Even still, prudence will be paramount in deciding where ESF funds will be administered and in what manner.
Search Credit Rating
S&P Follows Moody’s In Downgrading Houston
Houston’s growing general obligation debt has caused Moody’s Investor Services to downgrade the city’s outlook. S&P has followed suit in changing their outlook, too.
Protecting the ESF Needs ‘Special’ Attention
A healthy reserve in the ESF will help Texas weather the storms, both literal and economic, that we will undoubtedly face in the future.