Legal
Kostas Poulakidas

Kostas Poulakidas has joined Greenberg Traurig's Chicago office. He builds the firm's public finance and infrastructure and government law and policy practices.

Community Standouts
New Issuance
GFOA Today

GFOA Today 2026, day 1

GFOA Today

GFOA Today 2026, day 1

Anatomy of a Deal
BDA CEO Mike Nicholas
MuniThink

As cities continue to build upon their fiscally stable condition, a Michigan Senate bill was introduced that could hamper the continued growth and force residents – all taxpayers – to pay more for daily services and infrastructure, while limiting the ability of municipalities to finance vital capital infrastructure including roads, bridges, schools and more.

Andrew Kalotay says taxpayers would have come out half a billion ahead had the issuer waited out the call date instead of refunding their exempt bonds with taxable paper for 14 transactions between 2018 and 2020.
MuniThink

Issuers routinely refund 5% bonds in year 10, and the resulting savings can be significant. It is notable that although refunding is typically associated with declining interest rates, 5% bonds are refunded even if rates rise.

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