Bond ratings

Moody’s Investors Service upgraded America's largest township one notch to Aa1 from Aa2 citing strong reserve levels during the COVID-19 pandemic bolstered by federal aid.

The negative outlooks tie to the possibility of more constrained financial resilience in the future, according to Fitch Ratings analysts.

The commuter rail that runs between San Jose and San Francisco benefitted from a criteria revision on not-for-profit transportation infrastructure.

The Empire State's general obligation bonds revised to negative from stable by rating agency due to heightened budget risks.

Moody's dropped the Chicago Archdiocese' rated debt by three notches to Ba1.

Moody's downgraded Wisconsin's largest city by one notch due to budgetary pressures.

Jersey Shore gambling hub's financial progress under state supervision amid coronavirus headwinds prompted rating agency to revise junk-rated city's outlook to positive.

S&P Global Ratings downgrades the Garden State's general obligation bonds one notch to BBB-plus from A-minus.

Moody's deemed both the likely passage of San Francisco Unified School District's parcel tax and Los Angeles USD's $7 billion bond measure credit positives.

The towns of Phoenix and Talent have been decimated, losing 2,350 homes.

The news is credit positive for the second-tier airport in the wake of JetBlue's departure, according to Moody's.

The New York City suburb achieved record low interest rates for a more than $40 million bond transaction following a credit upgrade that reflected its recent fiscal discipline.

Sharp revenue losses caused by the pandemic triggered a negative credit outlook for Long Island’s Nassau County as it prepares to roll out a new fiscal plan to combat a budget hole.

The California Supreme Court ruled July 25 in a pension spiking case with ramifications for the state's ironclad pension legal doctrine.

S&P moved Michigan's outlook to negative this week. Fitch recently affirmed the state's stable outlook.

Rolette County affirmed its commitment to make a July jail lease payment as Moody's reviews the impact of the temporary jail closure on the county's books.

Washington State pulled a note deal after a glitch resulted in two-thirds of bidders not seeing a couponing instruction.

San Francisco's ratings, economy challenged by coronavirus

Orange County tourist tax collections plummeted 97% from the year earlier to $765,900 in April, the largest decline ever seen.

Fitch Ratings affirmed its AA rating on the department's water system revenue bonds as it revised their outlook to negative.