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Inflationary-driven challenges pose a drag on hospitals’ fiscal recovery from the pandemic with short-, mid-, and long-term action needed.
July 20 -
Fitch Ratings said the upgrade reflects the city's improved operating performance due to a robust tax revenue rebound and management's proactive budgetary actions.
July 7 -
S&P Global Ratings says that without funding reform, New Jersey's pension system may continue to negatively impact the state's credit outlook for decades.
July 1 -
The airport benefits from growing population “that skew[s] young and wealthy,” the rating agency said.
June 21 -
The acquisition of Cancer Treatment Centers of America in February was cited for the downgrade along with City of Hope's financial weakness over the past two years.
June 17 -
Moody’s Investors Service raised the city's rating, noting noted a trend of strong finances, a diverse economy and a willingness to tackle pension issues.
May 18 -
Governance is the single most important ESG factor in public finance ratings, given the impact of governance structure, Fitch said.
May 17 -
Audit times for municipal bond issuers are on the rise, with the median reaching 164 days in 2020 compared with 147 in 2009.
May 3 -
Michael Rinaldi, head of local government ratings at Fitch, talks with Chip Barnett about the murky financial picture after the move by Gov. Ron DeSantis to dissolve the Reedy Creek Improvement District after Disney Co. said it plans to fight to repeal the new “Don’t Say Gay” law. (12 minutes)
May 3 -
While the outlook revision reflects the view there is a one-in-three chance RCID's credit profile could be positively or negatively impacted, future events remain unclear, said S&P's Christian Richards.
April 29