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1 List of general obligation bond rankings. 2 Historic S&P Global Rankings. ... California: AA- Aa2 [2] AA March 1, 2022 [7 ... State 2021 2020 2019 2018 2017 2016 ...
Financial data are available at the state and school district levels. The K-12 public education data can be helpful to voters in local school parcel tax and local school general obligation bond election campaigns. The California Secretary of State provides detailed lobbying activity data on the Cal-Access website. [121]
A municipal bond, commonly known as a muni, is a bond issued by state or local governments, or entities they create such as authorities and special districts. In the United States, interest income received by holders of municipal bonds is often, but not always, exempt from federal and state income taxation.
Tax-Free Interest: Most municipal bonds are exempt from federal income tax and some may also be state- and local-tax-free. Low Risk: Because they are backed by government entities, muni bonds have ...
Bond rating company Moody's (MCO) has downgraded the State of California's general obligation (known as "GO") bonds to Baa1, from a level of A2. The new rating is three notches above "junk" status.
State and local governments issue muni bonds in order to finance a variety of public projects, ranging from general budget outlays to specific uses like building sewers or schools.
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