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...
Infrastructure
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, ...
Featured Municipal Bond Issue– City of Los Angeles, CA Wastewater System Subordinate Revenue Bonds
Featured Municipal Bond Issue, Week of October 29, 2018: City of Los Angeles, California Wastewater System Subordinate Revenue Bonds — $362 Million (Includes $220.5 Million Green Bonds) For the second time this month, MuniNet features a bond issue from the City of...
Spiotto on the Benefits of Economic Development and Stimulus from Needed Infrastructure Improvements to Deal with Tax Policies, Issues, Leverage Problems, Financial Distress and Unfunded Pension Obligations
We cannot avoid economic cycles but history of financial stability points the way In the U.S.A., financial challenges and difficulties in balancing a government budget are not so much caused by the desire to spend more than tax revenues currently generate but rather...
Forsyth County School District — $147.5 Million in General Obligation Bonds
Featured Municipal Bond Issue, Week of July 23rd, 2018: Forsyth County School District (General Obligation, Series 2018) – $147.5 Million The Forsyth County School District, GA is issuing $147 .5 million in general obligation bonds the week of July 23rd, 2018. The...
Aging Infrastructure Is a Problem, From Any Point of View
Accounting Approach Shows Aging Infrastructure Kicks Additional Costs to the Future Validating the Aging Infrastructure Problem from the Engineer’s Point of View There are few public-minded cities and governmental officials that are unaware of America’s recent habit...
Overcoming Economic Downturns and Fiscal Distress Part IV: The Need to Successfully Address Public Pensions
In Part IV of ‘Overcoming Economic Downturns and Fiscal Distress’, James Spiotto Discusses the Need to Successfully Address Legacy Costs, So That Funding of Essential Services and Needed Infrastructure Improvement Become the Solution Part III of this series focused on...
Housing Values Reverse Course – Cities Mix of Winners and Losers
Richard Ciccarone presents data and notes on trends in housing values Owner occupied housing values benefited from an uptick in 2015, bucking the trend of four years of successive declines nationally. By no means ubiquitous, some...
Carbon Taxes and Cap and Trade – State Policy Options
The Debate Over a Carbon Taxes, Cap and Trade, or Doing Nothing Matters to Environmentalists, but also State Budgets State governments have a lot of power to go beyond Federal requirements in setting environmental standards. Taxing power is also extensive, and...
High Speed Rail Part II: California High Speed Rail
Controversial California High Speed Rail Project Offers Infrastructure Lessons MuniNet's multi-part series take a closer look at some of the more significant and interesting high speed rail projects and plans going on throughout the United States. The aim is to take a...