Featured Municipal Bond in the Market, Week of 01/16/2017: City of Chicago General Obligation Bonds – $1.2 Billion This week’s featured bond comes from the State of Illinois. The City of Chicago is issuing tax-exempt and taxable general obligation bonds in the amount...
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Fiscal Distress Myths and Realities Part VI: Types of Public Debt Honored in Full in Chapter 9
Part VI of James Spiotto’s Series on Fiscal Distress Myths & Realities: Public Debt That Has A Pledge of Special Revenues or Statutory Liens is to be Unimpaired in Chapter 9 Bankruptcy and is to Have the Benefit of the Bargain Honored in Full Myth: All Municipal...
Philadelphia School District GO Bonds $817 Million | MuniNet Featured Bond
Featured Municipal Bond in the Market, Week of 10/17/2016: Philadelphia School District GO Bonds - $817 Million This week’s featured bond comes from the State of Pennsylvania. The School District of Philadelphia is scheduled to issue $817 million in general obligation...
MuniNet Guide: FDIC Top Pick for Municipal Securities
FDIC Top Pick Site Provides Educational Videos Accenting Municipal Securities Markets The Federal Deposit Insurance Corporation (FDIC) provides educational and training materials on a wide variety of topics relating to banking and finance. Many of these are either...
Fiscal Distress Myths and Realities Part I: Default Rate for State and Local Government Debt
Part I of James Spiotto's Series on Fiscal Distress Myths and Realities: Default Rate for State and Local Government Debt Has Been Relatively Low Especially When Compared to Corporate Debt Default Myth: There is no difference between the default rate...
Harvard University Revenue Bonds – $1.5 Billion | MuniNet Featured Bond
Featured Municipal Bond in the Market, Week of 10/03/2016: Harvard University Revenue Bonds – $1.5 Billion This week’s featured bond comes from the State of Massachusetts. The Massachusetts Development Finance Agency is scheduled to issue $1.5 billion in revenue...
State Poverty Levels Not Level Across States
Different Measurements Show Different Views of State Poverty The nation received good news from the U.S. Census Bureau reported last week, that real median household income increased by 5.2 percent between 2014 and 2015, while the official poverty rate decreased 1.2...
The State of Cities: Metropolitan GDP Changes in 2015
Metropolitan GDP Numbers Show Strong Growth Widely Dispersed But Far From Universal Prosperity Our state and local economies influence he we perceive the country is doing, in as much as GDP is a proper measurement of economic performance. People will find statistics...
Florida Revenue Bonds $425 Million | MuniNet Featured Bond
Featured Municipal Bond in the Market, Week of 09/19/2016: Florida Revenue Bonds $425 Million - Central Florida Expressway Authority This week’s featured bond comes from the State of Florida. The Central Florida Expressway Authority (CFX) is scheduled to issue $422...
Featured Bond: Louisiana to Issue $212 Million General Obligations
Featured Municipal Bond in the Market, Week of 09/12/2016: State of Louisiana General Obligation Bonds. This week’s featured bond comes from the State of Louisiana. The Bayou State is scheduled to issue $212 million in general obligation bonds the week of September...