Higher education bonds

Gov. Jerry Brown's proposed budget is a credit positive for California's school and community college districts, according to Moody's Investors Service.

Standard & Poor's upgraded Series 2007civic facility revenue bonds issued for Polytechnic University after the school merger with NYU closed.

The Minneapolis College of Arts and Design's growing enrollment numbers and improved cash flows and debt service coverage prompted Moody's Investors Service to revise its outlook to stable from negative.

Moody's Investors Service downgraded Yeshiva University debt to B1 from Baa2 Thursday afternoon

Washington State University is planning to sell $60 million of revenue bonds later this month to fund improvements throughout its campus.

Northeastern University has scheduled a $250 million bond sale, with proceeds to help fund construction of a science and engineering building.

The Internal Revenue Service has concluded that $720 million of student-loan bonds issued by a New Hampshire authority are taxable, leading the issuer to move toward requesting an administrative appeal and asking the IRS to reopen its audits of the bonds.

The University of Chicago was among six institutions to which the not-for-profit Ludwig Cancer Research organization awarded $540 million grants to fund cancer research.

The University of Arkansas' 20-year master plan for its Fort Smith campus is expected to require about $200 million, according to chancellor Paul Beran.

The University of Texas System will open the new year with $240 million of top-rated Permanent University Fund bonds to refund commercial paper.

After a lengthy search, Texas Tech University has decided to keep interim chief financial officer Noel Sloan on a permanent basis.

The University of California and a union representing more than 12,000 researchers, healthcare, and technical workers reached a tentative labor agreement this week after two years of negotiations.

CHICAGO - Standard & Poor's lowered its rating on Western Illinois University to A-minus from A and assigned a negative outlook. It also revised its outlook on Governors State University's A-minus rating to negative.

Colorado State University will improve its main campus in Fort Collins with proceeds from a $141 million bond deal expected to price Tuesday.

The democratic caucus of the California State Assembly has released a "budget blueprint" for next year that includes boosting higher education spending and creating a rainy day fund.

Gonzaga University is planning to sell $53 million of revenue bonds to fund construction costs for a new building to replace its antiquated student center.

The Internal Revenue Service thinks that interest on $720 million of bonds issued by the New Hampshire Health and Education Facilities Authority from 1998 to 2011 should not be tax-exempt.

The University of Colorado Board of Regents on Wednesday unanimously approved $140 million to remodel athletic facilities.

Moody's Investors Service has stripped Central College in Iowa of its underlying investment grade rating over its stressed operations.

Manhattan, Kan., home of Kansas State University, will have about $145 million of general obligation debt outstanding after it issues $21 million of bonds and notes in a competitive sale Tuesday.