Thomas Nocera joined The Bond Buyer in 2022 to cover the Northeast region. He began his career in local journalism, covering crime, politics, business, and the culture of New York City's most populous borough, Brooklyn. During the pandemic, Thomas covered the national healthcare industry for the Guardian News and later worked with the GroundTruth Foundation to report on protest movements in New York in addition to the state of a federally managed refugee resettlement program struggling in the wake of the U.S. withdrawal from Afghanistan. Thomas received a masters degree from Columbia University's Graduate School of Journalism and is a former fellow of the Overseas Press Club Foundation.
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Moody's affirmed its Baa3 rating and concluded a two-month-old review of the troubled city, which is under state fiscal oversight.
September 27 -
The mall operator want a downward reassessment of the property's estimated value, a move that could reduce quarterly PILOT payments that back tax-exempt bonds.
September 23 -
The saga to build the Carolina Panthers a new training facility ended in court, amid finger-pointing between the developer and South Carolina local governments.
September 21 -
Improved commitments to pension funding, coupled with other changes to the two states' retirement systems, have yielded bond rating upgrades for both.
September 16 -
The former two-term mayor of Central Falls will face Republican James Lantrop, finance director for the town of North Kingstown, in the state's Nov. 8 general election.
September 14 -
The rating agency cited progress on long-term fiscal stability and budgeting in its decision.
September 12 -
The decision follows months of turmoil that left the city without an approved budget well into the new fiscal year, said Moody's analyst Douglas Goldmacher.
September 8 -
The Kentucky State Property and Buildings Commission deal will fund capital improvements and public projects across the state.
September 7 -
Amendment 6, one of twelve proposed constitutional amendments the state's voters will decide Nov. 8, would give local officials more flexibility, supporters say.
September 2 -
Mississippi's largest city is without running water. It has $191 million in outstanding water and sewerage revenue bonds, according to Moody's.
August 31