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Commentary: Just Wipe Out Public Debt! — Not a Solution for Puerto Rico or Anyone Else

- by James Spiotto With the end of the flurry of Congressional activity over impeachment, followed by a general yearning for the end to partisan conflicts, we now look to this year and what issues can be addressed before the national election. There remain lingering...

What Illinois Can Learn From the Supreme Court of Rhode Island and Even Puerto Rico About Public Pension Reform

By James E. Spiotto The U.S. Supreme Court and virtually all state courts have recognized what the Rhode Island Supreme Court recently reaffirmed: insurmountable, unaffordable government contractual obligations for public pensions must be capable of reasonable and...

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...

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...

Re-Assessing the Credit Quality of America’s Cities in 2017 – Part One: Examining Financial Health Against a Backdrop of High Ratings

Are Credit Ratings Reflecting True Risk? More than two years ago, MuniNet published a five-part series on Assessing the Credit Quality of America's Cities, intended to examine and create a framework to analyze the financial health of cities. With this first...

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