale, West Virginia says residents will get an opportunity to invest in the state.
May 21 -
S&P Global Ratings said the Bluegrass state has become more vulnerable to fiscal stress.
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