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Task Force Floats Funding for Milwaukee Arena
October 1, 2014 Milwaukee' cultural and entertainment venues need at least $445 million over the next two decades for capital improvements and...

Chicago Warns Investors on Impact of Battered Credit
September 30, 2014 Using language Mayor Rahm Emanuel is unlikely to replicate in campaign brochures, Chicago's latest bond documents lay out for...

Report Looks at Chicago Area Property Tax Trends
September 29, 2014 Residential property tax rates in Chicago have risen by more than 30% over the last decade, with other selected Cook County...

Chicago Suburb Will Seek Legal Review of Prairie State Deal
September 25, 2014 Batavia, Ill., officials plan to ask the Illinois Attorney General Lisa Madigan's office to examine the city's 2007 decision...

Moberly Sets Debt Policy After Sucralose Bond Fiasco
September 25, 2014 Moberly, Missouri has adopted new debt management policies as it seeks to repair its junk bond credit bruised over a failure...

Chicago Claims O'Hare World's Busiest By Flights Once Again
September 25, 2014 Chicago officials said the city's O'Hare International Airport is on pace to reclaim the title of the world's busiest airport...

Federal Court Grants Class Action in Moberly Bondholder Case
September 24, 2014 A federal judge granted class action status to an investor lawsuit accusing the former Morgan Keegan & Co. Inc. of securities...

Three Iowa School Districts Upgraded
September 24, 2014 Moody's Investors Service has raised by one notch its sales tax ratings on three Iowa school districts to reflect an extension...

Defaulted Student Housing Project in Chicago Picks Up Steam
September 23, 2014 After years of struggling to fill its halls, a student housing facility privately developed for Chicago's DePaul University is...

Illinois' Presence Health Finalizes Deal to Sell Struggling Hospital
September 23, 2014 Illinois-based Presence Health has finalized a deal to sell one of its Chicago hospitals that has strained the system's books...


Issuance of municipal MSA tobacco bonds by states was the subject of a highly critical article published by ProPublica. The article attempts to make a case that states erred in deciding to issue tobacco bonds. The article was widely circulated across social media. As we frequently observe, the national media focus on the muni market is appreciated, but the facts got muddied in the pursuit of a good story.

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