--- title: "標普因 “結構性不平衡運營” 下調了新奧爾良的信用評級" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/282112069.md" description: "標準普爾全球評級已將新奧爾良的普通債務評級下調至 BBB+，前景為負面，原因是財政結構失衡以及預計 2025 財年將出現 1.6 億美元的赤字。該市在實現財政穩定方面面臨挑戰，依賴一次性措施和借款來維持流動性。這是在穆迪之前的降級之後，突顯出在數十年的民主黨治理下持續的財政壓力。分析師對該市在 2027 年前實現收支平衡的能力表示懷疑，原因是面臨重大預算挑戰" datetime: "2026-04-09T00:32:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282112069.md) - [en](https://longbridge.com/en/news/282112069.md) - [zh-HK](https://longbridge.com/zh-HK/news/282112069.md) --- # 標普因 “結構性不平衡運營” 下調了新奧爾良的信用評級 New Orleans, home to Mardi Gras and muffulettas, has been governed by Democrats for decades, so it should come as little surprise that **S&P Global Ratings has slashed the city's obligation rating** to the third-lowest level of investment grade and placed it on a negative outlook. S&P Global Ratings cut New Orleans' general obligation rating by one notch to BBB+ with a negative outlook, citing structurally imbalanced finances, shrinking reserves, and growing reliance on one-time desperate measures to meet cash needs. "The downgrade and negative outlook reflect the **city's structurally imbalanced operations**, **declining reserves and liquidity**, and need to rely on multiple one-time measures to meet short-term cash needs, including additional borrowing for operating liquidity," S&P Global Ratings analysts Alex Louie and Sarah Sullivant wrote in the report. The **downgrade serves as a warning** of worsening fiscal strain, with the city projecting a $160 million deficit in fiscal 2025 and continuing to rely on stopgap measures, including borrowing to maintain operating liquidity, tapping external funds, and maintaining hiring freezes and furloughs. The analysts continued, "Despite these measures, **we believe the city still faces substantial challenges** in achieving those goals and has a history of management projections not meeting actual audited results." In February, **Moody's downgraded the city's credit rating** by two notches to the bottom of investment grade and warned investors about risks to future bond sales amid a budget crisis. New Orleans' rapidly deteriorating credit profile comes as no surprise, given that **Democrats have governed the metro area for a generation**. Here is the list of the mayors: - Helena Moreno, 2026 to present, Democrat - LaToya Cantrell, 2018 to 2026, Democrat - Mitch Landrieu, 2010 to 2018, Democrat - Ray Nagin, 2002 to 2010, Democrat, after previously switching from the Republican Party - Marc Morial, 1994 to 2002, Democrat - Sidney Barthelemy, 1986 to 1994, Democrat - Ernest N. Morial, 1978 to 1986, Democrat - Moon Landrieu, 1970 to 1978, Democrat S&P Global Ratings analysts noted that although the city expects balanced operations in 2027, "**given the city's significant budget and operational challenges, achieving structural balance could take longer**." **For some history**, thelast Republican mayor ofNew Orleans was Benjamin Flanders,who served from 1870 to 1872. ### 相關股票 - [DIA.US](https://longbridge.com/zh-HK/quote/DIA.US.md) - [MCO.US](https://longbridge.com/zh-HK/quote/MCO.US.md) - [PRIV.US](https://longbridge.com/zh-HK/quote/PRIV.US.md) - [DDM.US](https://longbridge.com/zh-HK/quote/DDM.US.md) - [VOO.US](https://longbridge.com/zh-HK/quote/VOO.US.md) - [SPGI.US](https://longbridge.com/zh-HK/quote/SPGI.US.md) ## 相關資訊與研究 - [標普將墨西哥評級展望從穩定下調至負面](https://longbridge.com/zh-HK/news/286259918.md) - [美股高貴不貴 企業獲利支撐本益比 市值產業型美股 ETF 看俏](https://longbridge.com/zh-HK/news/286988455.md) - [美最高院駁回維州選區重劃上訴 民主黨期中選舉受挫](https://longbridge.com/zh-HK/news/286630517.md) - [標普全球宣佈第二季度股息 | SPGI 股票新聞](https://longbridge.com/zh-HK/news/286969622.md) - [穆迪將墨西哥評級下調至最低投資級 稱財政實力持續減弱勢頭將持續](https://longbridge.com/zh-HK/news/287134190.md)