The outlook change to negative comes in the wake of voter approval on Nov. 5 of a ballot measure requiring certain public safety spending by the city.
The Aloha State received three rating affirmations as it prepares to sell $750 million of taxable general obligation bonds.
A bond-financed rehab of the downtown sports arena is receiving pushback.
The Chicago City Council delivered a strong rebuke of Mayor Brandon Johnson's fiscal 2025 budget on Thursday, rejecting a $300 million property tax increase.
The announcement of $3.4 billion in grants for rail, roads and clean-energy efforts comes on the third anniversary of Biden's signature legislation.
The Los Angeles school district was at the forefront of a Build America Bond refunding wave with its $2.9 billion deal.
