Newman, Emily; Albanse, Elizabeth
November 2004
Bond Buyer;11/3/2004, Vol. 350 Issue 32003, p2
Trade Publication
The article presents information on topics related to financial deals and developments in the United States. Colorado Governor, Bill Owens on November 1, 2004 submitted a proposed 5.7 billion dollars budget for fiscal 2005 to lawmakers. The 5.7 billion dollars number includes only state revenues. The entire state budget is expected to be in the 13.5 billion dollars range. Moody's Investors Service Inc. said that credit downgrades on public finance housing exceeded upgrades during the third quarter of 2004, reflecting the weakness in the local multifamily sector.


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