The Public Purse

Your intelligent source for municipal finance information

Tag community development district

Municipal Market Meltdown? Response to Bookstaber

We have two opposing camps in the muni-market at the moment: those who say it is the next systemic shoe to drop and the rating agencies that are systemically raising ratings. Which is right? We have moved from a market… Continue Reading →

April 9, 2010

The Municipal Bond Default Story, Part II

Municipal bond defaults over the last two years occur in sectors that tie into the financial crisis: real estate.  Multi-family housing and land development projects that never took off are at the front line.  Special entities – usually a district… Continue Reading →

October 12, 2009

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