Jim Watts

Recent Stories From this Author

New Orleans' Federal City Gets Navy Land
May 22, 2013 The Navy ceded 118 acres of a former base in New Orleans to the renovation effort financed with $150 million of state bonds.

Louisiana Tobacco Bonds Structured For Quick Savings
May 22, 2013 Louisiana will structure an $806 million refunding of tobacco settlement revenue bonds to provide savings of $143 million over...

Arkansas Treasurer Formally Accused of Extortion
May 21, 2013 Arkansas Treasurer Martha Shoffner faces federal extortion charges for accepting $36,000 in bribes in an alleged pay for play...

FBI Arrests Arkansas Treasurer
May 20, 2013 Arkansas State Treasurer Martha Shoffner was arrested Friday by the FBI on a charge of public corruption dealing with extortion.

Bio-defense Bonds Pass Kansas Senate
May 20, 2013 The Kansas Senate approved $202 million of state bonds for a national bio-defense laboratory at Kansas State University on a...

Tulsa Voters OK School Tech Bonds
May 20, 2013 Tulsa County Independent School District No. 1 will upgrade its instructional technology with $38 million of bonds approved...

Muskogee School Bonds Pass
May 20, 2013 Muskogee County Independent School District No. 20, Okla. will provide laptops to students with proceeds from $49.5 million of...

Texas Sales Tax Take Tops $2 Billion
May 20, 2013 Texas State sales tax revenues in April totaled $2.15 billion, an increase of almost 4% from April 2012 collections.

Slim Margin for Some Texas School Bonds
May 20, 2013 A school district in the Texas Panhandle passed a $30 million general obligation bond referendum by a single vote at the polls...

Oklahoma Museums Plan Avoids State Bonds
May 17, 2013 Oklahoma may fund work on two state museums with $80 million of tax revenue rather than bonds.

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Opinion

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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