Bond ratings

S&P Global Ratings cited the state's structurally balanced budgets and progress on improving the finances of its pension system.

The rating agency cited the state's sustained improvements in fiscal management and robust reserves.

The Texas city is reviving a seawater desalination project as it faces a water supply crisis that has impacted its bond ratings.

The competitive bond sale comes after the triple-A-rated city received a negative outlook from S&P over the use of reserves to ease budget pressures.

The Texas city, which is a regional water supplier, is turning to several sources to boost dwindling water supplies amid an ongoing drought.

Moody's cited the enterprise's exceptional cash position and strong debt service coverage.

The rating agency lifted the state's general obligation and other ratings by a notch, citing well-established and prudent governance practices.

Berryessa Union School District in Santa Clara County had its issuer rating downgraded to A2 from A1 by Moody's.

The Alaska IDEA's $75M notes were rated AA-plus by S&P, which cited strong financials.

Palomar Health's bond rating remains stuck at junk, but UCSD partnership offers a glimmer of hope.

SRI International had its outstanding bonds downgraded to Baa1 because of its exposure to declining federal grants.

King County, Washington plans a $422.2 million competitive sale of limited tax general obligation bonds for Wednesday.

Moody's cited narrowing financial flexibility and declining debt service.

Moody's Ratings has put McLaren Health Care Corporation's A1 revenue bond ratings under review for downgrade after Indiana ended a key Medicaid contract with the company.

Oakland touts financial turnaround with a $335 million bond sale ahead, despite negative credit outlooks.

Moody's cited prospects for reduced operating deficits, generally stable enrollment and strong philanthropic support.

The $6.3 billion all-funds budget was amended in the wake of the Nov. 4 defeat of a property tax rate increase that would have raised $109.5 million in revenue.

After terminating the project in September, the council approved an initial deal with a new contractor team to develop design and construction options.

A state audit of the Houston-based HBCU that identified financial issues led the governor to direct state agencies to launch an investigation.

The Texas city could revisit plans for a desalination project to boost its dwindling water supply with the city council scheduled to consider it next week.