Moody's

Stockbridge's attorneys filed a state constitutional challenge in local court, and plan to file a civil rights complaint in federal court soon.

Gov. John Bel Edwards has called lawmakers to the capitol on May 22 to deal with the budget deficit.

Bills that stripped territory from Stockbridge without apportioning its debt are credit negative for Georgia local governments and could impose higher borrowing costs.

Pittsburgh exited successfully from the Act 47 workout, but other communities hang around for decades.

Pension costs and slow growth in state revenues contributed to a fifth straight year of net tax-supported debt growth of under 2%.

The transaction will mark the university’s first new-money series for this credit in 16 years.

Working amid uncertainty in the equity and fixed-income markets, the Connecticut Housing Finance Authority held an oversubscribed fixed-rate bond sale.

International enrollment is declining as the higher education sector becomes more tuition dependent.

Benefit changes for the city’s public safety pensions will remain, said Moody's Investors Service.

Moody's revised its outlook on Connecticut's capital to developing from negative, pending the city's application for a state workout program.

Alaska's fiscal slide has halted, at least for now.

The university has overspent by $25 million annually for four years, its president says.

Few details have emerged yet about a tentative state budget deal that might help the capital city dodge bankruptcy.

Declining state aid makes districts more reliant on local taxes to fund operations, said Moody's Investors Service.

Public retirement plans are walking a tightrope with high-yield return strategies, Moody's said.

Investor-owned utilities are recovering quickly from the storm, the rating agency said.

The state passed a law to strengthen its school credit enhancement program, bringing Moody's upgrades to 58 school districts.

Moody’s projects more utility privatizations as local issuers look to cope with financial distress and sidestep maintenance and compliance costs.

A mix of debt restructuring and labor concessions could keep Connecticut's capital out of bankruptcy court.

S&P dropped Alaska to AA amid dwindling budget reserves.