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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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