The University of Baltimore School of Law graduate is tasked with serving as the chief legislative and budgetary adviser to the GA leaders of both political parties and the legislative representative in conversations with the national
bond rating agencies.
Since its inception, the program has gained the distinction of being a prestigious award recognized by accounting professionals; bond counsel; underwriters; securities analysts;
bond rating agencies; educational, teacher and citizen groups; and federal and state agencies.
The Port of New Orleans hopes to have $100 million in operating revenues next fiscal year a feat that would make it more appealing to
bond rating agencies.<br />"If we just have a little bit better year than we expect, we will be a $100 million entity next year," said Ronald Wendel, vice president of finance and administration at the port.
Municipal
bond rating agencies have begun accounting for public pension funding and have cited pensions in several downgrades, according to research from The Center for Retirement Research at Boston College.
The additions to the panel include Mark Pepera, CFO for Westlake City Schools in Ohio, representing the Association of School Business Officials International; Bernhard Fischer, director of public finance for Fitch Ratings Inc., representing
bond rating agencies; Brian Green, a partner with the Omaha, Neb., accounting firm Seim Johnson LLP, representing the Healthcare Financial Management Association; Shirley Hughes, finance director and CFO for Boulder City, Nev., representing the International City/County Management Association; Wayne Gerhold, an attorney in Pittsburgh, representing the National Association of Bond Lawyers; and Demetria Hanna, branch chief, economic statistical methods division, U.S.
WORCESTER -- The three
bond rating agencies used by the city to review its fiscal health have affirmed their previous bond ratings for Worcester's municipal government.
Rice University political science professor Bob Stein offered a rundown of what
bond rating agencies look for when they give out those ratings.
They describe the most common borrowing instruments; the process by which bond issues are developed, structured, and sold; the role of the
bond rating agencies; limits imposed by state law on municipal borrowing; state and federal regulation of the sale of municipal securities; the ways in which federal taxation of municipal debt influences the marketing of bonds; and features of federal and state law that impact municipal bond litigation.
MIA s strong performance helped maintain A ratings and stable financial outlooks with all three major
bond rating agencies for a July bond sale that is expected to be the final financing necessary to finish the airport s Capital Improvement Program.
Independent
bond rating agencies have upgraded our financial status 11 straight times."
Moody's Investor Services and Standard & Poor's--the two major
bond rating agencies in the United States-downgraded G-P's bonds to "junk bond status" this past fall.
* Weighs in the state's favor with
bond rating agencies.
