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Regional News
Ruling Pending on Orange County Tax Grab
by: Keeley Webster
Thursday, January 31, 2013
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An Orange County Superior Court Judge has 90 days to rule on a lawsuit filed by the California Department of Finance and the chancellor of the state's community colleges against Orange County after the county diverted money from education to balance its budget.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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