New York State Housing Finance Authority is scheduled to issue $100 million in Affordable Housing Revenue Bonds in two series to provide mortgage loans and fund housing construction in the state. The Bond is scheduled for sale on October 17th with JP Morgan, Bank of...
Economic Development
An Update On Foreign Trade Zones, Economic Development Projects, and Risk Perception with Taxes
By James E. Spiotto This is Part 4 in a 4-part article series on the Post-Fiscal Crisis State and the next fiscal crisis considerations. The information and charts come from a presentation given at the Government Finance Research Center's conference entitled "Ready or...
An Update on the Evolution of Taxing Policy in the New World of Digital, Shared Economy, and Artificial Intelligence Revolution
By James E. Spiotto This is Part 3 in a 4-part article series on the Post-Fiscal Crisis State and the next fiscal crisis considerations. The information and charts come from a presentation given at the Government Finance Research Center's conference entitled "Ready or...
An Update on Comparisons of Key Economic and Debt Factors: The Good, the Bad, and the Ugly
By James E. Spiotto This is Part 2 in a 4-part article series on the Post-Fiscal Crisis State and the next fiscal crisis considerations. The information and charts come from a presentation given at the Government Finance Research Center's conference entitled "Ready or...
The Gathering Storm: Illinois & Chicago MSA’s Challenging Financial Developments Due To The Great Recession
By Jim Spiotto This is Part 1 in a 4-part article series on the Post-Fiscal Crisis State and the next fiscal crisis considerations. The information and charts come from a presentation given at the Government Finance Research Center's conference entitled "Ready or Not?...
Use of Foreign Trade Zones and Economic Development Projects to Help Deal with Financial Challenges and Lack of Sufficient Tax Revenues
by James E. Spiotto, Co-Publisher of MuniNet The new reality of tariff wars and 20% surcharges on foreign manufactured parts and goods The tax reform of 2018 created a 20% surcharge on foreign manufactured goods or parts coming into the United States. Recent U.S....
Beyond Hurricane Maria: Federal Action in Puerto Rico with PROMESA
Understanding Current Structures and Potential Changes to Federal Action in Puerto Rico Requires Analysis of the Enactment of PROMESA and its Provisions In a continuing series on the recovery of Puerto Rico after Hurricane Maria, James Spiotto looks at the...
Beyond Hurricane Maria: The Gathering Storm of Puerto Rico’s Financial Distress
To Understand the Purpose, Function and Desired Result of Federal Reforms and Disaster Recovery, It Is Important to Understand the Systemic Causes of Puerto Rico's Financial Distress by James Spiotto Puerto Rico's financial problems did not begin with the Great...
The Economic Archetypes of America’s Cities: Going Beyond Urban vs. Rural
MuniNet Guide Talks with National League of Cities' Christiana McFarland to Discuss Going Beyond Urban vs. Rural in Understanding the Economic Characteristics of America's Localities The National League of Cities released the findings of their biennial survey on local...
The Vote is in for Chicago Growth at Conference on Fiscal Future
Experts and Business Leaders Believe Engines of City's Fiscal Ship Powerful Enough to Steam Ahead, Despite Headwinds The Civic Federation and the Federal Reserve Bank of Chicago hosted an event, 'Chicago’s Fiscal Future: Growth or Insolvency?' on Wednesday at...