Moody's Investment Services

Moody’s Removes Negative Outlook
11:31 am
Mon March 18, 2013

Burlington Credit Rating Drops

Burlington has received some good news and some bad news in regards to its credit rating.

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Budget Talks Continue
8:42 pm
Wed February 6, 2013

Staff Cuts/Tax Hike in Burlington

It appears Burlington will have to cut staff and raise taxes to balance the city's budget for the upcoming fiscal year.

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Downgrade by Moody’s
5:53 pm
Fri December 14, 2012

Illinois Given Negative Credit Rating

Credit Rich Egger

Moody's Investors Services downgraded the credit outlook for the state of Illinois from stable to negative. The service cited the "severe pension funding shortfall."

Illinois Treasurer Dan Rutherford said Illinois has the worst credit rating of any state in the US.

“If this doesn't get fixed, then I would hope that those out there that look for services of their Illinois government, to understand that there will be absolutely no ability to increase or even perhaps sustain their funding level," Rutherford said. 

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38 New Policies
7:52 am
Fri November 9, 2012

Burlington Addressing Finances

Burlington is taking steps to get its financial house in order.

Burlington is taking steps to get its financial house in order.

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