Bond ratings

S&P revised the outlook on Miami Beach to stable from negative and affirmed the AA-minus rating on the city’s resort tax revenue bonds.

The upgrade to A-minus from BBB-plus "reflects what we view as material improvement in the state's structural deficit and near-term liquidity," S&P said.

Nora Wittstruck, senior director and environmental social and governance sector lead at S&P Global Ratings, talks with Chip Barnett about climate change, sea level rise and how municipalities’ mitigation efforts affect South Florida and other parts of the U.S. (19 minutes)

Fitch said it expects UT to maintain a strong operating performance that could warrant an upgrade in the next two years.

Assured Guaranty Municipal Corp. and Assured Guaranty Corp. both resolved their exposure to its insured Puerto Rico debts leading to the upgrade to A1.

Barkley hopes to get members back to educational events in person as well as adding younger members to the NFMA roster.

Moody's rewarded Detroit's strides in keeping its books balanced and building reserves with an upgrade that leaves it two notches below investment grade.

Fitch also affirmed the city’s AA-minus general obligation bond and issuer default ratings.

Despite competitive and demographic headwinds, Villanova's strong academic reputation as a selective private university will support student demand, Moody’s said.

Price has deep experience at the SEC, and Abonamah was once a top presence in the muni office.

Moody’s also assigned an A1 to the authority's $950 million of forward delivery refunding bonds.

S&P raised the Metropolitan Nashville Airport Authority, Tennessee's senior-lien airport revenue bonds issued for the Nashville International Airport to A-plus.

The city’s financial status was so distressed after the 2008 economic crash that there was talk of insolvency.

California has produced increasingly late audited financial documents since it fully launched FI$Cal, the state's massive financial technology system in 2019.

Fitch raised the CBOE’s issuer default rating and outstanding unlimited tax GOs to BB-plus from BB and outstanding dedicated capital improvement tax bonds to A from A-minus.

The rating agency also confirmed the city’s Ba2 rating on $191 million of outstanding water and sewer revenue bonds.

KBRA says the deal will allow for expansion.

Climate change can magnify existing state and local credit issues.

The debt-averse state's long-term management of its finances and recent growth earned it a triple-A rating from Fitch.

The massive Chicago-based system that operates in 21 states scored a ratings boost from S&P and a revised outlook to positive from Fitch.