Sumner (County of ) TN, General Obligation Variable Rate School Capital Outlay Notes, Series 2003, $20MM Credit Rating

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Date	Document Type	Title	Source
18 Dec 2018	Sector In-Depth	Local government - US: Adjusted net pension liabilities rise for most of the 50 largest local governments in 2017	Moody's Investors Service
18 Dec 2018	Sector In-Depth	Local government - Pennsylvania: Rural communities bear the brunt of demographic and economic challenges	Moody's Investors Service
18 Dec 2018	Sector In-Depth	Local government - New Mexico : Pension burdens will continue to weigh on credit quality, prompting potential reform	Moody's Investors Service
17 Dec 2018	Sector In-Depth	Community colleges with tax-backed debt - Texas: Enrollment remains high despite a tight labor market	Moody's Investors Service
17 Dec 2018	Sector Comment	Cross-sector: Likely appeal of judge's ruling on healthcare law means no immediate credit effect for states, hospitals or insurers	Moody's Investors Service
17 Dec 2018	Sector Comment	Local government - Texas: Apple’s expanding Austin presence will boost region's competitive advantage in tech industry	Moody's Investors Service
14 Dec 2018	Sector Comment	Charter schools - US: First US charter school strike is a potential credit negative for the sector	Moody's Investors Service
14 Dec 2018	Sector In-Depth	Local government - Illinois: Ability to absorb pension costs supports exceptional credit quality for some cities	Moody's Investors Service
13 Dec 2018	Compilation	Weekly Credit Outlook - US PFG: December 13, 2018	Moody's Investors Service
12 Dec 2018	Outlook	Public finance - US: 2019 Outlooks	Moody's Investors Service
10 Dec 2018	Sector In-Depth	Cross-Sector - US: States’ flexibility to reshape ACA marketplaces will have mixed impact	Moody's Investors Service
06 Dec 2018	Outlook	Airports - US: 2019 outlook remains positive but enplanement growth will slow	Moody's Investors Service
06 Dec 2018	Compilation	Weekly Credit Outlook - US PFG: December 6, 2018	Moody's Investors Service
06 Dec 2018	Outlook	States - US: 2019 outlook remains stable with growing revenue and adequate reserves	Moody's Investors Service
05 Dec 2018	Outlook	Public ports - US: 2019 outlook stable amid healthy demand, but spending and pricing pressures persist	Moody's Investors Service
05 Dec 2018	Sector In-Depth	Public finance - US: Self-liquidity report: Third quarter 2018	Moody's Investors Service
05 Dec 2018	Sector Comment	Municipal Supported Products – US: Credit and liquidity commitments increase in Q3 as municipal issuers replace direct purchases with VRDBs	Moody's Investors Service
05 Dec 2018	Outlook	Water and sewer utilities - US: 2019 outlook stable as debt service coverage strengthens but capital needs rise	Moody's Investors Service
05 Dec 2018	Outlook	Local government - US: 2019 outlook remains stable with tax revenue to grow modestly	Moody's Investors Service
04 Dec 2018	Outlook	Higher education - US: 2019 outlook remains negative with continued low net tuition revenue growth	Moody's Investors Service
04 Dec 2018	Sector In-Depth	Regulated Electric and Gas Utilities - US: Climate-related disclosures by four major utilities vary in both depth and scope	Moody's Investors Service
03 Dec 2018	Outlook	Not-for-profit and public healthcare - US: 2019 outlook remains negative amid glimmers of stability	Moody's Investors Service
03 Dec 2018	Outlook	Government-owned toll roads - US: 2019 outlook remains stable as traffic and revenue growth normalizes	Moody's Investors Service
29 Nov 2018	Outlook	Not-for-profit organizations - US: 2019 outlook stable with investment returns supporting revenue growth	Moody's Investors Service
29 Nov 2018	Compilation	Weekly Credit Outlook - US PFG: November 29, 2018	Moody's Investors Service
29 Nov 2018	Outlook	Community colleges with revenue-backed debt - US: 2019 outlook stable with steadying enrollment, higher state and local revenue	Moody's Investors Service
29 Nov 2018	Outlook	Independent schools - US: 2019 outlook stable with healthy demand and stronger balance sheets	Moody's Investors Service
28 Nov 2018	Sector Comment	Local government - Ohio, Michigan and Maryland: General Motors' plant closures underscore the importance of economic diversity	Moody's Investors Service
20 Nov 2018	Sector In-Depth	Airports - US: Fiscal 2017 Medians: Economic growth, lower fares underpin financial performance	Moody's Investors Service
15 Nov 2018	Sector Comment	New York City, District of Columbia and Arlington, VA: Washington DC and New York metro areas will benefit from Amazon's second headquarters	Moody's Investors Service
15 Nov 2018	Compilation	Weekly Credit Outlook - US PFG: November 15, 2018	Moody's Investors Service
14 Nov 2018	Sector Comment	Local government - California: Deadly California fires will likely only impair select local governments' credit quality	Moody's Investors Service
14 Nov 2018	Sector In-Depth	Higher education - US: Competition and affordability focus stifle pricing power and tuition revenue growth	Moody's Investors Service
13 Nov 2018	Sector In-Depth	Local government - US: Amazon's HQ2 decision highlights cities' prime competitive advantages	Moody's Investors Service
11 Nov 2018	Sector Comment	Public K-12 school districts - Wisconsin : Voters approve majority of districts seeking tax cap override in bid to boost local revenue, a credit positive	Moody's Investors Service
09 Nov 2018	Sector Comment	State and local government - Nebraska: Nebraska's Medicaid expansion will be financed at the expense of downstream entities, negative for school districts	Moody's Investors Service
07 Nov 2018	Sector Comment	Local government - Maryland: Voters mandate gambling revenue bolster education funding, a credit positive for counties and City of Baltimore	Moody's Investors Service
07 Nov 2018	Compilation	Weekly Credit Outlook - US PFG: Elections - November 7, 2018	Moody's Investors Service
07 Nov 2018	Sector Comment	State government - US: Voters in three states support expanded Medicaid coverage, a positive for states that expanded it earlier	Moody's Investors Service
07 Nov 2018	Sector Comment	Local government - Illinois: Springfield, Illinois-area schools will benefit from tax hike	Moody's Investors Service
07 Nov 2018	Sector Comment	State government - US: Approved ballot measures restrict states' fiscal flexibility, a credit negative	Moody's Investors Service
07 Nov 2018	Sector Comment	Community colleges with revenue-backed debt - US : Voters back funding measures for community colleges in New Jersey and Colorado, a credit positive	Moody's Investors Service
07 Nov 2018	Sector Comment	Public colleges & universities - Florida: Amendment passes requiring supermajority vote to increase student fees, a credit negative	Moody's Investors Service
07 Nov 2018	Sector Comment	Cross-Sector - US: Next Congress is unlikely to change direction of US policy	Moody's Investors Service
07 Nov 2018	Sector Comment	Public K-12 school districts - Florida: South Florida school districts pass ballot measures to bolster security and increase teacher salaries, a credit positive	Moody's Investors Service
07 Nov 2018	Sector Comment	Local government - Florida: Voter rejection of increased homestead property tax exemption is credit positive for local governments	Moody's Investors Service
07 Nov 2018	Sector Comment	State government - US: Voters show mixed support for higher state taxes to fund transportation and schools	Moody's Investors Service
07 Nov 2018	Sector In-Depth	Public K-12 school districts - Colorado: Pension reform benefits Colorado schools, but leverage and funding challenges remain	Moody's Investors Service
07 Nov 2018	Sector Comment	State and local government - Arizona: Arizona voters approve pension changes for correctional officers, a credit positive	Moody's Investors Service
07 Nov 2018	Sector Comment	State and local government - US: Negative cash flow, investment volatility hinder funding improvement by public pension systems	Moody's Investors Service

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