Category municipal bonds

On March 18, New Jersey Governor Phil Murphy signed the Clean Storm-water and Flood Reduction Act into law (P.L. 2019, c. 42).  In brief, this law permits local governments to form a storm-water utility and assess a fee to support… Continue Reading →

Flood waters in the Midwest have not yet receded and the full human and economic consequences of flooding in Iowa, Wisconsin, Nebraska, South Dakota and Missouri are only beginning to emerge.  We do know that the areas around seven Superfund… Continue Reading →

Here are a few items that caught our attention this week: On the SEC’s additional material disclosure events: “Event 15” and “event 16” went into effect on February 27, 2019.  These additions address the growing use of private, or direct,… Continue Reading →

Remember the acid rain worries of the 1970’s? Reaction led to clean-up laws and regulations. A slew of tax-exempt pollution control bonds were sold so that coal-fired utilities could scrub their smokestacks before toxic smoke reached the environment. Remember Love… Continue Reading →

Changes in tax policy (federal, state and local), tariffs and market volatility were key defining features of 2018 that will continue to reverberate in 2019.  Understanding when these changes hit the budgets and planning cycles of both government and private… Continue Reading →