Infrastructure

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...

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, ...

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...

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