Extra Credit: S&P Global Ratings’ Public Finance Podcast: Recent Episodes
S&P Global
“Extra Credit,” S&P Global Ratings’ U.S. public finance podcast, delivers a mobile overview of trends, rating actions, and credit commentary on the week's most pressing municipal market issues.
No need to change your lens to get the picture: Host, Peter Murphy joined by S&P Sector Leader Ted Chapman and Lead Analyst Nora Wittstruck explain the new spotlight on Environmental, Social, and Governance factors in U.S. Public Finance issuer credit ratings and preview how ESG will be featured in rating reports. The episode closes with an update on where the market can expect to see COVID-19 as a component of ESG.
March into spring with Extra Credit as host, Tiffany Tribbitt, presents a new edition of Retirement Roundup with S&P Global Lead Analysts Timothy Little, Todd Kanaster, and Joshua Travis to explain S&P’s pension guidance, relevant metrics, and set the stage for the new commentary series “Pension Spotlights” starting with Texas.
Editor’s note: This episode was recorded on February 20, 2020. All discussion of market events and credit conditions reflects information available as of that date.
Host, Peter Murphy, takes us through a wrinkle in credit with S&P Global Lead Analysts David Hitchcock, Blake Yocom, and Ying Huang as they journey through the United States from west to east to discuss California’s “No Place Like Home” bonds, the pensions of Cook County, Illinois and Massachusetts based Lasell University.
As with all good things, the season for 2020 Sector Outlooks has come to an end here at Extra Credit. Host, Peter Murphy, rounds out our third and final presentation of U.S. Public Finance sector outlooks with Sector Leaders Kurt Forsgren, David Bodek, and Theodore Chapman as they preview credit events to monitor this upcoming year for Transportation Infrastructure, Public Power & Rural Electric Cooperatives, and Water-Sewer Utilities.
Outlook season rolls on here at Extra Credit. Host Bobbi Gajwani joined by S&P Sector Leaders Jessica Wood and Marian Zucker take on 2020 outlooks in the Charter Schools, Higher Education, and Municipal Housing sectors to share what Ratings is monitoring in the upcoming year.
It’s January -- and that means the start of outlook season here at Extra Credit. Listen in as host Tiffany Tribbitt kicks off the New Year with S&P sector leaders Geoff Buswick, Jane Ridley, and Suzie Desai to tackle what S&P is watching during 2020 for State and Local Governments, as well as the not-for-profit health care sector.
Listen to Lisa Schroeer talk with Head of USPF Eden Perry and Head of USPF Analytics and Research Robin Prunty as they wrap up 2019 and highlight S&P Global Ratings U.S. Public finance research and people.
This week we learn what’s new in our annual surveys of the 15 largest city pensions and the 50 state OPEBs. Join the conversation with S&P analysts Scott Nees, Jillian Legnos, and Todd Kanaster. Lisa Schroeer and Tiffany Tribbitt host.
This week’s extra credit takes a look at the economy and how recent trends could impact our muni market. Hear from Beth Ann Bovino our U.S. Chief Economist and Jane Ridley our Local Government Sector Lead. Hosted by Lisa Schroeer.
This week Peter Murphy and Lisa Schroeer talk with Bobbi Gajwani, Ken Gacka and Blake Yocom covering Provident Oklahoma Cross Village Project CommonSpirit Health, and Bridgeview, Ill. Multiple credits and multiple notches. Tune in to find out why.
This week hear Joe Pezzimenti, Victor Medeiros give an update on New Orleans airport and Hartford Connecticut with Lisa Schroeer and guest host Bobbi Gajwani.
S&P analysts Anne Cosgrove, Jillian Legnos, Todd Kanaster, and Tiffany Tribbitt join Lisa to discuss the changing landscape of pension risk in the not for profit healthcare sector and how post-retirement healthcare benefits affect state budgets.
This week Lisa Schroeer talks with analysts Kimberly Barrett and Moreen Skyers-Gibbs on rating trends and strengths and challenges for local governments and schools in Florida and Pennsylvania.
Higher Education analysts Gauri Gupta Jones, Phillip Pena, and Amber Schafer join Lisa for a deep dive into the sector looking at the ten year history and current trends with credit factors across public and not-for-profit higher education entities.
Hear what the future holds for our economic growth. Hear about tariff impacts; housing starts and stops; and what pressures and opportunities to expect. With Lisa Schroeer, Jane Ridley and Adriana Artola.
Listen to a myriad of analysts from charters to transit talk about rating actions that you should know about. You will hear about a first-of-its-kind pool transaction featuring charter school loans, recent actions related to wildfire risk within public power, and The Miami-Dade Expressway. All of this, on this week’s Extra Credit with Lisa Schroeer and special co-host Peter Murphy.
Listen to a myriad of analysts from charters to transit talk about rating actions that you should know about. You will hear about a first-of-its-kind pool transaction featuring charter school loans, recent actions related to wildfire risk within public power, and The Miami-Dade Expressway. All of this, on this week’s Extra Credit with Lisa Schroeer and special co-host Peter Murphy.
Listen to clips from host Lisa Schroeer’s 2018 favorite shows. Return for new programing next episode.
Listen to clips from host Lisa Schroeer’s 2018 favorite shows. Return for new programing next episode.
Lisa Schroeer talks with Texas experts Andy Hobbs, Josh Travis and Oscar Padilla. Hear about recent legislation and the impact on locals and school districts, and get a state overview.
Lisa Schroeer talks with Texas experts Andy Hobbs, Josh Travis and Oscar Padilla. Hear about recent legislation and the impact on locals and school districts, and get a state overview.
Hear Lisa Schroeer discuss cyber security and opportunity zones with Tiffany Tribbitt and Kristin Button. Hear it all, on this week’s Extra Credit!
This week hear Lisa Schroeer talk with state analyst experts David Hitchcock and Sussan Corson about how “U.S. States Take Advantage Of A Prolonged Economic Expansion”.
Lisa Schroeer talks with Robin Prunty about our market communication and what to expect going forward. The conversation continues with Eden Perry and Oscar Padilla about our State sector (with a side of criteria).
This week on Extra Credit Lisa Schroeer talks to Jane Ridley and Chris Morgan about our anticipated U.S. growth and what regional variations we can expect. Hear from Jane on broader U.S. and regional trends and then deep dive with Chris on what’s behind the faster growing regions.
This week they talk about asset transfers and other post-employment benefit obligation bonds (OOBs). Carol Spain will discuss recent trends in these areas with respect to Illinois.
Listen to Lisa Schroeer and visiting co-host Tiffany Tribbitt cover this action packed podcast covering the New York State Budget and its potential impact on local governments, as well as our view on congestion pricing. Analysts Tim Little, Paul Dyson, and Nora Wittstruck provide their insights.
This week you can hear Kaiti Vartholomaios talk about our recent publication that highlights rating actions over the past two years and the role ESG factors played. Erin Boeke Burke discusses her findings on water and sewer rate affordability and Andrew Bredeson joins the conversation to help cover the 2019 Green Bond outlook.
Why does the charter school sector tend to have lower ratings than other sectors within USPF? Listen to Lisa Schroeer talk with Jessica Wood, Kaiti Wang and Luke Gildner about charter schools. We cover the sector broadly and then dive deeper into Colorado and California charter schools. We highlight trends, differences and similarities.
Lisa Schroeer talks 2019 outlooks for our USPF Higher Education and Health Care Sectors with Martin Arrick and Jessica Goldman. Topics include the potential impacts from slower economic growth and disrupters. Hear how management may be the key to keeping credit quality healthy and ahead of the class.
In this week’s Extra Credit, we give our 2019 outlook for pensions and other post-employment benefits in 2019. Hear what our analysts think will be the risks and opportunities in the upcoming year. Sussan Corson, Todd Tauzer, Todd Kanaster and Lisa Schroeer discuss the issues.
This week Lisa Schroeer talks with sector leaders David Bodek, Ted Chapman, and Kurt Forsgren about the 2019 outlooks for our public power, water/sewer and transportation groups. Amongst other topics, hear how our view of the anticipated slower growth in 2019 will affect each sector slightly differently. Risks and Opportunities are also discussed.
For our first 2019 podcast, we introduce Eden Perry as the new head of U.S. Public Finance and discuss our view on state and local government risks and opportunities for the upcoming year.
This week host Lisa Schroeer talks with Russell Bryce and David Veno to cover the municipal bond market. You’ll hear highlights on proposed criteria changes along with any anticipated ratings impact and a run-down of the current state of the municipal bond insurance market, including potential areas for growth.
In this week’s Extra Credit, Lisa Schroeer takes a walk down memory lane with excerpts from podcasts past. From analytic topics to sign-off favorites, she covers some of the past year’s highlights.
This week on Extra Credit Lisa Schroeer talks with lead analysts Rahul Jain and Carol Spain about big city updates with NYC and Chicago. Then we discuss Chicago STSC and Build Illinois’ bonds recent rating actions.
In this week’s Extra Credit, S&P Global Rating’s U.S. Public Finance Podcast, Lisa Schroeer sits down with Not-For-Profit Health Care industry expert Martin Arrick and Higher Ed’s veteran analyst Ken Rodgers to learn about mergers and acquisitions. What are we seeing in these sectors and are there any lessons we can learn?
This week on Extra Credit, S&P Global Ratings’ U.S. Public Finance Podcast, Gabe Petek dives deep on the potential impact to states of a cycle turn, noting they may be tested in unprecedented ways. Lisa Schroeer takes a turn at the mic highlighting and explaining how S&P Global Ratings incorporates ESG factors into its Public Finance ratings.
This week we have our second Todd Talks, where Lisa Schroeer talks with USPF pension analysis leaders Sussan Corson, Todd Kanaster, and Todd Tauzer about plan funding methods, discount rates and how they drive pension cost trends amongst the largest cities.
Listen to Lisa Schroeer discuss different ways to look at the credit impacts of school affordability and school funding with John Anglim in Asset Back Securities covering the affordability of student loans, Shivani Singh talking about potential credit impacts of state funded community college, and Daniela Brandazza discussing higher education funding from a global perspective.
In this week's Extra Credit, Lisa Schroeer, Geoff Buswick and Tom Zemetis discuss the emerging opportunities and risks of blockchain and cyber-attacks within the municipal sphere.
Lisa Schroeer talks with Robin Prunty about our market communication and what to expect going forward. The conversation continues with Eden Perry and Oscar Padilla about our State sector (with a side of criteria).
In this Extra Credit Lisa Schroeer talks with S&P Global Ratings' not-for-profit health care industry experts Martin Arrick and Cynthia Keller about the sector's median performance, overall trends, and potential disruptors.
In this week's Extra Credit hear Lisa Schroeer discuss Credit Conditions with Managing Director Gabe Petek and Senior Director Jane Ridley. Hear about the economic forecast for the U.S. and how that translates to the State and Local credit environment.
Take this opportunity to catch-up on credits that were once headline grabbers. This week, Scott Garrigan discusses what happened to Detroit water and sewer board and Ashley Ramchandani updates us on Sweetbriar college.
This week, S&P Dow Jones Indices' Managing Director and head of U.S. Equities, Jodie Gunzberg, S&P Global Ratings' Chief U.S. economist, Beth Ann Bovino, and Senior Director, Lisa Schroeer discuss S&P Global Ratings' research that shows how increasing the number of women in the workforce could boost GDP growth and add close to $6 trillion to global market capitalization in 10 years.
In this week's Extra Credit Lisa Schroeer covers some of the issues that could impact ratings down the line. Sarah Sullivant updates us on Priority Lien criteria, Randy Layman discusses Georgia's local government de-annexation issues and Tim Little talks sports betting revenues and states.
In this week's first Todd Talks, Lisa Schroeer talks with USPF pension analysis leaders Sussan Corson, Todd Kanaster, and Todd Tauzer about their analytic focuses and interests.
This week's theme is, infrastructure! Global Practice Leads Tina Morris and Susan Gray talk about public and private sector infrastructure issues. Kurt Forsgren discusses autonomous vehicles and Ted Chapman and Obioma Ugboaja cover water bundling.
This week’s theme is, infrastructure! Global Practice Leads Tina Morris and Susan Gray talk about public and private sector infrastructure issues. Kurt Forsgren discusses autonomous vehicles and Ted Chapman and Obioma Ugboaja cover water bundling.
In this week's Extra Credit hear Lisa Schroeer discuss Credit Conditions with Chief Economist Beth Ann Bovino and State Sector Lead Gabe Petek. Hear about the economic forecast for the U.S. and how that translates to the State and Local credit environment.
Half off? How changes in retail, from online sales to dark store tactics are impacting state and local sales and property tax revenues. Host Lisa Schroeer talks with Corporates sector leader Bob Schulz, and USPF analysts Scott Nees, Helen Samuelson, and David Hitchcock.
In this episode of Extra Credit, S&P Global Ratings' analysts Nora Wittstruck, Rahul Jain, Paul Dyson, Eden Perry and Lisa Schroeer talk about rating changes and trends in New York.
In this first chapter of Extra Credit, S&P Global Ratings' Managing Directors Robin Prunty and Horacio Aldrete and Senior Director Lisa Schroeer talk about the relaunch of Extra Credit and what type of credit discussions you can expect for the upcoming year.
Continuing the conversation in Extra Credit Chapter 2, S&P Global Ratings' Managing Directors Robin Prunty and Horacio Aldrete Senior Director and host Lisa Schroeer discuss major 2017 municipal issues and what to watch in 2018.
John Sugden reviews several recent rating actions related to the U.S. Virgin Islands and Mikiyon Alexander outlines proposed criteria changes for Housing Finance Agencies and Social Enterprise Lending Organizations.
Robin Prunty discusses our November 14th commentary outline the post-Presidential election outlook across all municipal sectors and David Hitchcock outlines the credit drivers to our recent rating actions on the states of New Mexico and New Jersey.
Nora Wittstruck and Oscar Padilla discuss a recent report on how the Texas economy is weathering the prolonged downturn in oil prices and Sussan Corson provides an overview of the revised state criteria and our approach to pensions.
Mikiyon Alexander discusses a recent report on state housing finance agencies and Jessica Matsumori gives an overview of the charter school medians.
This week, our guests include Sussan Corson, a Director on our States Team, who talks about our state pension reports; and Kevin Holloran, a Senior Director on our Health Care team, who discusses our recent health care median reports.
Kate Boatright discusses some prison rating changes, in light of recent DOJ memo, and Carol Spain provides an update on the status of OPEB liabilities at the state level.
Jenny Poree discusses how a provides a policy change by the US Department of Justice regarding federal prisons will negatively impact our rated prison portfolio and Ashley Ramchandani provides an update on higher education rating actions in Illinois.
Geoff Buswick provides an overview of the MCDC initiative and Carol Spain discusses current economic factors impacting Pennsylvania local governments.
In this week's episode, Managing Director Gabe Petek provides an overview of our recent report examining how 10 large states would be impacted by a hypothetical recession, and Senior Director Jane Ridley discusses our recent rating action on Detroit Public Schools.
Shivani Singh and Ashley Ramchandani provide an overview of our recent higher education median reports for public and private colleges and universities. Paul Dyson discusses our take on the impact of the recently-enacted Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) on Guam and the U.S. Virgin Islands.
Carol Spain, an Associate Director in the States Group out of Chicago, discusses our recently published article "Debt Levels Flatline As US States Prioritize Budget Management Over Investment"
Scott Nees discusses the impact of the oil price glut on the ratings for the Williston Parks and Recreation District in North Dakota, and Aulii Limtiaco talks about some positive rating action in the California housing sector.
On this week's show we feature Michael Parker, who joins us to discuss a recent decision in the Colorado Court of Appeals concerning metro district taxing power.
In this week's edition, Avani Parikh, Associate Director, and Sussan Corson, Director, discuss the requests for comments for proposed changes to rating criteria for charter schools and pensions funded by states.
In this week's edition, Senior Director Kevin Holloran joins us to provide some insights on innovations and transformations occurring in the healthcare space.
In this week's edition, Senior Director Larry Witte provides some highlights on our recent default and transitions report, and Director Scott Garrigan discusses our recent rating action on Chicago Water.
In this week's edition, Senior Director Jane Ridley provides some insights on market ratings and drivers, in light of recent bankruptcies, and Managing Director Martin Arrick discusses our recent rating action on Kaiser.
In this week's episode, Managing Director Gabe Petek discusses the highlights of our comprehensive report on state budgets and credit analyst Victor Medeiros explains what spurred our recent rating action on Oyster Bay, New York.
In this week's Extra Credit, Analytical Manager Jessica Matsumori discusses the trends shaping the higher education sector, Director Scott Garrigan explains what's behind the multiple notch downgrade on Atlantic City Municipal Utilities, and Senior Director Kevin Holloran reviews our recent downgrade on Catholic Health Initiatives.
In this week's Extra Credit, Senior Director Mikiyon Alexander discusses our new article on rated state financing agencies and Senior Director Gabe Petek examines some of the recent pension reforms to the California State Teacher Retirement System, or CalSTRS, and the potential impact on the state's credit quality.
In this segment of Extra Credit, Managing Director Geoff Buswick shares his insights on the environmental social and governance sector, and Associate Director Blake Yocom discusses the challenges facing Illinois's community college districts given the state's budget impasse.
In this segment of Extra Credit, Associate Director Sarah Sullivant discusses the highlights of our recent article about state and local government tax increment debt and Senior Director Michael Stock discusses our commentary on special assessment bonds.
In this week's Extra Credit, Associate Director Omar Tabani explains what's behind our recent rating action on the City of Houston and Senior Director Dave Hitchcock discusses the highlights of our recent report on Puerto Rico and its related credits.
In this week's Extra Credit, Senior Director David Bodek discusses our recent report about the $5.1 billion in bank loans reviewed in 2015, and Senior Director Jane Ridley addresses questions regarding Detroit Public Schools.
In this week's Extra Credit, Managing Director Martin Arrick and Director David Peknay provide an overview of our recent report on the U.S. healthcare industry and our outlook for the segments within the sector, including for-profit and insurance companies.
In this segment of Extra Credit, Director Nick Waugh discusses what's behind our recent rating action on Southern New Hampshire University and Director Karen Fitzgerald provides a big picture look at our affordable housing criteria.
In this week's Extra Credit, Senior Director Kevin Holloran discusses the rationale behind our 2016 outlook for the not-for-profit health care sector and Associate Director Carol Spain addresses questions concerning our recent rating action on North Dakota.
In this week's Extra Credit, Senior Director and Analytical Leader of our Public Power and Utilities team David Bodek provides an overview of the Environmental Protection Agency's Clean Power Plan and the U.S. Supreme Court's stay of the plan's implementation.
In this week's Extra Credit, Director Charlene Butterfield provides an overview of our recent report on cultural institutions and our outlook for the sector, and Senior Director Dave Hitchcock explains why we view the Massachusetts budget proposal as a step in the positive direction.
In this week's Extra Credit, Associate Director Carol Spain discusses Flint's water crisis and its potential implications for the state of Michigan, and Senior Director Ted Chapman explains our revised U.S. municipal water-sewer criteria and the outlook for the sector.
In this week's Extra Credit, Director Eden Perry discusses the impact of collapsing oil prices on states' credit profiles and Managing Director Gabe Petek explains California's budget process and the state's strong link to stock market performance.
In this week's Extra Credit segment, Standard & Poor's Associate Director Aulii Limtiaco discusses our rating action on the California Housing Finance Agency and Senior Director Jessica Matsumori details our outlook for the Higher Education sector, including how we expect to apply our recently revised criteria.
This week's segment of Extra Credit features Director Carolyn McLean, who explains the key revisions to our methodology for rating not-for-profit public and private colleges and universities. In addition, we highlight last week's rating actions and discuss the key factors behind our rating on Illinois.
Starting with fiscal 2015, Governmental Accounting Standards Board statement 68 (GASB 68) requires the reporting of pension liabilities for the first time for many governmental entities, including cost-sharing entities. In this week’s Extra Credit, Director Jessica Wood assesses the impact of GASB 68 on public university credits.
In this week’s Extra Credit, Managing Director and Analytical Manager of the Transportation and Infrastructure Group Peter Murphy discusses the FAST Act and its impact on the Garvee sector.
In this week’s segment of Extra Credit, Managing Director Geoff Buswick discusses how climate change could affect ratings and Director Jennifer Hansen explains what’s behind our outlook on the City of Los Angeles.
In this week's Extra Credit, Director Bianca Gaytan-Burrell discusses what's behind our rating action on the University of Alabama and Senior Director David Bodek explains the EPA’s recently finalized Clean Power Plan.
In this week’s Extra Credit, Associate Alex North discusses the key findings from our recent articles on the affordable multifamily housing space, and Managing Director Gabe Petek reviews the State Group’s new annual debt report.
In this week's Extra Credit, Senior Director Larry Witte discusses the factors driving rating transitions in the public housing sector, and Senior Director Lisa Schroeer reviews the key rating actions we took on various entities across the country over the past week.
In this week's Extra Credit, Associate Director Sarah Sullivant discusses what’s driving California’s redevelopment sector and Senior Director Lisa Schroeer reviews the trends shaping the bank loan market.
In this week's Extra Credit, ratings analysts Anna Uboytseva and Michael Furla discuss what spurred our rating actions on Garden City Schools, Michigan, and the Town of Lawrence, Wisconsin.
In this week’s Extra Credit segment, Director Bianca Gaytan-Burrell discusses what prompted our recent rating action on New Mexico State University.
In this week’s Extra Credit, Senior Director Kevin Holloran explains what’s behind our outlook for the U.S. health care sector and Director Russell Bryce discusses special tax ratios.
In this week’s Extra Credit, Senior Director Larry Witte, from the global fixed income group, discusses second-quarter rating trends, and Senior Director Lisa Schroeer, from the local government group, talks about how GASB 67/68 factors into our pension analysis.
In this week's Extra Credit, Associate Scott Nees discusses our rating on Hillview, KY and Director Ken Rodgers talks about our rating action on the University of Oklahoma.
In this week's Extra Credit, Managing Director Peter Murphy addresses GARVEE bonds, Senior Director Ted Chapman talks about PRASA, and Anna Uboytseva discusses our rating action on Pike County Schools.
In this week’s Extra Credit, Senior Directors Larry Witte and Dave Hitchcock discuss rating trends over the past 30 years and our recent action regarding Puerto Rico’s bond payment default, respectively, and Associate Tim Little explains our rating action on Atlantic City.
In this week’s Extra Credit, credit analyst Ann Richardson discusses the findings from our report card on Texas property tax infrastructure districts, and credit analyst Christina Marin highlights the key takeaways from our report forecasting credit conditions for state and local governments.
In this week’s Extra Credit, Associate Director Shivani Singh discusses our median ratio reports on public and private universities and colleges.
In this week’s Extra Credit, Senior Director Dave Hitchcock explains our recent rating action on Puerto Rico and Senior Director Michael Stock discusses tax increment ratings after the California Redevelopment Agency dissolution.
In this edition of Extra Credit, Senior Director Larry Witte discusses the key takeaways from our quarterly ratings roundup, and Director Caroline West explains what’s behind our ratings on Allen Park, MI., including how a distressed exchange could affect the entity.
In this week’s Extra Credit, Senior Director John Sugden provides our take on recent court rulings regarding states’ pension plans, including New Jersey.
In this week’s Extra Credit, Senior Director Mikiyon Alexander explains the criteria we use to rate community development financial institutions and provides some rating examples.
In this week’s edition of Extra Credit, Managing Director Martin Arrick provides an in-depth look at provider-sponsored health plans.
In this week’s Extra Credit, Managing Director Gabe Petek talks about the current rating on California and Associate Director John Sauter discusses what's behind our ratings on Detroit Public Schools.
In this week’s Extra Credit, Associate Director Debra Boyd and Senior Director Jessica Matsumori focus on higher education, specifically our recent rating actions on Morehouse College and the California Institute of Technology.
In this Extra Credit, Director Lindsay Wilhelm discusses our ratings on Atlantic City, N.J., and Senior Director Larry Witte highlights the key takeaways from our 2014 default and rating transition report.
In this week’s Extra Credit, Senior Director Dave Hitchcock discusses our recent rating action on Puerto Rico and Director Sussan Corson and Associate Director Debra Boyd explain the rationale behind our rating actions on Louisiana’s universities.
In this week’s Extra Credit, Director Jessica Wood discusses our outlook revision on Colorado State University’s bonds and Associate Director Tim Tung discusses the impact of California’s drought and water rationing on its water utility revenue bonds.
In this week’s Extra Credit, Standard & Poor’s Senior Director Lisa Schroeer reviews this week’s rating actions and Senior Director Matthew Reining explains the rationale behind our rating action on Phoenix Civic Improvement Corp. of Arizona’s subordinated excise tax bonds.
In this week’s Extra Credit, Director Bianca Gaytan-Burrell discusses our request for comment for rating not-for-profit public and private colleges and universities.
In this week’s Extra Credit, Associate Director Carol Spain discusses how declining oil prices are affecting North Dakota’s municipalities, and Senior Director David Bodek explains what’s behind our recent rating action on California Department of Water Resources’ power bonds.
In this week’s Extra Credit, Standard & Poor’s Senior Director Kate Choban discusses our recent rating action on Willacy County LGC’s jail revenue bond and Director John Kenward explains what’s behind Chicago Public School’s rating and our thoughts on swap termination payments.
In this week’s Extra Credit, Standard & Poor’s Managing Director Robin Prunty and Senior Director John Sugden discuss our outlook on state pensions, and Director Sussan Corson explains what’s behind our rating on Sweet Briar College.
In this week's "Extra Credit," Senior Director Larry Witte discusses the fourth-quarter ratings round-up for U.S. public finance and Director Helen Samuelsson updates us on Chicago.
On this week’s Extra Credit, Managing Director Gabe Petek dispels the notion that temporary revenues are behind California's better operational financial performance, and Director Sussan Corson discusses our outlook on Louisiana.
In this week’s Extra Credit, Senior Director Jane Ridley, Director Ken Rodgers, and Senior Director Dave Hitchcock discuss our rating actions on Wayne County, Thomas Jefferson University, and Puerto Rico, respectively.
In this segment of Extra Credit, Senior Director David Bodek discusses the credit implications for public power and cooperative utilities with stakes in delayed nuclear plants, and Associate Li Yang explains what's behind our recent rating action on Kern County.
In this week’s Extra Credit, Associate Director Lindsay Wilhelm and Director Scott Garrigan discuss our recent ratings actions on Atlantic City, New Jersey.
In this week’s Extra Credit, we review the implications of oil price declines on municipalities in Texas with credit analyst Oscar Padilla and on the University of Texas Permanent University Fund with Director Bianca Gaytan-Burrell.
In this week's Extra Credit, Senior Director Jessica Matsumori and Director Jeff Panger discuss our 2015 outlook for the higher education and public power sectors, respectively.
In this week’s Extra Credit, Managing Director Robin Prunty, Senior Director Kevin Holloran, and Director Larry Witte review 2014 and provide our outlooks for the states, health care, housing, and local governments sectors.
In this week’s Extra Credit, Senior Director Kevin Holloran explains our new not-for-profit stand-alone heath care criteria and Associate Director Carol Spain provides our forecasts for state and local governments in 2015.
In this week’s Extra Credit segment, Director Ted Chapman discusses our recent water & sewer criteria request for comment and Associate Sarah Sullivant examines the credit characteristics of California City.
In this week’s Extra Credit, Standard & Poor’s Senior Director Dave Hitchcock discusses the link between Puerto Rico’s economy and its credit quality.
In this week’s Extra Credit, Standard & Poor's Director Sussan Corson weighs in on states’ OPEB liabilities and Senior Director Jessica Matsumori discusses the recent trends in higher education enrollment.
In this week’s Extra Credit, Senior Director Dave Hitchcock and Director Misty Newland discuss the impact of California's Proposition 2 on the state and its school districts, and Senior Director Jane Ridley and Director Chris Morgan provide an update on Detroit and Stockton.
In this week's Extra Credit, Ratings Specialist Omar Tabani explains what's behind our rating on Harris County Houston Sports Authority and Managing Director Martin Arrick discusses two recent bulletins on Ebola's possible impact on the health care sector.
In this week's Extra Credit, Standard & Poor's Associate Director Apple Lo discusses our credit conditions forecast and Director Larry Witte summarizes our two recent reports on housing finance agencies.
On this week’s segment of Extra Credit, Standard & Poor's Director Henry Henderson discusses our commentary on state debt and Senior Director John Sugden explains our rating action on Pennsylvania.
In this week’s Extra Credit segment, Standard & Poor’s Director Chris Morgan discusses the recent ruling in the Stockton bankruptcy case regarding the city’s pension contributions, and Director Lisa Schroeer explains the impact of our updated local government general obligation criteria one year after its application.
In this week’s Extra Credit segment, Standard & Poor's Associate Director Hilary Sutton explains what's behind our rating action on Washington, D.C., and Associate Director Carolyn McLean discusses our privatized student housing report.
In this week’s Extra Credit, Standard & Poor's Associate Director Aulii Limtiaco explains our upgrade on New York City Housing Development Corp.'s multifamily housing revenue bonds and Director Suzie Desai discusses our medians report for U.S. not-for-profit children’s hospitals.
On this week's Extra Credit, Managing Director Gabe Petek discusses our commentary on income inequality and state tax revenue, and Senior Director John Sugden explains our recent rating action on New Jersey.
In this week’s Extra Credit, Director Scott Garrigan discusses our rating actions on Detroit’s water and sewer bonds and Director Larry Witte explains what's behind our new issuer credit rating on the Massachusetts Housing Partnership Fund Board.
In this week’s Extra Credit, Standard & Poor's Director Robby Hannay discusses the credit implications of the earthquake in Napa, California, and Director Jennifer Hansen explains our recent outlook revision on the City of Los Angeles.
In this week’s Extra Credit, Standard & Poor's Associate Ashley Ramchandani explains the relationship between the state of Illinois and its public universities, and rating specialist Ann Richardson discusses the effects that classroom technology could have on school districts.
In this segment, Standard & Poor’s Director Jennifer Soule and Associate Meggie McNamara discuss the findings from our recently published reports on annual health care financial median ratios.
In this edition of Extra Credit, Standard & Poor's Senior Director Dave Hitchcock explains what's behind our recent rating action on Kansas and what could lie ahead for the state.
In this edition of Extra Credit, Standard & Poor's Director Scott Garrigan discusses our ratings on Detroit's water & sewer bonds and Director Mary Ellen Wriedt explains Congress's recent action on the Highway Trust Fund.
In this week’s Extra Credit, Standard & Poor's Associate Director Carol Hendrickson discusses our recent rating action on Cleveland and Associate Ashley Ramchandani outlines our views on Franklin Pierce University.
In this week’s Extra Credit, Standard & Poor's Senior Director David Hitchcock discusses our recent rating actions on Puerto Rico and Director Larry Witte reviews our housing criteria.
In this week’s Extra Credit, Standard & Poor's Director Jessica Wood discusses our public and private university medians report and Senior Director John Sugden highlights our state pension report.
In this edition of Extra Credit, Standard & Poor's Associate Daniel Zuccarello discusses our annual California County investment pools article, and Director Carlotta Mills explains what's behind our charter school medians.
In this week’s Extra Credit, ratings specialist Omar Tabani discusses rating trends for municipal utility districts and Associate Director Aulii Limtiaco explains what's behind our rating on Utah Housing Corp.’s home ownership mortgage-backed exempt securities (HOMES).
On this week’s Extra Credit, J.R. Rieger, global head of fixed income at S&P Dow Jones Indices, reviews municipal indices of interest over the past year, and Standard & Poor's Director Judith Waite discusses nuclear power.
In this Extra Credit segment, Standard & Poor's comments on the recent education ruling in California, Director Jessica Wood discusses our rating action on the University of Pittsburgh, and Associate Kib Park reviews The U.S. Housing And Urban Development Department’s rental assistance demonstration program.
On this week’s Extra Credit, Standard & Poor's Senior Director Kevin Holloran discusses what's behind the increased transparency in the health care sector and Senior Director John Sugden discusses our CreditWatch negative listing on New Jersey.
On this week’s Extra Credit, Standard & Poor's Director Joseph Pezzimenti discusses our commentary on transit system credits, post- Hurricane Sandy, and Senior Director David Bodek explains how the storm affected certain electric utilities.
On this week’s Extra Credit, Standard & Poor's Associate Director Tim Tung explains how climate change has affected California water enterprises and Director Henry Henderson discusses what's behind our rating actions on 38 Studios and Rhode Island.
In this week’s segment of Extra Credit, Standard & Poor’s Senior Director James Breeding cover the key takeaways from our recent article on water and sewer ratios, and Managing Director Martin Arrick and Associate Sarah Sullivant discuss our first-quarter ratings roundup.
On this week’s segment of Extra Credit, Associate Director Kate Burroughs discusses our rating on the San Mateo county and Ratings Specialist Ann Richardson talks about financial exigency in a Texas school district.
On this week's segment of Extra Credit, Director Suzie Desai discusses our rating action on SSM Health Care, Director Sussan Corson explains our outlook revision on New Hampshire, and Director Ken Gacka reviews our rating actions on Daughters Health System and Scripps Health.
On this week’s segment, Standard & Poor's Director Caroline West explains what's behind our rating action on Cincinnati, Ohio, and Associate Director Carol Hendrickson discusses our recent commentary on local governments and housing authorities.
In this week’s Extra Credit, Standard & Poor’s Managing Director Gabe Petek discusses our quarterly forecast for public finance, and Capital IQ’s Greg Carlin explains how recent trends could impact municipal markets.
In this Extra Credit segment, Standard & Poor’s Senior Director John Sugden explains what’s behind our recent rating action on New Jersey, Director Adam Torres discusses the Pennsylvania Turnpike’s cost mandates, and Director Kate Choban covers our rating action on Parkway East.
In this week’s segment of Extra Credit, Standard & Poor’s Director Bianca Gaytan-Burrell discusses the effects of major college sports on higher education credits, and Director Paul Dyson summarizes the rating changes following Standard & Poor’s release of revised criteria for mass transit systems around the world.
In this week’s segment of Extra Credit, Standard & Poor's Associate Luke Gildner discusses what's behind our rating on the University of Texas system and Director Larry Witte explains delinquencies' impact on housing finance agency ratings.
In this segment of Extra Credit, Standard & Poor’s Associate Director Bryan Moore discusses our rating action on North Las Vegas, Nevada, and Managing Director Robin Prunty explains what's behind Massachusetts’s new bond program.
In this week's segment of Extra Credit, Standard & Poor's Associate Director Aulii Limtiaco discusses our rating action on Seattle's housing authority and Associate Director Chris Morgan explains our action on West Brandywine Township in Pennsylvania.
In this edition of Extra Credit, Standard & Poor’s Senior Director Jane Ridley discusses the similarities and differences between Detroit and Chicago, and Senior Director Laura Kuffler-Macdonald explains our outlook for charter schools.
In this week's Extra Credit segment, Standard & Poor's Director Jessica Matsumori discusses our outlook on the University of Chicago and Associate Director Jennifer Hansen provides a credit example for a direct purchase.
On this week's segment of Extra Credit, Standard & Poor's Lead Analytical Manager Geoff Buswick discusses disclosure needs on alternative financings and Director Adam Torres explains what lies ahead for infrastructure funding.
On this week’s segment of Extra Credit, host Lisa Schroeer reviews what's behind the recent rating actions Standard & Poor's took on entities across the U.S. and Director Jessica Matsumori discusses our outlook on the higher education sector.
On this week’s segment, Standard & Poor’s Senior Director Dave Hitchcock explains our rating actions on about $30 billion of Puerto Rico’s debt, Associate Director Tim Tung reviews the financial impact of California’s drought, and Associate Director Beatriz Peguero discusses how the Volker rule affects housing sector financing.
On this week’s segment of Extra Credit, Standard & Poor’s Managing Directors Victor Herrera and Horacio Aldrete explain why Texas and Mexico continue to benefit the most from the North American Free Trade Agreement (NAFTA) and Director Ted Chapman discusses the implications of the infrastructure funding gap.
On this week's Extra Credit segment, Standard & Poor's Director Paul Dyson breaks down our new mass transit criteria, and Senior Director Gabe Petek explains our recent outlook revision on California.
In this week's Extra Credit segment, Standard & Poor's Associate Katilyn Pulcher explains how we factor pension and OPEB obligations into our local government ratings, and Associate Director Aulii Limtiaco discusses our rating action on the California Housing Finance Agency.
This week's segment features Standard & Poor's Directors Lisa Schroeer and Ted Chapman, who carry out a year-end review of 2013’s main topics and ratings, and Senior Director Gabe Petek, who discusses our sector outlook for 2014.
In this week's segment, Standard & Poor’s Managing Director Robin Prunty discusses the latest developments affecting pension reform in Illinois, Associate Robert Dobbins spotlights the trends shaping credit quality at law schools, and Director Mikiyon Alexander highlights what’s happening in the public finance housing sector.
In this week’s Extra Credit segment, Standard & Poor’s Senior Director Dave Hitchcock takes a big picture look at states’ other post-employment benefit liabilities, and Managing Director Martin Arrick and Senior Director Jane Ridley explain our recent request for comment on standalone hospitals and the latest developments in Detroit, respectively.
This week on Extra Credit, Standard & Poor’s Director Liz Sweeney explains our new group ratings methodology and Associate Avani Parikh discusses two recently published articles covering small and speculative-grade hospitals.
In this week’s Extra Credit segment, Standard & Poor’s Director Paul Dyson explains our recent rating action on Guam’s general obligation bonds, and Directors Mary Ellen Wriedt and Ted Chapman review our ratings on airports and utilities, respectively.
In this week’s Extra Credit segment, Standard & Poor's Director Kevin Holloran explains what's behind our rating action on Parkland Hospital District, and Director James Breeding discusses the preliminary rating on Jefferson County’s revenue bonds.
In this edition of Extra Credit, Standard & Poor's Senior Director David Hitchcock explains what's behind our rating on Puerto Rico, and host Lisa Schroeer reviews rating trends in the U.S. public finance sector and our quarterly ratings roundup.
This week's segment features Standard & Poor’s Associate Meggi McNamara, who looks at the U.S. not-for-profit senior living sector’s key ratios and rating trends, and Director Robert Hannay, who explains what's behind our rating on Vallejo’s water revenue bonds.
In this week’s segment, Standard & Poor’s Director Lisa Schroeer reviews our latest rating actions and reports, including the District of Columbia’s Institutional Framework, and Director Kevin Holloran explains the ratings impact of mergers in the not-for-profit healthcare sector.
This week's segment features Standard & Poor’s Director Liz Sweeney, who discusses what’s behind our recent rating action on Catholic Health Initiatives, and Director Steve Tencer, who explains how a deal with a soft put option works.
This week, host Lisa Schroeer reviews our quarterly forecast for U.S. state and local government credit quality, Senior Director John Sugden and Director Joseph Pezzimenti explain the possible credit implications of the federal shutdown, and Managing Director Horacio Aldrete-Sanchez discusses our rating action on Texas.
This week, “Extra Credit” focuses on the U.S. infrastructure and power sectors with Standard & Poor's Director Jeff Panger discussing the potential credit implications of recent EPA regulations and Associate Director Jennifer Garza explaining the impact of delayed capital projects on governments.
This week’s segment focuses on credit reviews based on Standard & Poor's recently revised local government general obligation criteria. In addition, Director Helen Samuelson explains the pension pressures that led to our outlook revision on Chicago, and Director John Kenward discusses Illinois’s complex local government structure.
“Extra Credit” focuses on developments in affordable housing and higher education this week, as host Lisa Schroeer discusses rating trends for housing finance agencies with Associate Directors Moraa Andima and Stephanie Morgan. In addition, Director Jessica Matsumori talks about S&P’s view on how private universities are handling rising tuition and new questions about affordability.
In this week’s segment, Director Robert Hannay explains our rating action on Portland’s wastewater revenue bond, Associate Directors Ken Gacka and Jessica Goldman review recent health care commentaries, and Associate Director Santos Souffront discusses the New York Development Corp.’s housing deal issuance.
Standard & Poor's analysts assess emerging trends in the state and local government sector in this week’s episode of Extra Credit. Linda Yip explains what's behind our outlook revision on Allegheny County and the evolution of the Pittsburgh metropolitan area's economy. Also, Andrew Teras identifies our concerns about proposals to end popular tax programs, which may indirectly raise borrowing costs for state and municipalities.
This week’s episode focuses on infrastructure. Standard & Poor’s Director James Breeding explains the developments that led to our rating action on Atlanta’s water and wastewater debt. In addition, Directors Ted Chapman and Judith Waite examine credit quality in the public power sector, including the recent issues from the Tennessee Valley Authority and Puerto Rico Electric Power Authority.
In this episode of “Extra Credit”, our mobile municipal finance podcast, Standard & Poor’s Associate Director Bryan Moore explains the rationale behind our recent rating action on North Las Vegas, and Senior Director Gabe Petek discusses our second-quarter ratings roundup and California’s revenue anticipation notes issuance.
In this episode of “Extra Credit”, our mobile municipal finance podcast, Standard & Poor’s Associate Director Chris Morgan explains our rating action on San Francisco Community College District’s general obligation bonds and Associate Sarah Sullivant discusses the trends shaping tax and revenue anticipation note issuance.
In this episode of “Extra Credit”, our mobile municipal finance podcast, Standard & Poor’s Director Larry Witte discusses our outlook for U.S. housing finance agencies and Associate Director Jessica Wood explains what’s behind our public and private university median ratios. In addition, host Lisa Schroeer reviews the week’s rating actions.
In this special edition of "Extra Credit", our mobile municipal finance podcast, Standard & Poor's credit analyst Jane Ridley discusses Detroit’s recent bankruptcy filing and our rating responses.
In this episode of “Extra Credit”, our mobile municipal finance podcast, municipal enterprise group analyst Robert Dobbins explains our recent downgrade on an Idaho charter school. And credit analysts Dave Hitchcock, Henry Henderson, and Jane Ridley discuss the different roles for state support using Central Falls, RI, and Detroit as examples.
In this episode of “Extra Credit”, Standard & Poor’s mobile municipal finance podcast, credit analyst Andrew Teras discusses the unusual credit characteristics that spurred our rating action on the city of Pittsburgh. In addition, credit analyst Gabriel Petek explains the broad implications of California’s recently enacted budget.
In this second episode of “Extra Credit”, our mobile municipal finance podcast, infrastructure analyst Scott Garrigan discusses Detroit’s water and sewer system and the differences between the city’s general obligation and revenue debt. In addition, credit analyst John Sugden explains Rhode Island’s moral obligation pledge for the controversial 38 Studios project.
Extra Credit”, our new weekly podcast, delivers a mobile overview of trends, rating actions, and credit commentary on the week's most pressing municipal market issues. In this first segment, analyst Jane Ridley discusses our downgrade of Detroit, and analyst Jessica Wood examines pensions, state funding, and credit quality in Illinois’ higher education sector.