Bond ratings

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.

Recently enacted tax policy changes will help the state's finances, Fitch said.

S&P revised Chicago's outlook to negative from stable and affirmed its BBB rating on the city's outstanding general obligation debt.

Moody's revised the outlook on the Chicago Board of Education to stable from positive on Monday.

Concerns over the Texas city's future water supply after a desalination project was terminated, led to negative rating outlooks from Fitch and S&P.

The rating agency expects the school to post an operating deficit this year.

The school system, which has an AA underlying bond rating from S&P, was targeted by the Texas Education Agency for a takeover based on academic performance.

Moody's cited the school's weakening liquidity levels in its downgrade.

Fitch Ratings cited the hospital's growing revenue and other factors in lifting the issuer's outlook.

The rating agency pointed to potential financial pressure from tax and other changes on the federal level for the state's outlook revision.

Fitch cited the system's operating performance and plans for up to $4.2 billion in addional debt.

Fitch cited improved long-term liability metrics.

The rating agency's review was triggered by the city's move to effectively end plans for a seawater desalination project that has $235 million of bonds outstanding.

Dallas Fort Worth International Airport plans to sell $2 billion of revenue bonds this week as it continues financing for a $12 billion capital program.

Nevada's audited 2023 financials were released more than two years after the fiscal year ended. The state controller says structural changes will reduce delays.

Moody's revised Chicago's outlook to stable from positive and affirmed the city's Baa3 issuer and general obligation unlimited tax ratings.

The rating agency cited increases in enrollment and improved net tuition revenues.

Chicago Public Schools officials said they will not be making a disputed pension payment when they presented the district's 2026 budget at a board meeting Wednesday.

The fiscal 2026 budget would increase police and fire funding by $63.1 million as the city works to comply with a voter-approved public safety spending mandate.