- 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...
Investor Relations
Does Municipal Bond Credit Quality Impact Annual Audit Times?
Increased attention on local government fiscal stress and Chapter 9 bankruptcy filings has heightened concerns over municipal bond credit quality in wider circles than ever before. But while the Securities and Exchange Commission (SEC) requires certain issuers of...
Massachusetts Investor Website Breaks Ground in State Investor Relations
In some instances, the redesign of a website can provide aesthetic changes to give it a fresh new look. In others, it can mean starting from the foundation, constructing a “new and improved” website that catapults it to a new level of distinction. The redesign of the...
A Tale of Two Financially Transparent Cities
“Transparency in government”... Merely buzzwords until they are put into action. And despite the push for more openness and greater accountability by the investment community, watchdog groups, and taxpayers, exemplary cases of transparency in city government are still...
Most Municipal Audits Still Slow, Despite Push for Timely Transparency
In the corporate bond market, the Securities and Exchange Commission (SEC) requires that annual audit reports be submitted within 60 to 90 days of the close of the fiscal year. While the Municipal Securities Rulemaking Board (MSRB) has said that it would like to have...
Florida Municipal Loan Council Launches Investor Relations Portal
The Florida Municipal Loan Council (FMLC), administered by the Florida League of Cities, is a pooled loan program for local government borrowers of all sizes. Established in 1998 as a way to help member entities finance or refinance projects, the FMLC has issued more...
Study Examines Municipal Audit Turnaround Time
How long does it take for municipal entities to produce annual audit reports?