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Officials say the guidelines 'memorialize' the extensive debt management constraints under state and local laws, and the city's fiscal objectives.
August 5 -
The new law lowers contribution rates for some agencies and allows them to opt out of the worst-funded pension plan in the country.
July 31 -
Moody’s has acquired a majority stake in Four Twenty Seven, a provider of data and analysis on climate risks.
July 24 -
S&P's outlook bump of Hartford's junk rating to positive from stable represents a validation of financial recovery efforts, Mayor Luke Bronin said.
July 11 -
A judge's decision looms for men accused of bilking the Connecticut Municipal Energy and Electric Cooperative, which got good news from Fitch Ratings last week.
June 19 -
Among the topics on the plate for Laura Porter, Fitch Ratings' new head of public finance, are complex credits, special revenue legal focus and ESG factors and scoring. Porter believes there are still opportunities in this market and has the team to assist in these efforts. John Hallacy hosts.
May 21 -
Birmingham, Alabama's general obligation bond rating was lowered one notch by Moody's due to growing pension liabilities.
April 30 -
The fate of higher education was on the agenda at the Milken's Institute's Global Conference.
April 29 -
Kroll Bond Rating Agency lifted Los Angeles one notch to AA-plus.
April 17 -
Los Angeles received a one-notch upgrade to AA from Fitch Ratings following several years of revenues outpacing expenditure growth.
April 12 -
Our guest, Eden Perry, the new head of public finance at S&P, describes her vision of the rating agency's role and her goals for her tenure. Criteria changes, surveillance, multi-notch downgrades, and diversifying the staff are all front and center. John Hallacy hosts.
March 19 -
Laura Porter has been named head of U.S. Public Finance at Fitch Ratings.
March 11 -
Shawn Wooden expects his proposal to fix to state teachers’ pension system to kick-start an agenda that includes infrastructure, improved returns and financial literacy.
March 8 -
With positive news out of California and New York, strong financials continue for munis.
March 8John Hallacy Consulting LLC -
The state's BBB Fitch rating is at risk of a downgrade if lawmakers adopt Gov. J.B. Pritzker's proposed fiscal 2020 budget.
February 27 -
The University of Findlay will use long-term bonds to restructure its outstanding debt, which includes capital lease obligations and short-term notes.
February 26 -
Texas lawmakers are pushing for legislation to cap local property tax increases, with implications for bond ratings across the state.
February 11 -
Gail Sussman, head of Moody's public finance group takes on a new role as senior vice president in the public finance group on April 1, when Mike Rowan will take over as leader of the group.
February 7 -
The Dayton, Ohio, school is in the second week of the faculty strike over working terms and conditions.
January 29 -
Despite the many factors pulling against our market including slowing GDP and trade uncertainty, Christopher Mier, CFA of Loop Capital, remains optimistic on the municipal market. He see upgrades outpacing downgrades and is looking for stable returns in the state and local sectors. He even has hopes for improvements in Illinois post election and believes that P3s and OPEB bonds may see more activity. John Hallacy is host.
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