- Should States and Localities Be Worried About the U.S. Downgrade?
- Muni Finance and the Federal Fiscal Food Fight.
- Why Municipal Bonds Might Not Be Protected From Climate Risk Forever.
- JPMorgan, BofA, Wells Face Price-Fixing Suit Over Municipal Bonds.
- New T.A.D. Video: Lease & SBITA Prepayment Accounting
- In re City of Amarillo – After city voters defeated a proposition for the issuance of $275 million in general obligation bonds payable from ad valorem taxes to fund improvement and expansion of the city’s civic center complex, Court of Appeals rejects workaround in which city proposed a city ordinance that: 1) added the existing civic center to TIF zone; 2) pre-negotiated $260 million in tax anticipation notes (with 7-year repayment schedule); and 3) planned the future issuance of 30-year refunding bonds to refinance the debt
- And Finally, A Little Sapling Shrine? is brought to us this week by Jourdain v. Metropolitan Transportation Authority, in which some accursed lady sued when a tree fell on her car whilst she was driving. Seriously, what are the odds? We’re positing that she had offended the Tree Gods and was being punished accordingly. Don’t ask us about what might offend the Tree Gods. Much like public finance, arboreal hexes lie firmly outside our purview. The court did note that, “a manifestation of decay must be readily observable.” Indeed it is.