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Oakland’s Credit Rating Cut by Fitch
Oakland’s Credit Rating Cut by Fitch as California City Tries to Plug Budget Gaps
Oakland, California, had its credit rating cut two levels by Fitch Ratings, which cited the challenge of plugging budget gaps amid a change in political leadership.
Oakland's credit rating cut amid budget deficits and political turmoil
Fitch cut Oakland's credit rating to A from AA-, citing the city's budget troubles and an uncertain path to addressing them amid political turnover.
Oakland’s credit rating cut by Fitch as city tries to plug budget gaps
Oakland’s mayor lost a recall vote last month, about two years after winning office, and Fitch said pressure to improve public safety was a contributor to the result.
The Bond Buyer
2d
Oakland receives Fitch downgrade as city flirts with insolvency
The trifecta of sports team exits, homelessness and city leadership turnover has placed the San Francisco Bay area city on ...
14d
Health care leviathan Kaiser shrinks downtown Oakland footprint again
In recent months, Kaiser sold two office properties in downtown Oakland: — In August 2024, Kaiser Foundation Health Plan sold ...
Becker's Hospital Review
9d
88 health systems with strong finances
the
ratings
agency said. Kaiser Permanente has an "AA-" rating and stable outlook with
Fitch
. The
Oakland
, Calif.-based system's rating is driven by its strong financial profile, bolstered by a ...
McKnight's Senior Living
3d
Fitch upgrades CCRC outlook to neutral following pandemic-era dip
Following a rocky start to 2024, the outlook for CCRCs looks brighter heading into 2025, according to a report released ...
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