Politics and policy
Politics and policy
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Declining occupancy levels at privatized student housing projects are likely to continue into early 2021 as the sector confronts headwind from the COVID-19 pandemic, according to analysts.
October 13 -
New Jersey and Nevada were the only states to exhaust their reserves in the early months of the COVID-19 pandemic.
October 13 -
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Low oil prices and the pandemic slowed the Lone Star State's revenue stream.
October 7 -
The state's financial downturn shows signs of improvement, treasurer says.
October 6 -
Gov. Gretchen Whitmer signed a $63B fiscal 2021 budget into law last week that Moody's views as a credit positive for local governments.
October 5 -
A U.S. Supreme Court ruling that affirmed the existence of Indian reservations across the eastern half of the state will mean lost tax revenue, officials said.
October 5 -
New York State’s first credit downgrade in 17 years is a warning that fiscal changes will be necessary to combat its coronavirus-induced budget crisis, according to observers.
October 2 -
New Jersey's $32.7 billion budget for its shortened nine-month fiscal 2021 includes the state's largest reserve levels in more than a decade as a backstop for revenue hits that may result from a possible second wave of coronavirus.
September 29 -
Even with revised estimates amid the pandemic, year-over-year revenue collections in Florida were down 4.6% in August compared with 2019.
September 28 -
Michigan avoided deep cuts for fiscal 2021 but is still lobbying for federal relief to make up for coronavirus-driven tax losses as a fiscal 2022 gap looms.
September 25 -
The public-private partnership that had been constructing the light rail line and stations has shut down construction work.
September 24 -
Analysts warn that borrowing planned in a revised New Jersey budget will result in lasting fiscal distress as it pays back the debt.
September 23 -
S&P issued a bulletin Monday warning that pressure is mounting on Illinois' BBB-minus rating —the lowest investment grade — as federal relief remains stalled.
September 21 -
The deal struck by Gov. Phil Murphy to increase marginal rates on income over $1 million is not expected to make a material difference to the state deficit.
September 18 -
Duane McAllister and Lyle Fitterer of Baird talk with Chip Barnett about low rates and credit quality. They discuss the best scenarios for investors and issuers in these challenging times. (20 minutes)
September 17 -
A proposed financial transaction tax in aimed at bolstering tax revenues could cost the state Wall Street business, analysts warn.
September 16 -
Billions of public funds have been spent cleaning up the bay, but two lawsuits say those efforts are endangered because the EPA failed to do its job.
September 16 -
The governors in Oregon and California point out that climate change has exacerbated the conditions that start and accelerate wildfires.
September 15 -
Declines are attributed to the pandemic and were highest among first-year students, report says.
September 15


















