Fitch, the New York-based global rating agency, affirmed last week the city’s general obligation bonds at an A rating, but also issued a warning: “annual
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Walker: City’s Fiscal Clock Ticking–Finch: Walker Served Under Bush’s Historic Debt, Plus: Fishing For Stories, Post Overplays Bass Pro Complaint
Update: This story in the Connecticut Post is receiving a lot of chatter today. A court complaint was filed against Bass Pro Shops, the company introduced on
Read moreBarnes Bashes Moody’s
State Budget Director Ben Barnes says that Moody’s, the Wall Street bond rating agency, has no credibility after it downgraded the state’s credit quality. (HARTFORD, CT)
Read moreThe Cost Of Debt
City government watchdog John Marshall Lee (BEACON2 here on OIB) has spent months this year delving into the serpentine world of city finances. He shares this essay:
Read moreCity Finances In The Black Or Red?
OIB commentator John Marshall Lee is a relentless digger of information regarding city finances. He questions whether the city’s in as good shape financially as
Read moreFinch Happy About Fitch Report
When a major Wall Street bond rating agency doesn’t mess with the city’s creditworthiness government bean counters breathe a sigh of relief. It means the
Read moreMaking Sense Of Master Plan, Plus: City’s Bond Rating Lowered, And We Love Raising Taxes
The city’s Master Plan of development has been a master migraine in recent weeks from issues involving public hearings to an enterprising community group (Committee
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