Muni Think

The new tax law may have accounting implications for previously hedged tax-exempt Libor based loans.

Despite the absence of adequate federal funding levels, the plan advances a vision — greater involvement of the private sector with public infrastructure — and then details how the federal government will pursue this new infrastructure paradigm with its vast authorities.

A Volcker Alliance study suggests that while California is reasonably prepared to withstand any future recession, it will still struggle in a downturn.

While there are aspects to the proposal that a municipal professional may admire, it’s not inherently obvious that the shift to a 20/80 split between federal and local funding will produce results.

While the SEC’s MCDC initiative concluded in 2016, its shadow continues to lurk over the municipal bond market.

The final bill had several elements which will impact the municipal markets, and could potentially result in significant structural changes.

Municipal bonds present fertile ground for investment professionals interested in reaping risk-free returns by sheltering gains with well-timed losses. But watch out. The financial literature is filled with misleading information that can send investors down the wrong path

The latest continuing resolution leaves state and cities with no clarity on federal budget variables that may affect their own spending plans. And the debt ceiling looms larger.

The MSRB's structure lets public and private sectors work together to foster investment in infrastructure financing, economic development and job creation.

It’s an uncomfortable topic, especially after a bruising round of accusations in the 1990s.