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Moody's has downwardly revised the outlook for Baltimore's issuer rating and several classes of bonds due to a trend of declining fund balance levels in a city dependent on a major international shipping port.
July 9
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Without the increase U.S. Virgin Islands matching funds bonds would have defaulted in the next few years, some observers said.
July 8
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The policy shift may crowd out some projects, warned Baruch Feigenbaum, senior managing director of transportation policy at Reason Foundation.
July 7
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The Alpine School District deal will finance school buildings in a part of the district that will be split off into a separate entity in July 2027.
July 7
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Yorkville, Illinois, defaulted on special district bonds for Kendall Marketplace, a shopping center that never evolved into the expected retail powerhouse.
July 2
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A Kansas state legislative council will meet next month to keep a 2024 bond-financing law alive at the request of the Missouri-based Kansas City Chiefs.
June 27
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Sacramento Municipal Utility District officials credit the Kestrel green verification for attracting a new buyer to its commercial paper.
June 27
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Continued state and city support for the MTA's capital projects was the primary driver for Moody's Ratings upgrade to A2.
June 25
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The $247.75 million of unrated tax-exempt bonds will finance public infrastructure and projects for an initial development on state-owned land.
June 24
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The wait for finished audits dropped across municipal sectors from 2022 to 2023, a new report says, but the median time is still higher in the long run.
June 13
