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Shelly Sigo

Recent Stories From this Author

New Jefferson County, Ala., Audit Sheds Little Light on Finances
August 29, 2014 Eleven months after the close of fiscal 2013, Jefferson County, Ala.'s audit sheds little light on the county's financial...

Atlanta Braves Stadium Bonds Appealed
August 28, 2014 Opponents of bond financing for the Atlanta Braves new $672 million baseball stadium have filed notices of three appeals by...

Former Florida Toll Agency Board Member Guilty of Bribery
August 28, 2014 Former Orlando-Orange County Expressway Authority board member Scott Batterson was found guilty of bribery in a case that...

Lake Worth, Fla., Votes Down GO Bonds; Others Set for November Ballot
August 28, 2014 Lake Worth, Fla., voters refused to OK $63.5 million in GO bonds on the Aug. 26 ballot, but other bond referendums are set for...

Bank Financing Beats Bonds for $2.3 Billion Florida P3
August 27, 2014 The consortium building the $2.3 billion Interstate 4 project in central Florida says bank and federal loans are cheaper than...

Louisiana Transportation Funding Task Force Launches
August 26, 2014 The Louisiana Transportation Funding Task Force holds its first meeting Sept. 10 to begin studying new ways of funding road...

IFS Securities Hires Former New York Gov. David Paterson
August 26, 2014 Atlanta-based IFS Securities hired former New York Gov. David Paterson as chief strategist of U.S. affairs and chairman of the...

Miami-Dade May Ask Voters to OK $540M GO Deal
August 25, 2014 Miami-Dade County commissioners will consider placing a $540 million bond issue on the November ballot to build a new...

West Virginia Transportation Report Due Soon
August 22, 2014 A long-awaited report that recommends West Virginia issue $1.5 billion in bonds to fund transportation projects will be...

Florida Gulf Coast University Debt Negative Due to Loan: S&P
August 22, 2014 The terms of a loan turned the outlook on Florida Gulf Coast University's debt to negative, and could result in a rating...


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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