Several states are showing scary illiquidity. New Jersey’s governor just yesterday impounded funds the legislature had already appropriated and announced a state of emergency. He stopped short of “declaring” emergency, which would have given him special powers over contracts. New… Continue Reading →
The slowdown in migration in the U.S. has significant consequences for municipal finance. New population growth in a community has been the driving force in municipal infrastructure finance since the beginning – and the slowdown we have seen over the… Continue Reading →
Everything you ever wanted to know about state and local government is now in a handbook available for download. The handbook is free but we would like it if you sign up so we can send an occasional e-mail letting you know about new… Continue Reading →
In the aftermath of the bond insurance meltdown investors found that many of their holdings did not have an underlying rating. Most are small borrowings and in smaller, lower profile communities across the U.S. landscape. Among them are some gems… Continue Reading →
Insured 2007 bonds were sold to finance road construction for the Avery Ranch master planned community north of Austin, Texas. Download the report.
A sample report on this district’s fiscal condition, 2005 bonds insured by AMBAC, no underlying rating, is available for your review.
© 2024 The Public Purse — Powered by WordPress
Theme by Anders Noren — Up ↑
