As the courts consider Vallejo’s request for Chapter 9 protection, will other municipalities follow suit?
Cities, Towns & Villages
The overall credit trend for states is stable despite a general slowdown in the national economy, according to Robert Kurtter of Moody’s Investors Service.
The CTO approaches its investor relations for municipal bonds in a manner similar to corporate offerings. Its â€œBuy California Bondsâ€ page encourages residents to invest in state infrastructure projects.
The Bond Buyer recently launched a blog that focuses on news impacting the municipal bond industry.
Public/Private Partnerships Allow Governments to Provide Services with Increased Efficiency: An Overview of Privatization Trends
Privatization – providing government services through public/private partnerships – has become a growing trend in the municipal arena. Leonard Gilroy, editor of the Reason Foundationâ€™s Annual Privatization Report, shares his insights on privatization as a strategy for increasing the efficiency of government services.
Apparently, April was a good month for the state of California, which took in a record $11.3 billion in income tax collections. Now lawmakers are trying to decide how to best use this money.
Bankruptcy should be considered one possble option – to be evaluated along with other alternatives – for the City of New Orleans and other Louisiana communities facing fiscal distress, according to a study released by two local public policy organizations.
Looking for updated state and regional state economic data and commentary? The Federal Deposit Insurance Corporation (FDIC) publishes quarterly profiles that include statistics, analysis and trends in state demographics, housing, labor force and banking data and more.
Phoenix will be holding a special election on March 14, when voters will be asked to approve the issuance of bonds to finance citywide improvements. To help voters prepare for the special election, Phoenix has posted an information Election Information page on its web site.
From quarterly single family loan statistics or official statements for outstanding bond issues, the Alaska Housing Finance Corporation web site opens the door to a plethora of state housing information. One of the most comprehensive state housing authority web sites...