by Robert Crump The Metro Pier and Exposition Authority (the Authority) is scheduled to issue $923,210,000 in Refunding Bonds in order to refinance its debt on outstanding bonds. The negotiated sale is planned for sale on December 4th with Goldman Sachs and Morgan...
Illinois
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...
Featured Bond: The Illinois State Toll Highway Authority $300 Million in Toll Highway Senior Revenue Bonds
Featured Bond - Week of June 24, 2019: The Illinois State Toll Highway Authority $300 Million in Toll Highway Senior Revenue Bonds Overview The Illinois State Toll Highway Authority is issuing $300 Million in Toll Highway Senior Revenue Bonds through negotiated sale....
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...
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?...
State of Illinois GO Bonds – $500 Million | MuniNet Featured Bond Issue
Featured Municipal Bond Issue, Week of April 23rd, 2018: State of Illinois GO Bonds – $500 Million The State of Illinois is issuing general obligation bonds in the amount of $500 million the week of April 23rd, 2018. The bonds are broken up into two series. Series...
State of Illinois New Bond Issue – $4.5 Billion General Obligation Bonds | Featured Bond
Featured Municipal Bond Issue, Week of 10/23/2017: State of Illinois New Bond Issue - General Obligation Bonds – $4.5 Billion This week’s featured bond comes from the State of Illinois. The State of Illinois is issuing general obligation bonds in the amount of $4.5...
Overcoming Economic Downturns and Fiscal Distress Part VI: Oversight and Assistance in Illinois
In Part VI of ‘Overcoming Economic Downturns and Fiscal Distress’, James Spiotto Shows What Oversight & Assistance Illinois Provides for Financially Distressed Municipalities, and What Present Legislative Proposals May Offer Part V of this series focused on the...
Overcoming Economic Downturns and Fiscal Distress Part II: Alternatives Available to the State of Illinois and its Municipalities
'Overcoming Economic Downturns and Fiscal Distress' Continues with Part II: Alternatives Available to the State of Illinois and its Municipalities to Monitor and Provide Oversight and Assistance to Financially Troubled Municipalities In the previous part of...
Overcoming Economic Downturns and Fiscal Distress Part I: The Gathering Storm
In Part I of 'Overcoming Economic Downturns and Fiscal Distress', James Spiotto Looks at the Gathering Storm in Illinois and Its Municipalities since 2000 In the Introduction to this series, James Spiotto stressed the need for deliberate, disciplined...