The ratings agency said it action reflects the state’s solid economic recovery from the COVID-19 pandemic.
Reopening would help a public agency that needs $15 million in state help to cover debt service this year and is asking for additional operating subsidies.
A year after the pandemic struck the nation's economy, Texas sales tax collections hit an all-time record for April.
The states intend to come to market with $600 million and $1 billion, respectively, bringing state GO credits in an improving credit environment that has held yields down.
Federal and state aid camouflage danger around the corner, fiscal watchdogs and others insist.
Congestion pricing, a Manhattan Greenway, open-streets programs and a plethora of other uses are all at play as city officials plan a recovery from COVID-19 and a full reopening of the city by July 1.
The settlement shifts about $30 million of hospitality fee revenue from Horry County, South Carolina, to local governments there, including Myrtle Beach.
New York City's mayor cited roughly $15 billion in additional state and federal aid, improving COVID-19 statistics and the further lessening of restrictions in releasing his executive plan.
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New York City's mayor cited roughly $15 billion in additional state and federal aid, improving COVID-19 statistics and the further lessening of restrictions in releasing his executive plan.
April 26 -
Milwaukee will offer investors its first green-designated bonds under its sewerage credit Tuesday and returns next week with a GO sale.
April 26 -
Indiana's newly adopted budget, with rosier revenue projections and a looming infusion of federal relief funds, will also boost infrastructure spending.
April 23 -
Mayor Jim Kenney called the latest rescue package the only funding source that can help with coronavirus-related revenue losses.
April 23 -
The school's debt load will reach $1 billion and Moody's says it's "uncertain" the college can "sustainably return to stonger operating performance."
April 21 -
In the Southeast, almost $71 billion of American Relief Plan funds will be dispersed to state and local governments.
April 21 -
The $1.9 trillion American Rescue Plan includes $350 billion in direct state and local aid.
April 20