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"The risk of future budgetary pressure is further elevated due to pension contributions falling short of their actuarially determined contribution amounts in each of the past three years and a relatively high level of unfunded pension liabilities," said S&P's Rob Marker.
March 4 -
"In Kentucky, we're working hard to ensure our place as a leader in economic development, and this growth in exports shows our efforts are succeeding," said Gov. Andy Beshear.
March 1 -
The state's largest healthcare district by land mass is at risk of breaching financial covenants, according to Moody's Investors Service.
February 26 -
Pensions funds are increasingly investing in riskier asset classes, with more than half their investments in 2022 in these, according to some estimates.
February 21 -
This decision will accelerate foreign buyers' reduced presence in the muni market, said Vikram Rai, head of municipal markets strategy at Wells Fargo.
February 16 -
The rating agency cited traction on its financial turnaround in revising the outlook on the junk-rated hospital to stable from negative.
February 14 -
The upcoming fiscal 2025 budget will take "some first steps" to address a structural gap of about $158 million, Melissa Dubowski said.
February 14 -
Colorado's sole public safety net healthcare provider faces rising uncompensated care costs, driven in part by treating thousands of uninsured migrants coming from the southern border.
February 7 -
Fitch Ratings downgraded the private-activity bonds supporting LAX's people mover bonds to junk, but said they could fall lower if the airport doesn't reach an agreement on delay concessions.
February 2 -
The ratings agency cited federal support and military spending on the island as keys to its decision.
January 25