Bond ratings

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.

The rating agency cited stong debt service coverage and modest leverage.

Generous federal support is offset by a small and volatile economy, the agency said.

Moody's cited continued liquidity improvements in the ratings lift for the northern California clean energy aggregator.

Fitch said the train line's ridership and revenue ramp-up continue to lag projections.

The agency cited the permanent raise to the rum tax cover for the improved outlook.

Fitch cited the authority's stronger margins in recent years.