MuniNet Guide Archive
Tollroads Show Strongest Growth in Total Revenue Growth
Tollroads Edge Hospitals for the Municipal Bond Credit Sector Revenue Honors Tollroad and Hospital Sectors easily led all other municipal bond credit sectors when it came to annual total revenue growth over the recent five year period spanning 2012 through 2017....
Featured Bond: City of Miami Beach, Florida $152 Million General Obligation & Refunding Bonds
Featured Bond - Week of April 15, 2019: The City of Miami Beach Florida $152 Million in General Obligation and Refunding Bonds Overview The City of Miami Beach, Florida is scheduled to issue Series 2019 Bonds to fund multiple infrastructure projects in the realms of...
Featured Bond: $115 Million City of Houston Convention & Entertainment Facilities Department
Featured Bond - Week of April 8, 2019: The City of Houston's $115 Million Hotel Occupancy Tax and Special Revenue and Refunding Bonds Overview Houston is issuing $115 million Hotel Occupancy Tax and Special Revenue and Refunding Bonds Series 2019 through its...
The First Circuit Court of Appeals Ruling on ‘Assured’ Should be Reheard or Reversed; Recent Ruling Sends a Harsh Message to Municipal Bond Market
( ) Why the Municipal Bond Market Expects Pledged Special Revenues to be Timely Paid to Bondholders in a Chapter 9 Proceeding. And, Why the First Circuit's Assured Ruling in Puerto Rico’s PROMESA Title III Proceeding Should Be Reheard or Reconsidered on Appeal....
Featured Bond: Collier County, Naples FL – Water & Sewer District $78.54 Million Revenue Bonds
Featured Municipal Bond Issue, Week of April 1, 2019: Collier County (Naples, FL) Water and Sewer District — $78.54 Million Overview This week, MuniNet features the county of Collier in Naples, FL. During the week of April 1st, the County intends to issue by...
Featured Bond — City of Chicago $700 million in General Obligation Bonds
The City of Chicago is issuing $700 Million in General Obligation Bonds This Week's Featured Municipal Bond is a $700 Million General Obligation Issue by the City of Chicago. The City will fund a variety of capital projects and pay down its outstanding...
Featured Bond: Indianapolis Local Public Improvement Bond Bank, $610.5 Million Community Justice Campus Bonds
Featured Municipal Bond Issue: – Indianapolis Local Public Improvement Bond Bank to Issue $610.5 Million Justice Campus Bonds for Courthouse & Jail Complex Our featured new issue municipal bond of the week is the Indianapolis Public Improvement Bond Bank, which...
Featured Municipal Bond Issue: $304 Million Dallas Area Rapid Transit Senior Lien Sales Tax Revenue Refunding Bonds
Featured Municipal Bond Issue: – Dallas Area Rapid Transit Senior Lien Sales Tax Revenue Refunding Bonds, Series 2019 Our featured new issue municipal bond of the week is Dallas Area Rapid Transit, which is planning to negotiate the sale of a refunding issue to...
Featured Bond — State of California to Issue $2.3 Billion Offering
State of California Issuing $2.3 Billion in General Obligation Bonds OUR FEATURED MUNCIPAL BOND OF THE WEEK IS THE NATION'S LARGEST STATE -- CALIFORNIA. THE STATE OF CALIFORNIA IS SET TO ISSUE $2.3 BILLION IN GENERAL OBLIGATION BONDS TO FINANCE $250 MILLION IN...
Featured Bond: State of Louisiana $309 Million GO Bonds
Featured Bond: State of Louisiana -- $309 Million General Obligation Bonds State of Louisiana to sell $309.8 Million General Obligation Bonds by Competitive Bid on February 21, 2019 The MuniNet featured new issue municipal bond of the week is the State of...
Featured Bond: $941.5 Million District of Columbia General Obligation Bonds
Washington, D.C. Issuing $941.5 General Obligation Bonds Featured Municipal Bond in the Market, Week of 2/11/2019: District of Columbia General Obligation Bonds This week’s featured bond comes from the nation's capital, Washington, DC. The District is issuing general...
PUERTO RICO’S REPUDIATION OF GENERAL OBLIGATION BONDS
PUERTO RICO’S REPUDIATION OF GENERAL OBLIGATION BONDS: A REAL RISK OR JUST KABUKI THEATER By James E. Spiotto On January 14, 2019, the Financial Oversight and Management Board, acting through its Special Claims Committee and the Official Committee of Unsecured...
Featured Bond: State of Oregon To Issue $518.9 Million GO Bonds
Photo via Good Free Photos Featured Municipal Bond Issue: State of Oregon - General Obligation Bonds – $518.9 Million Our featured new issue municipal bond of the week is the State of Oregon. The Bonds The State of Oregon is issuing general obligation bonds in the...
Worried About Public Pensions? Counties Often Have Lower Burdens
Counties Often Underappreciated Despite Generally Improving Fund Balances and Lower Debt and Pension Liabilities By Richard A. Ciccarone County governments are generally a good place to start your search for governments with positive financial conditions as well as...
Featured Bond — Shelby County, Tennessee $243.3 Million GO Bonds
Shelby County, Tennessee Issuing $243. 3 million GO County and Public Improvement & School Bonds Our featured new issue muncipal bond of the week is Shelby County, Tennessee, home to the City of Memphis. Shelby County is set to issue $243,325,000 General...
Featured Bond — City and County of Honolulu, Hawaii General Obligation Bonds
The City & County of Honolulu, Hawaii --$250 million GO Bonds for Rail Transit Project Photo via https://www.goodfreephotos.com/ The City and County of Honolulu is issuing $250,340,000 General Obligation Bonds to finance the rail transit project under...
Featured Bond: NYC Water Finance Authority
New York City Water Finance Authority – $450 Million | MuniNet Featured Bond Satellite Image of New York City , Courtesy of https://www.goodfreephotos.com Featured Municipal Bond Issue, Week of January, 14 2019: New York City Water Finance Authority Water and Sewer...
Featured Municipal Bond Issue: Georgetown University — $632 Million in Taxable Revenue Bonds
Featured Municipal Bond Issue, Week of 1/7/2019: Georgetown University — $632 Million (Taxable) Revenue Bonds This week’s featured bond is a large taxable municipal revenue bond. Georgetown University is slotted to issue a $305 million Series 2019A bonds...
Featured Bond: The Illinois State Toll Highway Authority
Featured Municipal Bond Issue, Week of 12/10/2018: The Illinois State Toll Highway Authority -- $430 Million Toll Highway Senior Revenue Bonds, 2018 Series A (Refunding) This week’s featured bond is one of the highest rated major bond issuers from the State...
Fiscal Year 2017 Municipal Bond Audit Times Are Still Too Slow
Municipal Bond Audit Times Show Slight Improvement Since 2015 But Most Still Late to the Table -- The County, State and City Sectors are the Least Timely By Richard A. Ciccarone Municipal bond analysts and investors are accustomed to waiting a lot longer for...
Featured Bond — Chicago O’Hare International Airport $1.85 Billion Revenue Bonds
Featured Municipal Bond Issue, Week of December 3, 2018: The City of Chicago, Chicago O'Hare International Airport Sr. Lien Revenue Bonds – $1.85 Billion This week’s featured bond is also the largest offering in the negotiated market scheduled for the week of...
BOARD OF EDUCATION OF THE CITY OF CHICAGO TO ISSUE $763.3 MILLION IN GENERAL OBLIGATION (DEDICATED REVENUE) BONDS
SHARE THIS: FACEBOOKTWITTERLINKEDIN PRINT | EMAIL Featured Municipal Bond Issue, Week of November 26, 2018: The Board of Education of the City of Chicago — $763.3 Million The Board of Education is issuing $763,3 million Unlimited Tax General Obligation Improvement...
A WAKE-UP CALL FOR OTHERS – THE LESSONS LEARNED AND TO BE REMEMBERED FROM PUERTO RICO’S DISTRESS AND PROMESA
By James E. Spiotto The Treaty of Paris ending the Spanish-American War of 1898 resulted in control of Cuba, Puerto Rico, Guam and The Philippine Islands being given to the United States. Cuba in 1902 and The Philippines in 1946 were given independence. Puerto Rico...
Featured Municipal Bond Issue, City of Philadelphia PA Water and Wastewater Revenue Bonds
Featured Municipal Bond Issue, Week of November 12, 2018: City of Philadelphia, PA Water and Wastewater Revenue Bonds Series 2018 A — $275 Million This week, MuniNet features the City of Philadelphia. On or around November 15th, The City intends to issue by...
Growth in Public Higher Education Debt Outstanding Outpaces All Other Major Municipal Bond Sectors
Public Higher Education Debt Outstanding Has Grown by Over 80% Since 2007 Leading All Other Major Municipal Bond Credit Sectors by Richard A. Ciccarone Municipal Bond Credit Sectors -- Ten Year Outstanding Debt Trend Based on municipal bond credit sector medians, ...