Thumbs-down: Without the nod from Springfield, Fitch Ratings said the mayor shouldn’t see her proposal as a balanced budget. “A portion of the gap-closing measures rely on new revenues which require state action to implement. If these are not realized as expected, the city will need to make additional mid-year budgetary adjustments to compensate,” Arlene Bohner, head of state and local government ratings for Fitch Ratings, said in an emailed statement. "Fitch will not consider the city’s budget to be structurally balanced until recurring revenues match recurring expenses (including actuarial funding of pension contributions), which cannot begin to be achieved until the pension ramp is surmounted.”