We take a ramble through municipal bond volume and trading activity, caution readers about year-over-year (YOY) comparisons, discuss the consequences of COVID migration patterns in the context of static population growth, raise potential credit concerns and comment on the unnecessary… Continue Reading →
The Grand Jury of San Diego issued a report of this title yesterday. Also, at yesterday’s GFOA (Government Finance Officers Association) business meeting, the group voted that the Government Accounting Standards Board should stay away from the topic of sustainability. … Continue Reading →
See this post on Reuters for discussion about Antioch, latest city in California to talk bankruptcy. There is a bill, sponsored by state senator Mendoza, AB155, that would require cities to go through the state (via the California Debt and… Continue Reading →
An article about upstate New York town of Kingston and their discussion of fiscal stress, union contracts and the debate over Chapter 9 bankruptcy.
Tight financial margins are not kind to political squabbles. In the last few weeks the city of Los Angeles has been engaged in a squabble with the city council and its utility, the Los Angeles Department of Water and Power… Continue Reading →
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