We take a run through three key trends we think are likely to negatively affect health, welfare, property and fiscal conditions in H2 2022 and over the next few years. Heat: Rising Temperatures are No Joke Heat waves crossing the… Continue Reading →

The dissolution of the Reedy Creek Improvement District (RCID, or District) raises important questions for municipal bonds.  In this hyper-partisan environment, there is increased danger that state governor/legislative actions could impair bondholder rights. Special districts have been around in the… Continue Reading →

I am uploading a special issue of Fiscal Stress Monitor from my “wayback machine” devoted to special districts. This, in response to some great discussion on Twitter about the de-districting of Reedy Creek Improvement District (RCID) in Florida. Special districts,… Continue Reading →

Who imagined that the supply chain that feeds, clothes, shelters, and transports us would be subject to this sequence of events over less than half a decade?  We did a “Google Trend” search on the term “unprecedented” and found the… Continue Reading →

We upload a presentation that we gave to state legislators in Minnesota, focussed on climate change and capital investment. In it, there are links to some core resources you might find useful. Some states and local governments are now beginning… Continue Reading →