Latest Updates: Related to Inflation

School District Credit Quality is Strong, Former Mayor Bloomberg is Overreaching

06/02/2022
  • Former mayor of New York City Michael Bloomberg’s analysis suffers from selection bias, and his conclusion that classrooms will be “half-empty” is an overreach.
  • We still have a “Positive” outlook on the school district sector. We continue to expect public finance, and school district rating upgrades will outpace downgrades in 2022.
  • The substantial amount of federal aid to public finance entities, including schools, will allow a softer landing during this and near-term budget planning. However, we are on the look-out to make sure that individual entities do not lose structural balance.

Download the full article

Read more Municipal Commentary 

Learn More From HilltopSecurities

VIDEO: CNBC – Trading the tax-free market

FAQ: The Impact of ESG Disclosure on the U.S. Municipal Market

REVISED: The Municipal Market in 2022, Due to the COVID-19 Paradigm Shift

Thank you for visiting the HilltopSecurities website.
For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.