Featured Municipal Bond in the Market, Week of 11/28/2016: District of Columbia General Obligation Bonds - $578 Million This week’s featured bond comes from the District of Columbia. The District is issuing general obligation bonds in the amount of $578 million the...
Month: November 2016
Shared Success: 2015 Personal Income Growth
Personal Income Growth in 2015 Is Shared by the Overwhelming Majority of U.S. Counties; Evidence That Economic Recovery is Broadly Distributed The Bureau of Economic Analysis (BEA) released its 2015 personal income numbers for all 3,113 counties in the U.S. 82%...
Featured Bond: Adventist HealthCare Revenue Bonds – $270 Million
Featured Municipal Bond in the Market, Week of 11/21/2016: Maryland Health and Higher Educational Facilities Authority, Issuing for Adventist HealthCare Revenue Bonds – $270 Million This week’s featured bond comes from the State of Maryland. The Maryland Health and...
State and Local Government 2015 Audit Times Take a Step Backward
Municipal Government Audit Times Likely Affected by GASB Pension Rules A longstanding complaint among municipal bond analysts and investors is that municipal bond credit disclosures are slow to be reported, and not as timely as they are for other securities in the...
A Tale of Three Cities: Employment Picture Continues to Improve in U.S. Cities, Imbalanced Progress
Three Cities Show Three Images of Employment Picture Fortunes The Bureau of Labor Statistics released its Metropolitan Statistical Area (MSA) unemployment figures for September 2016 earlier this month. Of the 387 official metro areas in the United States, 224 (58%)...
Fiscal Distress Myths and Realities Part VI: Types of Public Debt Honored in Full in Chapter 9
Part VI of James Spiotto’s Series on Fiscal Distress Myths & Realities: Public Debt That Has A Pledge of Special Revenues or Statutory Liens is to be Unimpaired in Chapter 9 Bankruptcy and is to Have the Benefit of the Bargain Honored in Full Myth: All Municipal...
Richmond Revenue Bonds – Water & Gas – $491 Million | MuniNet Featured Bond
Featured Municipal Bond in the Market, Week of 11/14/2016: Richmond VA Gas, Water & Wastewater Funds Revenue Bonds – $491 Million This week’s featured bond comes from the State of Virginia. The City of Richmond's gas, water, and wastewater funds is scheduled to...
Into the Gap: State Retirement Savings Systems Empower Workers
State Retirement Savings Plans Provide Opportunities for Small Businesses and Their Employees Offering retirement plans is a widely practiced benefit offering among U.S. employers. However, the vast majority of those plans are offered by large companies with 500 or...
Fiscal Distress Myths and Realities Part V: Factors that Help Prevent Municipal Default
Part V of James Spiotto’s Series on Fiscal Distress Myths & Realities: Factors That Have Helped Prevent State and Local Government Defaults and Municipal Bankruptcies Myth: There is Nothing Special About State and Local Governments that Would...
State of Mississippi General Obligation Bonds – $227 Million | MuniNet Featured Bond
Featured Municipal Bond in the Market, Week of 11/07/2016: State of Mississippi General Obligation Bonds – $227 Million This week’s featured bond comes from the State of Mississippi. Mississippi is scheduled to issue $227 million in General Obligation Bonds the week...