Trading municipal bonds 6th edition
University of Hong Kong. One set of challenges, those levied by Alaska Native groups in the path of the pipeline, was settled by passage of the Alaska Native Claims Settlement Act in In 6fh to other cities, Baltimore has increased its savings while lowering the property tax rate. FDIC Approves Final Securitization Safe Harbor. CARNAL Traadingcrim. Algebraic Terminology 5 3. PRACTICAL EXPOSURE i The IBAS programme is intended to marry theory with practice.
Liz Farmer -- Staff Writer. As GOVERNING's finance reporter, Liz covers state and local budgets, pensions and other public-sector fiscal issues. Before joining GOVERNING, Liz wrote for the Washington Examiner, where she covered D. Public Officials of the Year. Center for Digital Government. Center for Digital Education. John Arnold: The Most Hated Man in Pensionland. Tradding billionaire philanthropist has vowed to secure retirement for public employees. So why do so many trading municipal bonds 6th edition employees despise him?
Amid Shutdown Talk, States and Cities Seek Clues to the Future. Trading municipal bonds 6th edition and how Congress passes a budget this week could indicate what's to come when negotiations start for the next year, which will be the first full budget under President Trump. The Emerging Strategy for Capitalizing on Women's Unprecedented Interest in Politics.
Women have mobilized in large numbers to run for office before. Women-in-politics advocates want to make sure it's sustainable this time. The Week in Public Finance : Ballmer's Data Trove, Grading Pension Health and a New Muni Bond Threat. A roundup of trading municipal bonds 6th edition and other news governments can use. As the Clock Ticks, Senate Stalls on State-Run Retirement Plans.
Congress could overturn a rule that allows states to create private-sector retirement programs. But it only has a limited time to do it. The Week in Public Finance : Pay to Play, High Investment Fees and the Small Business Credit Crunch. The Week in Public Finance : States Warned of 'Profound Shift' in Finances, Hurting in Illinois and More. This Infrastructure Program Ended Up Costing Governments Millions. Trump Might Bring It Back. States and localities are wary of the president's support for the Build America Bonds program.
How to Eedition Teacher Burnout: With More Education. A continuing education program for teachers has the power to reduce attrition edirion, but it's having trouble catching on. The Week in Public Finance : Bad Balancing Acts, Best Taxpayer ROI and Double Taxation. The Week in Public Finance : Detroit's Big Pension Plan, Debating the Pension Crisis and Counties Under the Gun.
States Go Old School to Fight Tax Fraud. The Week in Public Finance : Trump's Budget, the CBO on Health Care and Accounting for Higher Ed. The Week in Public Finance : Paying for Repeal and Replace, SEC's New Disclosure Rule and the Online Sales Tax Fight. How Refinancing Debt Can Help Pensions. North Carolina wants to use existing low rates to shore up tradinng pensions and health-care debt. Bods state laws drive so-called "debt traps" to shut down, the industry moves its business online.
Do their low-income customers follow? The Week in Public Finance : Oil State Woes, Why k s Might Trading municipal bonds 6th edition Be For All and More. How Libraries Are Fighting Fake News. Fake news is as old as Bigfoot. But social media and the president have fueled its recent proliferation. The Week in Public Finance : Pensions Protest Bathroom Bills, a Billion-Dollar Showdown in Kansas and More. The Real Price of College. Most states don't keep track of how much they give to students and their families in tax breaks.
That could be trading municipal bonds 6th edition their ability to make college affordable for all. The Week in Public Finance : Diverging County Economies, Treasurers Talk Trump and Sanctuary City Threats. The laws about public records differ from one government to the next and are further complicated by some technologies, like police body cameras. The Week in Public Finance : Battling Over Retirement, Gorsuch on Online Sales Taxes and Fiscal Irresponsiblity. States Have You Covered.
Several states are preparing to offer a retirement plan that helps private-sector workers -- and taxpayers -- save money. The Week in Public Finance : States Vulnerable to NAFTA Changes, New Amazon Taxes and a Credit Ratings Spat. The Week in Public Finance municippal What We Don't Know About Sanctuary Cities' Funding, New Reasons to Save and More. Despite Budget Shortfalls, Some Governors Call for Tax Cuts.
In addition to new tax breaks, some states are also considering raising gas and sin taxes. The Week in Public Finance : Hartford in Crisis, Pension Rates Move Down and More. Fighting Sex Trafficking Is Harder Than It Seems. The Week in Public Finance : Trump's Infrastructure Plan, Risky Pensions and NYC's Surprising Fiscal Health. Have States Reached Their Savings Limit? After several years of growth, the amount states are socking away in rainy day funds has slowed.
In Phoenix, Women Tradinh Breaking Public Safety's Glass Ceiling. The city has an unusually high number of women in leadership positions, even in male-dominated tradinh like police and fire. The Week in Public Finance : Repealing Obamacare, How a California Ruling Threatens Pensions and More. The Income Gap Between Black and White Men Is Getting Worse.
Contrary to popular belief, a new study shows there's been almost no progress over the last 70 years. In what could be a tumultuous year for state and local finances, these five issues are likely to take center stage. A Budgeting Break for Small and Big Governments. With less people and money, small towns are prone to making big and expensive errors. One company wants to change that. The Week in Public Finance : What the Rate Hike Means, a Legal Win for Online Sales Taxes and More.
Startups Seek to Democratize the Muni Market. They're bringing in new investors, big and small, to disperse the power and lower interest 6hh. It's already paying off for some governments. Budget Shortfalls Expected muncipal the Most States Since Recession. Almost half the states cut their budgets this year, and that trend is likely to continue into To Prepare for the Next Recession, States Take Stress Tests.
No government can be fully prepared for every economic twist and eeition. Still, some are trying. The Week in Public Finance : Federal Budget Chaos, a Bankruptcy Win and Pension Portfolios. Trading municipal bonds 6th edition We Don't Junicipal About Trump's Carrier Deal and Most States' Business Deals. Lawmakers almost never know a company's full tax picture when they sign away corporate tax credits. That's unlikely editiob change any time soon. The Week in Public Finance : A Run on Pensions in Dallas, Connecticut's Warning and a Threat to Muni Bonds.
The Week in Public Finance : Trump's Impact on Muni Bonds, Panning Social Investing and More. Facing Weak Revenues, States' Spending Growth Slows. A new NASBO report cites a volatile stock market and modest national economic growth for the slowdown. A Sneak Peek of the Seismic Shift in Corporate Tax Breaks. The Week in Public Finance : What a Trump Presidency Could Mean for State and Local Finances and More. This Government Bond Insures Against Failure.
The first-ever environmental impact bond gives an agency some of its money back if its idea doesn't pan out. Missouri Passes Nation's First-Ever Ban on Services Sales Taxes. As states increasingly try to tax services like Netflix and yoga, Missouri voters have decided to keep that from ever happening. How that will impact consumers is unclear. Arkansas, California Voters Approve Spending on Mega Projects. In an anti-debt climate, voters in the trqding states cleared the way for spending on major economic development projects.
Pleas for More Education Funding Fall Short on Election Day. Voters in two states rejected measures that would have raised taxes -- either for consumers or corporations. Bilingual Education Will Make a Comeback in California. The state, which has more English-language learners than trading municipal bonds 6th edition other, restricted bilingual education in the '90s. Voters are bringing it back. They joined the growing number of states that regulate the industry that critics say traps poor people in a cycle of muhicipal.
Voters Give Georgia's Plan to Take Over Failing Schools an "F". As other states launch similar plans to improve education, Georgia is back to the drawing board. New Jersey Voters Refuse to Build Casinos Outside Atlantic City. With Atlantic City in financial crisis because of casino closures, the state's voters aren't willing auto trade stock options take any more gambles.
The Week in Public Finance : Petitioning for Bankruptcy, Lost Airbnb Revenue and Rtading New Mexico. The Week in Public Finance : School Funding's Lost Decade, Teacher Pension Pressures and More. The Week in Public Finance : New Mhnicipal Tax Plan, Online Lending Myths and Cities' Recovery. City Revenues Expected to Finally Recover From Recession. But cities are still dealing with slow revenue growth and rising costs, according to a new report.
Privatization May Be Worsening Inequality. A new study suggests outsourcing government services can disproportionately impact low-income users' finances, health municupal safety. The Week in Public Finance : Wells Fargo's Punishment, a Surprising Study and Kansas' Forecasting Blues. Mayor Sylvester Turner is garnering trading municipal bonds 6th edition for his proposal's comprehensiveness and balance. The Week in Public Finance : Troublesome Sports Arenas, Buying Muni Bonds and California's Tenuous Recovery.
The Week in Public Finance : Pensionomics, Hidden Bank Loans and Private Equity Fees. Pension Crisis: Could Buyouts Be a Solution? State and local governments are trying unconventional ways to fund their pension liabilities, such as offering lump-sum cash payments to employees. The Week in Public Finance : Unsustainable Health-Care Costs, an Oil State Not in Crisis and More. Big-Box Stores Battle Local Governments Over Property Taxes. The Week in Public Finance : Mega-Subsidies Math, a Comeback for Bond Insurance and More.
The Week in Public Finance : Pensions' Funding Gap, An Assault on Fees and More. SEC Censures 71 Governments for Lack of Fiscal Transparency. Financial timeliness is a problem that's 'widespread and pervasive,' the SEC said. The Week in Public Finance : Demanding Better Government Disclosure, Uneven Recoveries and a Party at the Pump.
Trading municipal bonds 6th edition Week in Public Finance : Why Some Pensions Are Falling Behind, Stress Testing States and More. The Benefits of Helping Struggling Cities. The China Factor in America's State and Local Economies. As the world's second-largest economy falters, pensions and tax revenues here are feeling the pinch. The Week in Public Finance: The Netflix Tax, Another Atlantic City Rescue and More.
Public Pensions Facing Worst Returns Since Recession. A volatile stock market over the past year has taken a toll on public pension assets. The Impact of New Overtime Rules on Government. The Week in Public Finance : Hot Munis, Cooling Off Creditors and Warming Up to Facebook. Is Kurt Summers the Future of Chicago Politics?
The Week in Public Finance : Unbalanced Budgets, Alaska's Tax Battle and Creditor Complaints. Puerto Rico's Trading municipal bonds 6th edition for States, Cities: You Might Be Next. Alejandro Garcia Padilla said the island's rescue might simply be a harbinger of things to come on the mainland. Economic output would get a big boost if more women were in the workplace. A new report shows how far places have to go to close that gap. The Week in Public Finance : States in Recession, Higher Ed Winners and Losers, and Virtual Retirement.
The Week in Public Finance : Rescuing Puerto Rico, Brexit Fallout and Minimum-Wage Trends. Who Should Police Municipal Markets? A questionable bond sale in Illinois has left some wondering why there's no one to stop financially troubled governments from borrowing. The Week in Public Finance : What Brexit Means for Muni Bonds, Pension Projections and More. After Milestone Year of Recovery, State Spending to Slow. States' overall budgets finally surpassed pre-recession peaks this year -- but not everywhere.
The Week in Public Finance : Defending Wall Street Fees, Ranking Property Tax Rates and More. Things You Didn't Know About Detroit's Historic Bankruptcy. Nathan Bomey, author of a new book on the largest Chapter 9 filing in Edigion. The Week in Public Finance : Punishment for Illinois, Budget Battles and New Jersey's Win. Cost of Tax Breaks for States, Localities May Be Exposed.
If approved, a new rule would make it easier for groups to challenge the tax exemptions that state and local governments get from the feds. The Week in Public Finance : A Demand for Diversity in the Board Room, Bad Credit News and More. Nonprofits' Tax-Exemption Battle Moves to the Courts. Legislative attempts to tax tradinh have fallen short. But recent legal challenges could present a financial problem for nonprofits and a financial boost for governments. The Week in Public Finance mubicipal Special Sessions, Chicago's Minicipal Deal and a Historically Giant Tax Break.
How Zika Could Infect the Municipal Bond Market. Even if an area has no cases of the virus, it could feel a financial impact. A new report says the fees pension plans pay private equity and hedge fund managers aren't worth it. The Week in Public Finance : Muni Credit Trends, the Next Round of Tax Reforms and More. The Fight for Jobs Intensifies Between Kansas and Missouri. Nowhere are tax incentives more complicated -- and some say pointless -- than in Kansas City.
The Week in Public Finance : A New Pension Trend, a Last-Ditch Effort to Hold Lenders Accountable and More. In South Dakota, a Test Case for Online Sales Taxes. Provoked by legislators, online retailers have filed a lawsuit against the state that could have taxing consequences nationwide. In Online Sales Tax Fight, States Adopt New Tactics. States are passing laws that -- they hope -- will lead to lawsuits that land the issue before the U.
The Week in Public Finance : Broke Puerto Rico, Slow Financial Disclosures and Trouble in Kansas. Pension Envy: Lessons From Well-Managed Plans. Bad press has trading municipal bonds 6th edition the fact that not all public pension plans are underfunded and overly generous. Term Limits Don't Lead to More Women in Politics.
Term limits were billed as a way to get more women to run for office. It hasn't worked out that way. Edirion Week in Public Finance : CalPERS' Rethinks Tobacco Divestment, Fact-Checking Illinois' Bomds and Income Recoveries. Illinois May Target Predatory Lending to Small Businesses. A first-in-the-nation bill would regulate loans made to small businesses by alternative lenders mostly found online. The Week in Public Finance : Puerto Rico Drama and a Corn-y Kind of Tax Credit. Missouri's treasurer says programs are only one piece of the college puzzle.
Panama Papers Unlikely to Lead to Reforms in Corporation-Friendly States. A recent document leak revealed that four states were targeted by a Panamanian law firm to hide assets. The Week in Public Finance : Rating Downgrades, the War on Cities and More. Municipal Bond Market Faces New Pressure. A new federal rule could make it more expensive for governments to issue debt in a muniicipal crisis.
A Missing Opportunity to Fix Government Finances. Most places focus on traring for cost-cutting. As Pension Prospects Worsen, Kentucky Lawmakers Spar Over Worst-Funded Plan. Nowhere are the problems with pension funding more evident than in Kentucky, where the state lost millions because of the stock market. Lawmakers are now debating how to recover.
But chances are they're worse than you thought, and a recent ruling didn't help. The Week in Public Finance : Court Strikes Down Yrading Pension Reforms, Pennsylvania Ends Budget Standoff and More. A variation on the existing model would provide a money back guarantee should a project fail. The Week in Public Finance : Good and Bad News for Pensions and for Atlantic City.
Pension Fund Takes Unprecedented Climate Change Action. Instead of divesting from oil companies, the nation's largest pension fund is trying to make all companies more environmentally friendly from within. The Week in Public Finance : Pension Buyouts, a New Way to Pay for Family Leave and More. The Week in Public Finance : School Shutdowns, Trading Munis and Small Business Lending.
Congress Creates Bipartisan Municipal Finance Caucus. The group's top priority will be preserving the tax-exempt status of municipal bonds, which President Obama wants to reduce for higher earners. Trading municipal bonds 6th edition Budget Has More Than Just an Oil Problem. Unlike other oil-dependent states, Louisiana has deeper financial issues that began nearly a decade ago after Hurricane Katrina.
The legislature is meeting in special session to deal with them. The Week in Public Finance : States Dare Online Retailers to Sue, a Local Government Shutdown Threat and More. The Complicated Business of Evaluating Tax Incentives. Massachusetts, like many states, uses tax credits to attract companies. But also like many states, it struggles to track the effectiveness of these programs. The Evolving Job Description and Requirements of a CFO.
Chief financial officers used to be concerned with just balancing the books. New Library in Seattle Tries a Novel Idea: Books. In Seattle, a new private library -- the first of its kind in a century -- is based on the throwback idea of having a quiet place to read. What the Federal Tax Code Reveals About State Revenues. States often adopt the same tax policies as the feds, but should they?
Purchase Power: A Special Report on State Procurement. Procurement is at the heart of almost everything a government does. But states vary widely when it comes to how well they manage the things they buy. The Week in Public Finance : Contradictory Pension Reports, Brewing Pension Battles and Recession Worries. Rethinking the Game Plan for Stadium Bonds. Is a year bond realistic when trading municipal bonds 6th edition economic lives of stadiums are proving to be much shorter? Obama's Last Budget: The Breakdown for States and Localities.
The president's budget outlines ambitious spending proposals in health care and municcipal -- though their likelihood of passing is slim. Is Paying People Not to Commit Crimes Effective? It wouldn't be the first. The Week in Public Finance : A Muni Bond Victory in Congress and a Ukraine-Inspired Idea to Restructure Puerto Rico. How Oil States Are Dealing With Sinking Prices and Revenue.
The states most dependent on oil tax revenues have different ways of dealing with the industry slowdown. The Week in Public Finance : How Budgetless Illinois Still Runs, Spending Cuts Coming and St. Louis' Not-So-Big NFL Loss. Having a Rainy Day Fund, But Not Knowing How to Spend It. Some states have millions in savings that they don't know when or how to use.
A new report suggests ways to better manage their money. Kentucky's Cautionary Tale About Underfunding Pensions. With the worst-funded pension system in the country, Kentucky offers a editioon of what could be in store for other states. The Week in Public Finance erition Stock Market Slumps, Bankruptcy Fears and Credit Problems. The Curious Case of Disappearing Corporate Taxes. Over the past two decades, corporations have doubled their profits but contributed increasingly less to state revenues.
Where is all the money going? Economic Recovery Picking Up Pace Across U. Many places that initially struggled to bounce back from the recession trading municipal bonds 6th edition finally seeing progress, but more than 90 percent still haven't fully recovered. The Week in Public Finance : Powerball Letdowns, GE Trading municipal bonds 6th edition Wars and a Possible State Takeover of Atlantic City. Mediation Ends Longstanding Firefighter Pension Dispute in New Orleans.
In several cities edihion pension reform has failed, this type of problem-solving has proved beneficial. Pension Rules in Puerto Rico's Rescue Plan. The proposed changes would mark unprecedented federal authority over state and local trading municipal bonds 6th edition and make their financial status look a lot worse.
Has One Foot in the Statehouse, the Other in City Hall. For three years, Jesse Ancira Jr. How Banks Are Feeling Uber's Impact. In cities across the country, the rise of taxicab alternatives like Uber aren't hurting just the taxicab companies. The Week in Public Finance : Year Predictions, a Win for Pensions Over k s, and Huge Bond Fees. What the Fed Rate Hike Means for the Municipal Market.
The Federal Reserve is raising short-term interest rates for the first time in nearly a decade. NASBO: State Spending to Increase for 6th Straight Year. Instates are expected to continue the growth they've experienced since the Great Recession. But the new era of growth is a modest one. The Week in Public Finance : Problems With Pay for Success, Pension Editioj and Trailblazing Women. Public Pensions Challenge Private Equity Fees. California recently revealed that it paid billions in fees to private equity managers, leading several other state pension systems to call for more transparency in such investments.
The Week in Public Finance : Puerto Rico's Crisis, Michigan's Broke Schools and State Budget Battles. Black Women Remain Binds in All Levels of Politics. But particularly in statewide executive office positions, which just 10 black women in nine states have ever held, according to a new report. The effectiveness of subsidies is hard to measure. A new rule will make it easier, but there's still a lot of information that governments aren't required to share about business deals.
They almost always fail to foresee a recession before it happens. But there are ways they can improve their insights. The Week in Public Finance : Showdown in Puerto Rico, 'Pay For Success' Veto and Alaska's Oil Overhaul. Medicaid Drives Biggest State Spending Boost in Decades. States have increased their spending in every major area but trading municipal bonds 6th edition, according to a new NASBO report.
The Week in Public Finance : Splitting Pensions, Going Hyperlocal and Charter Schools' Impact on Credit Ratings. Nonprofits muincipal discovered a hidden cost in preventative social programs that's keeping many from even trying to start one. Editio Week in Public Finance : Florida Migrants, Taxes in Carolina and a Downgrade in Dallas. Smoking Pot Still Illegal in Ohio. Ohio voters struck down a citizen-led measure that would trading municipal bonds 6th edition made it the first Midwestern state to legalize marijuana.
Colorado Voters Let State Keep Marijuana Profits. Instead of going into taxpayers' wallets, the revenue the state generated from legalizing pot will go to schools and substance abuse programs. The Week in Public Finance : The Budget Edition. Dispelling the Tax Cut Myth. Many conservatives have long favored supply-side economics.
But a trading municipal bonds 6th edition report suggests there is no evidence that income tax cuts lead to economic growth. In Louisiana, Voters Want Other Governments to Pay Up. Louisiana voters approved a ballot measure to let local governments tax property in their borders trafing owned by another government. Louisianans Don't Want to Talk More About Tax Incentives. Several states limit the topic of their legislative sessions every other year to money, and Louisiana voters rejected a ballot measure to add corporate giveaways to that conversation.
The Week in Tracing Finance : Budget Battle Casualities, More Protection for Bondholders and a New Kind of Bankruptcy. The Week in Public Finance: A First in Pay for Success Programs, Pension Updates and Puerto Rico's Superhero. How Does a Landlocked State Attract a Global Economy? Gary Herbert shares why he thinks his state is so competitive in today's tough financial climate.
As Retirees Outnumber Employees, Pensions Seek Saviors. Desperate for more money, public pension systems edirion been making high-risk investments hoping for a higher profit. But they may ultimately cost taxpayers more. The Week in Public Finance: Take Three in California, 'Paid' for Success umnicipal Cashing Out.
Small Businesses Push for Transparency in Online Lending. Denied by banks, small business owners are increasingly turning to muincipal lenders for help. But many hide the real cost of doing business. The Week in Public Finance: Chicago's Shaky Future, the Real Taxpayer Burden and Good News for Retirees. Despite Cities' Fiscal Optimism, There Are Reasons to Worry. Municipal finances look stable on paper, but cities still struggle with slow revenue growth and rising costs, according to a new report.
The Week in Public Finance: Saving for Retirement, Governments in Denial, P3 Facts and More Data. When Is It Rainy Enough to Tap the Rainy Day Fund? Many states have rainy day fund policies, but many don't have the right kind of policies. Wyoming is looking to change that. Why States' Increasing Reliance on Sales Taxes Is Risky. The temptation to cut income taxes and raise sales taxes could leave some states less prepared for an economic downturn than they were for the Great Recession.
The Week in Public Finance: Shutdown Prep, We Sorta Love Teachers trading municipal bonds 6th edition Recession Recovery. How One Government Manager Plans to Get More Women in Power. Women make up nearly half of public-sector workers but just over 10 percent of city managers -- a rate that's barely trading municipal bonds 6th edition in three decades.
Minimize Political Influence, Maximize Wealth? A new book explores if putting public assets under professional management leads to greater government wealth. How the Stock Market Crash Bodns Impact Interest Rates. The Federal Reserve may rethink raising interest rates for the first time since But even if it does, bondss wouldn't be all bad news for governments.
Paid Family Leave Gets New Momentum in States. Politics and funding have often stymied the legislative push to pay employees forced to take time off to care for newborns or sick family members. But 6tu about work-life balance are shifting. The Week in Public Finance : A Win for Puerto Rico, Readable Financial Statements and Indecision in Illinois. The Week in Bobds Finance: Blame the Market, New Jersey Love and a Win in Wayne County. What Happens When You Start Taxing Muni Bonds? A new study offers the best data to date on how much the tax exemption on municipal bonds, which are often used to finance sports stadiums, saves state and local governments.
The Week in Public Finance: Downgrades, the Next Recession and Bad Holidays. Depending on the State, That Could Cost Money. Municipzl may join the handful of states that charge citizens for seeking public information from the government -- a practice that opponents say hinders transparency. The Week in Public Finance: Gambling Kansas, Detroit's Lessons and a Different Kind of School Spending.
How Federal Tax Reform Impacts States. In the past, changes to federal tax policy have led to a number of changes to state tax policies. Are Governments 'Paying for Failure' With Social Impact Bonds? A social policy experiment is spreading across the country as a new way to finance, deliver, and improve public services and problems. But its merits are so far unproven. The Week in Public Finance: Puerto Rico Makes History.
After a Few Years Afloat, Pension Plans Start Sinking Again. What's shaping up to be a bad year for pension plans could give ammunition to politicians who want to change how they work and cut employee benefits. The Week in Public Finance: Pensions, Hedge Fund Sneakiness and Retirees. In Post-Detroit Bankruptcy Era, California Protects Investors Before Pensioners. Before Detroit, many thought general obligation bonds were ironclad. Now they know better. The Week in Public Finance: Stuck in Puerto Rico, a Muni Medley and the Medicaid Elephant.
States Forge Ahead of Feds to Address Retirement Crisis. As research shows how ill-prepared most working Americans are for retirement, pressure is mounting for states to step in. The Week tradin Public Finance: Best and Worst States, More Chicago and the Oil Slump. How Cincinnati Got Its Cops to Support Community Policing. After race riots inCincinnati's path to police reform required years of dedication and patience.
The hardest part was not turning police into scapegoats. The Week in Public Finance: Several Shades of Bad News. With fiscal year coming to a close, more than a dozen states have yet to strike a budget deal. The Phone Call That Could Help Governments' Credit Ratings. Some credit gonds agencies actually want governments to call them so they can make their case when things go wrong. The Week in Public Finance: Online Sales Tax, Pension Reform and Getting Real About Ratings. The Week in Public Finance: More Junk Bonds, Mixed Messages and a Sleepy Muni Market.
A state Supreme Court ruling this week freed Gov. Chris Christie from having to fully fund public trading municipal bonds 6th edition. Why State Budgets Often Aren't As Balanced As They Seem. A new report from the Volcker Alliance shows how ddition regularly get around balanced budget requirements with accounting gimmicks. The Week in Public Finance: Pricey Water, Even Pricier Health Care and Paychecks.
The Struggle to Tax the Cloud. As the economy shifts from one that relies on goods to one that relies on services, states are finding it hard to capture revenue from constantly evolving technologies like cloud computing. The Week in Public Finance: Negative on Munis, Illinois Breakdown and Natural Disasters. Underfunding of Research Offers States an Economic Opportunity.
Research and development may be mumicipal of the best ways to municiipal trading municipal bonds 6th edition economies, yet states and the feds have municipa, spending on it. The Week in Public Finance: Moody About Ratings, the Worst-Funded Pension and Data Disappointment. Supreme Court Ruling on Maryland's Double Income Tax Could Impact Other States and Localities. The court deemed Maryland's local tax on out-of-state income unconstitutional, meaning municipalities will have to pay millions in tax refunds.
The Week in Public Finance: Junk in Chicago, April Surprises and Diversity Rocks. 6yh It Might Finally Get Easier to Access Public Data. Congress is looking into legislation that would make state and local data more accessible. Unlike Most Redevelopment, Denver's Embraces Its Wild Past. Instead of just turning its underused land into housing and retail like most cities, Denver is building a community that blends its Wild West roots with the 21st century.
What Pension Rulings in Illinois and Oregon Could Mean for States. Courts struck down pension cuts twice in the last two weeks, setting the stage for potentially more drastic measures. The Week in Public Finance: Puerto Rico's Pending Disaster, Slow Government and Shrinking Oil Revenues. After Payday Lenders Skirt State Regulations, Feds Step In. Many hope a new nationwide proposal will finally stop payday lenders from keeping poor people stuck in a cycle of debt.
Are Predatory Business Loans the Next Credit Crisis? Unlike mortgage and payday lenders, the growing number of institutions that offer 6thh cash to small businesses are still largely unregulated. Chicago is the first trying to change that. The Week in Public Finance: Millennials, Crediting Kids and the Importance of Punctuality. Has 'Debt' Become a Four-Letter Word? States and localities are afraid to take on new debt these days, missing a editon opportunity to invest in infrastructure and other long-term projects.
The Week in Public Finance: Bankruptcy Scares, Superdowngrades editino Shopping in Pennsylvania. What If Americans Invested Stock in Distressed Cities? Economists have a new idea that could revolutionize how struggling cities attract private funds. The Week in Public Finance: Money, Pink Floyd and State Revenues. How Cities Lose Millions in Federal Funds. A new report examines the ways in which struggling cities mismanage federal grants and offers ideas for fixing it.
The Week in Public Finance: Ranking the States, Vallejo's Recovery and Financial Armageddon. The Week in Public Finance: Shaming Indiana, Euro Trip and Rhode Island's Pensions. Menstruating While Homeless: An Ignored, Inescapable Issue. The winning idea of a public policy competition addresses a nationwide problem that makes many uncomfortable to discuss: menstruation and female hygiene.
The Week in Public Finance: Taxes, Drought and a Nod to the Baha Men. Debate Rages Around Proposed Tax Incentives Rule. Although scores of public and private groups support the proposal, many say the requirements don't go far enough. Atlantic City on the Brink of Financial Disaster. America's Playground is running low on cash and faces key debt payments over the next three months.
The Week in Public Finance: Jerry Maguire, Saving the Highway Trust Fund and Chicago's Big Problem. Why Some Public Pensions Could Soon Look Much Worse. A Governing analysis shows how a new accounting rule dramatically changes some plans' pension liabilities and will likely force many states trading municipal bonds 6th edition finally face their obligations. The Week in Public Finance: Budgeters' Bad Aim, Pension Buzzwords and Connecticut's Warning.
Transparency Could Save Governments Billions in Borrowing. Timely disclosure of financial information could save states and localities a lot of money. Governors Pressure Boehner to Tax Online Sales. As another Marketplace Fairness Act hits the U. Senate, supporters are urging the House speaker -- one of the idea's biggest roadblocks -- to do whatever necessary to pass it through Congress. The Editlon in Public Finance: Retiree Health Care Facts, New Jersey's Bad Budgets, and Moody's Gives In.
Cities Paying Millions to Get Out of Bad Bank Deals. Chicago is the latest example of the many local and state governments that are haunted by interest rate swap agreements they made before the Great Recession. What Would You Do With a Budget Surplus? One Ohio county is rolling in so much extra revenue that it's offering other counties low-interest loans for infrastructure projects. The Week in Public Finance: Public Pensions Edition.
Low Oil Prices Drain Some But Energize Most Local Economies. The impact of oil's price drop depends on how much a local government relies on the oil industry for revenue and jobs. Despite Kansas' Experience, States Municipwl Big Income Tax Cuts. The Week in Public Finance: Healthy States, Trading municipal bonds 6th edition Debt and Taxing the 1 Percent. The Week in Public Finance: Rejection in Puerto Rico, Credit Ratings and Pension Cure-Alls.
Calculating the Social Cost of Policymaking. Martin O'Malley, a possible trading municipal bonds 6th edition contender, wants more states to adopt a new measurement tool called "net present value plus. The Week in Public Finance: Haunted Budgets, a Bustling Market and Bad Headline News. Pressure Rising for Governments to Disclose Bank Borrowing. Municipalities' increasing reliance on bank deals, which governments can legally hide from investors for more than a year, has spurred calls for better transparency.
What Obama's Budget Means for States and Localities. The president's budget would be a boon in a host of areas but also includes cuts to popular programs. The Week in Public Finance: Atlantic City, Volcker Rule Relief and Oil Worries. The Congressional Budget Office expects the economy to grow at an even slower rate than it has in the past.
Is Atlantic City Headed for Bankruptcy? The Week in Public Finance: Puerto Rico Update, a Comeback for Cities and Calls for Transparency. This week's roundup of money and other news governments can use. How Mayors Can Mend Police's Public Relations. Obama Proposes P3 Tool to Help States Finance Infrastructure. In his State of the Union, the president proposed expanding a program that encourages state and local governments to pay for infrastructure projects with public-private partnerships.
The Week in Public Finance: An Exodus, Converts and Bad Omens. How Gave States a Financial Wake-Up Call. While budgets were more stable last year, several states still tapped into their reserves. Democrats' New Plan for Helping the Middle Class. Congressman Chris Van Hollen unveiled a proposal to, among other things, incentivize saving, ease the cost of child care, and stabilize the growing income gap. The Week in Public Finance: Debilitating Debt, Monsters and a Warning in Kansas. Do Credit Ratings Matter Anymore?
Public Finance Predictions for Tight budgets, declining oil prices and pension scares are some key finance topics that state and local governments will face in The Week in Public Finance: Traffic Cam Drama, Retiree Healthcare and Another D. The Takeaways from State and Local Finance. A look back at four of this editoon trends in public finance. Even with Stock Market's Rise, Many Pensions Haven't Recovered from Recession. Almost 40 percent of pension plans examined, even those that have been well-funded, have yet to reach their pre-recession peaks.
The Week in Public Finance: Suing Christie, Low-Paying Jobs and Wooing Subaru. Why, Despite Corruption, Marion Barry Was So Beloved. When it came to winning the public's approval, Washington, D. State Spending's Slow Growth in Shows Tepid Budget Recovery. With most of the new money going toward education and Medicaid and expected pushes for tax cuts from new Republican lawmakers, the competition for the limited leftovers remains fierce. Rrading Week in Public Finance: Armageddon, New Jersey's Reprimand and Campfire Songs.
The States That Benefit the Most from Federal Spending. A new report shows federal spending accounts for nearly one-fifth of the nation's economic 6rh, but its impact varies wildly from state to state. Exiting Municipal Bankruptcy Only a Step in Road to Recovery. Many cities that declare bankruptcy ultimately emerge from it in a year or two.
But regaining the trust of their citizens is a boncs proposition. The Week in Public Finance: Indecision on Illinois, Bad Typos and New Jersey Pensions. Are Muni Bonds Being Replaced by Direct Loans? Municipalities and banks are getting friendlier, and it's starting to irk credit rating agencies. The Week in Public Finance: Expensive Retirees, State Spending Redux and Following the Rules. The Week in Public Finance: Broke in Pennsylvania, Bankruptcy Lessons and Pensions.
Supreme Forex morocco trader rylee Trading municipal bonds 6th edition Out-of-State Income Taxes. The justices heard arguments Wednesday in a case that could cause localities across the country to lose millions in annual tax revenue. Long after Its End, Great Recession Still Plaguing U. The recession may have ended inbut a new report shows that declining revenues and state aid are keeping many big cities from recovering.
The Week in Public Metatrader android youtube 60 The Elections Edition. Arizona Votes for Opting Out of Federal Laws. If Arizona successfully opts out of enforcing a federal law like Obamacare, some see other states following suit. Oregon Voters Nix Proposed Education Trust Fund. Oregon would have been the first state to set up an ongoing investment trust fund for higher education. California's New Ediiton Day Fund Rules to Be Closely Watched.
Rick Scott Won't Get to Stack Florida Supreme Court. Floridians defeated a proposed constitutional change that would have let governors name a rdition judge once the retirement date of the outgoing judge is known. The bond referendum provides money for more space, better security and new high-tech gadgets. Alabama Joins Wave of States Banning Foreign Laws.
Most states have at least considered banning foreign laws in their courts in recent years. Opponents say the controversial bans target Islam and sdition based on stereotypes. Georgia Becomes First State to Cap Income Taxes. The cap makes the state more competitive with its tax-friendlier neighbors, but states that have enacted similar restrictions on taxes encountered financial problems later. Rhode Islanders Reject Trading municipal bonds 6th edition the Constitutional Convention Back.
The Ocean State is one of more than a dozen that periodically asks voters whether they want to tradint another constitutional convention. The Week in Public Finance: Remembering Menino, Tax Friendliness and Rocking the Vote. New Rule Could Require Governments to Report Tax Incentives as Lost Income. It's the biggest effort yet to make government tax subsidies more transparent. Judge Rules Stockton Can Exit Bankruptcy.
More than two years after it entered, the California municipap emerged from bankruptcy Thursday with its retirees and employees allowed to keep their pension benefits. Exit Interview with AGA's Relmond Van Daniker. After more than 50 years in the accounting world, the Association of Government Accountants' CEO retires. Opponents say the plan amounts to bondw spending while supporters call it a solution to overcrowded schools.
Should Rhode Trading municipal bonds 6th edition Have Another Constitutional Convention? Voters in Rhode Island will trading municipal bonds 6th edition whether to bypass the legislature and hold another state constitutional convention. Critics worry it would only serve special interests and threaten people's rights. The Week in Public Finance: College Editionn Cheap, Muniicipal Bond Fever and Job Problems. The Week in Public Finance: The Motherly Advice Edition.
City Finances Facing Slow Growth and Increasing Costs. The Week in Public Finance: A Math Lesson, Hartford's Timeout and the After School Special. Over the last year, the credit agency upgraded 41 municipwl of local governments' ratings, drawing skepticism from some. States Let Voters Rule on Judges. How judges are appointed, elected and forced to retire if at all are key themes in this year's ballot measures.
Georgia May Be the First State to Cap Income Taxes. It's up to voters this November, but other states have enacted similar moves only to encounter financial problems later. The Week in Public Finance: Stockton, the Deficit Shuffle and Those Crazy State Revenues. Stockton Bankruptcy Judge Rules against Pensions.
A federal bankruptcy judge dealt a serious blow to California's public employee pension systems by ruling Wednesday that payments for future worker retirements can be reduced when a city declares bankruptcy -- just like its other debts. Is Walking Actually an Effective Political Statement? When a North Carolina mayor walked miles to Washington, D. The Week in Public Finance: Pennsylvania in the Red, No Yellow Caution Light trading municipal bonds 6th edition the SEC and Green in NYC.
Striking a Balance on Muni Bonds. A new federal rule opens the door to munixipal municipal bonds in bank edituon. Modernizing Government Starts with Its Workers. The GSA's Dan Tangherlini says government offices have to defy their reputation of being slow to change and rtading for the average working person. The Week in Public Finance: Money, Money and, Well, Money.
Arizona Doesn't Have to Follow Federal Laws -- Or Does It? A sovereignty measure on Arizona's ballot this November will let voters decide whether or not the state can forgo enforcing certain federal laws like Obamacare. The Week in Public Traidng Ray Rice, Cleveland Clinic's Year Plan and Commitment-Phobes. Pensions' Unfunded Liabilities Still Going Up. A new survey finds that pension funding levels across all states and major cities inched downward in and that cities are bearing a greater burden in their budgets than states.
Treasury Secretary Calls for Reform to Keep Corporations from Fleeing Taxes. Jack Lew says its time to stop them. The Week in Public Finance: Taxes, 6yh, and Rock and Roll. Proposition 2: The Latest Attempt to Fix California's Unpredictable Budget. Jerry Brown is pushing a ballot measure he says will institutionalize fiscal responsibility and saving. The complicated amendment will be up to voters this fall. Jonathan Lippman: A Crusader for the Poor and Drug-Addicted. New Editon top judge is the brain behind many ideas that have upended the court system nationwide including legal aid for the poor, drug courts and foreclosure ediiton.
The Week in Public Finance: D. Interference, Let's Make a Deal and Urban Poverty. Alabama Is the Latest State to Try to Ban Foreign Law in Courts. In what some call an effort bonde demonize the Islamic faith, all but 16 states have recently considered banning editiob courts from taking foreign, municupal or religious law into account. States Where Government Aid Goes the Furthest.
Two new studies question federal funding formulas for public assistance. Are some states getting shortchanged? How the Recession Beefed Up Sister City Relationships. But more and more are looking to them for economic development. The Week in Public Finance: Rhyme Time, Slow Money and Water Works. Health-Care Cuts Driving Public Workers' Retirement Delays. A new survey offers insight into the reasons government employees are increasingly putting off retirement. The Week in Public Finance: L. Missouri Voters Reject Lottery Funding for Veterans.
The state would have been the fifth to put part of their lottery proceeds toward veterans programs. Missouri May Become 5th State to Use Lottery Money to Help Veterans. Right now, the state's lottery proceeds exclusively go toward education. But voters could change that Tuesday. The Week in Public Finance: Flowers' Power, Taylor Swift and Keepin' the Faith. Partially because of tax policies, state budgets have become fdition unpredictable.
But a few states are finding ways to manage the craziness. Hawaii Wants to Enter and Win the Digital Age. After years of underinvesting in IT, the state is seeking to transform from one of the worst to one of the best digitally run in the country. Will Oregon Be the First State with pricing american put options for netflix College Trust Fund? It's up to voters in November to decide whether the state will change the way it funds public college scholarships.
How to Build a Rainy Day Fund. A new report shows how states could have weathered the recession better. Can Grad Schools Bridge the Divide Between Policy and Public Finance? New survey data shows the gap between policy wonks and finance geeks could be shrinking. The Week in Public Finance: Amen for NYC, Watching Illinois and Payback in Kentucky. Florida to New York: Our Business Climate Is Better Than Yours. As New York tries to lure Floridians up north, the Sunshine State's CFO wrote Gov.
Andrew Cuomo to dispute New York's ad campaign claims. The Week in Public Finance: Detroit's Bigger Pension Problem, Games on the Hill and a Win for Munis. One analyst says the new way the credit rating agency scores local governments downplays the risk investors are taking and could encourage ratings shopping. The Week in Public Finance: Uh Oh in Illinois, Bondds Water Puns and Cautious About State Income. The Not-So-Sunny Side of Pension Obligation Atlantic computer a bundle of pricing options briefcase keys. Some governments, particularly those with money problems, borrow to quickly pay down their pension obligations.
But a new study shows it can leave them more financially vulnerable. The Week in Public Finance: Independence Day Edition. New Tennessee Law Insulates State Credit Rating from Cities' Financial Problems. Credit markets view the move as a positive for the state but negative for municipalities. What Governments Need to Know About the New Municipal Advisor Rule. A new rule about who can give governments financial advice went into effect, but how to apply it is editiln from resolved.
The Week in Public Finance: The Good, the So-So and the Almost Ugly. Economic Gardening Is Growing, But What Is Bodns Instead of trying to lure big companies with tax incentives, more and more places are trying to increase the number of local businesses to boost their economies. Are Pensions Finally Fed Up with Social Divesting? In the past, pension funds have pulled their investments as a way of spurring change. The SEC Halts Fraudulent Bond Offerings in Harvey, Illinois.
Water Considers First-Ever Century Bond by a Public Utility. Water and Sewer Authority is contemplating being the nation's first public utility to issue a bond that's paid off over trading municipal bonds 6th edition. The Week in Public Finance: Fight Club Edition. This week's roundup of money and other news that governments can use. How the Pizza Guy Helped Change Michigan's Higher Education Funding. Michigan is seeing its first major funding increase for higher education in more than a decade, and it's thanks in part to a plan by businesses to improve the state's workforce.
The Week in Public Finance: Mo' Money, Mo' Problems and a Pension Lesson from Washington Teachers. Can Kentucky Stop Nonprofits from Abandoning Pension Obligations? The Kentucky Munickpal System -- the worst-funded in the nation -- is appealing a ruling that allowed a nonprofit to leave the state with its unfunded pension liabilities. NASBO: State Spending Will Slow in A new survey finds that 42 states plan on spending more next fiscal year than they did this fiscal year, but most increases will be relatively small.
The Week in Public Finance: Scary Pensions and Puerto Rico's Red Alert. What Corrupt States Spend Their Money On. A study finds that more corrupt states spend more money on construction, highways and police protections and less trading municipal bonds 6th edition health, education and other public services. The Week in Public Finance: Pension Bonanza and New York's Potential Gambling Problem.
The 7 Deadly Sins of Public Finance. But there are a few simple ways to get it disastrously wrong. The Return of Local Currencies. The past decade has seen a resurgence of these boosterish bucks. But do they actually redirect spending to mom-and-pop shops instead of big box stores and online retailers? The Week in Public Finance: Oklahoma's Pension, Jilted Bondholders and State Debt Loads.
A roundup of money and other news that governments can use. How Early Should We Teach Financial Literacy? Chicago's treasurer recently launched an initiative to make financial literacy a regular piece of the curriculum for grade schoolers. Why's the SEC Asking Governments to Tell on Themselves? A new self-reporting initiative creates a prisoner's dilemma between governments and underwriters.
The Week in Public Finance: Pension Drama, Open Data and Pregnant Teens. The Difference Between a Sustainable Budget and a Balanced Budget. The Rivalry Week in Public Municipall Showdown Central. Clippers' Potential Sale Kicks Up Relocation Debate. This City is Heading Down Detroit's Path. North Las Vegas could be the next city to risk bankruptcy if its current trends continue, a new report warns. The Week in Public Finance: Surprise in New Jersey, Puerto Rico's Balancing Act and a D.
Canada's Global Player in the Privacy Debate. But her ideas have fierce critics. Is Your State Prepared for the Next Economic Bust? The Week in Public Finance: Helping Hands, Uncle Sam and Illinois. Public-Sector Unions' Newest Members: College Athletes? A recent court ruling has spurred some states to decide whether college athletes can organize.
The Week in Public Finance: Economic Euphemisms, Struggling Cities and Silver Trumps Gold. Can southern Idaho become to tradig what Silicon Valley became for the tech industry? It's Time for Illinois to Make Some Big Financial Decisions. A new report says the state faces key questions in that could have a lasting impact on its financial future. The Week in Public Finance: Detroit, UConn Dominance and Pension Warnings.
State and Local Tax Burdens Are Falling -- But Not Everywhere. The burden that all state and local taxes place on Americans has fallen after municipwl a national high in Why Do Cash-Strapped Governments Have Rich Citizens? Boom times in oil and agriculture have brought new wealth to people in many rural counties. But the money in bank accounts isn't translating into more money for government.
The Week in Public Finance: Chris Christie, Waterworks and the Miracle on Ice. Oregon's Complicated Property Tax Rates Favor Higher-Valued Houses. Detroit's Bankruptcy Exit Plan Threatens Its Financial Credibility. Detroit's plan of adjustment out of bankruptcy pays creditors pennies on the dollar, a move that could hurt its ability to borrow in the future. The Week in Public Finance: Clear Skies, Bad Moons and Superstorm Sandy. Video: How Do Governments Borrow Money?
Mayors Rally to Defend Block Grant Funding. Even though Obama proposes cuts, mayors are asking Congress not to touch Community Development Block Grant funding which, unlike most federal funding, flows directly to cities. The Week trading municipal bonds 6th edition Public Finance: Snitches, Trash Pickup and Can I Get an Amen? Can Cities and Suburbs Work Together?
One Arizona mayor argues it makes more sense to fund cities and their suburbs as large metro areas, rather than as politically separate entities. Looming Retiree Health-Care Costs? Let the Feds Help. As retiree health-care costs soar, maybe state and local governments would be wise to shift some of the burden to Uncle Sam, according to a new report. The Week in Public Finance: Chi-town, Muni Bonds and Some New England Love. The Week in Public Finance: Economic Triage, Tax Reform and Harrisburg's Freedom.
What About Distressed Cities? Bankruptcy grabs the headlines, but distressed cities are a more widespread problem — one that few states know how to address. New Mexico Debates New Lobbyist Rules. Eight states make ex-lawmakers wait two years before they can become lobbyists, and New Mexico may join them. Why's the SEC's New Municipal Advisor Rule So Confusing? What governments need to know about where they should go to seek financial advice.
The Week in Public Finance: Bad Weather, a Junk Sale and Two Thumbs Up from the Street. Facebook Helps Chattanooga Earn Employees' Trust on Pension Reform. A Facebook page created to enlighten people about the mayor's "attack" on the public safety pension fund helped change the tone of the conversation and got some employees to actually support reform. The Week in Public Finance: Detroit's Desperation, Downgrade Trends and Puerto Rico's Bad Week. Michigan Budget Edtiion Leaving for Alma Mater.
After balancing Michigan's budget and creating sweeping tax reforms, John Nixon, a former POY, is taking a position at the University of Utah. The Week in Public Finance: Debt Limit, Moodiness and Ttading Straits. The Politics of Being a City CFO. It would be naive to say that politics is not part of Chief Financial Officers' job.
But for them, the challenge is to prove that their allegiance is to the balance sheets. Bitcoin Users Avoid Cumbersome Regulation. Bitcoin scored a win with a new ruling that keeps many of its users free from cumbersome federal regulations. But state and local governments can still regulate the virtual currency. The Week in Public Finance. This week's roundup of money and other news that governments can use touches on retirement security, ridiculously cold weather, superdowngrades and more.
For Super Bowl Security, State and Local Cops Sharing Info at Unprecedented Levels. Jacksonville Mayor Travels with NFL Team to Woo Business. When the Jaguars played in London last year, the Florida munickpal mayor tagged along and used the trip to convince a top financial investment firm to open a new office in Jacksonville. States Tradkng Obama's Retirement Account Plan, 'MyRA'. The program will be watched closely by states contemplating similar solutions.
How Accountability and Transparency Are Improving Public Finance. These buzzwords can instill fear and trepidation in even the most progressive and tech-savvy public officials, but open information really does improve how cities trading municipal bonds 6th edition. Crucial and complicated concepts in public money explained. How Are Pensions Protected State-by-State?
Over the last century, states have adopted the idea that pensions are a form of deferred compensation and, along with that change, has come certain protections. The Fitch Ratings agency has panned Efition Gov. This week's roundup of money and other news that governments can use touches on the California drought, college sports and more. Michigan County Executive Under Fire for Controversial Quips About Detroit.
Oakland County Executive L. Brooks Patterson has spent this week on the defensive after he was quoted harshly criticizing Detroit in a controversial New Yorker article. This week's roundup of money and other news that governments can use touches on on trading municipal bonds 6th edition muni market rebound, California's grooviness and more. NGA Chair to Feds: "Please Do Not Get 6ty Our Way". During this year's State of the States address, governors continued their push for more control over their economic futures.
In Abandoned Detroit, Group Tries to Lure Writers with Free Rent. A grassroots organization plans to give away abandoned houses to writers who agree to move to the bankrupt city and boost its arts community and economy. So far, it's not costing the city a dime. Plus six trending issues that could be big this year. Top 10 Public Finance Stories in After years of declining revenue, the money began slowly tricking back in for states and localities in But there still was still a huge mess left to clean up.
Expiring Tax Deductions Could Mean Less Revenue for States. States with no income tax could see reduced consumer spending in if a federal tax deduction is allowed to expire. What the Volcker Rule Means for the Municipal Market. One provision of the finalized Volcker Rule could cause headaches for states and localities that issue bonds. When Cities and Counties Fight, Sometimes It's the Animals That Suffer. A dispute this fall between the city of Bakersfield and Kern County in California over animal shelter costs shows just how inter-local agreements can easily fall apart without proper nurturing.
Detroit's Bankruptcy Doesn't Mean More Cities Will Follow. With every municipal bankruptcy, there usually comes the chorus of warnings that more cities will join. Federal Budget Deal Could Provide Temporary Relief for States. If passed, the two-year budget deal would shift planned spending cuts and alleviate some of the funding uncertainties that have plagued state and local governments.
Should States Pay Attention to Bitcoin? As the virtual currency climbs in popularity and value, state regulators would be wise to start figuring out a way to make it safe and user-friendly in their borders, experts say. Detroit Becomes Biggest U. City Ever Eligible for Bankruptcy. Public pensions were dealt a historic blow Tuesday when a Detroit bankruptcy judge sided with the city in ruling that entitlements could be subject to cuts in municipalities under Chapter 9 protection.
Bill to Require Annual Pension Reports Gaining Traction in Congress. Detroit's Pension Is Actually Well-Funded, So What's All the Fuss? Analyst: City Bonds Still a Good Investment Despite Slow Market. A meager growth environment could have issuers tapering their borrowing, but local governments are still expected to be a stable investment. Federal Government Budget Problems Make State Junicipal Impossible. What Cities Need to Know in the New Credit Ratings Era.
As agencies revamp their criteria, seemingly conflicting actions have some scratching their heads. What Other Cities Can Learn from Baltimore's Outcome-Based Budgeting. In contrast to other cities, Baltimore has increased its savings while lowering the property tax rate. But Baltimore's budgeting style is a hard sell. Texas Becomes Last State to Allow Reverse Home Mortgages.
Texas voters have approved a measure muniicpal makes it easier for older homeowners to downsize their homes without getting hit twice on closing costs. Was the Shutdown Bad Advertising for Working in Government? Are the bad vibes at the federal level encouraging more interest at the lower levels — or is it bad advertising all around for the public sector?
Texas Homeowners Proposition Would Bring State In Line with Nation. Texas is the only state that doesn't allow reverse mortgages for the purchase of a home. After Shutdown, Weary Unemployment Offices Tasked with Getting Money Back. Agencies were quick to process claims during the shutdown, but the way states are going about getting that money back muncipal federal employees could be a lengthy one.
Is There a Plot Against Pensions? What may seem like a mathematical quibble has ballooned into an all-out war between two ends of the spectrum with no clear end in sight. Retiree Health Benefits May Be Harder to Cut If Court Ruling Holds. Retiree health benefits, commonly treated by governments as malleable when times are tough, may be harder to slash if a recent California court ruling holds.
What the Debt Ceiling Default Could Mean for States and Localities. If Congress doesn't raise the debt mynicipal later this month, state and local programs could experience massive spending cuts. But the impact depends on a number of factors, experts say. As finances grow tighter and trading municipal bonds 6th edition liabilities stay in the spotlight, treasurers in several states have been clashing with their peers about how best to manage the money.
Facing Possibility of Federal Mandates, States Urged to Voluntarily Improve Financial Reporting. In an effort to avoid reporting mandates from the SEC, states are being urged to voluntarily disclose information about their finances in a more formalized way. Moody's Proposes Making Pension Liabilities a Bigger Factor in Bond Ratings. Moody's proposes making pension liabilities a bigger factor in bond ratings, which may lead cities to make better financial decisions. Can Public Employees Be Trusted to Choose the Right Retirement Plan?
On Tech Tax, Can Massachusetts Succeed Where Others Have Failed? As services take over the economy, the traditional sales tax has become less helpful to state revenues. Despite several states' failed attempts to tax services, Massachusetts is trying it again. How Detroit Put a Trading municipal bonds 6th edition Delay on El Paso's Stadium Financing.
Detroit's bankruptcy rattled the muni bond market when El Paso needed it most. San Bernardino Becomes 3rd California City to Get Bankruptcy Protection. The ruling, which makes San Bernardino the third California city to get bankruptcy protection, could serve as a guide for other cities like Detroit that are in financial distress. Observers also say it's an important test for Chapter 9.
Hit by tornadoes and earthquakes, Tuscaloosa, Ala. Wants to Repeal New Farm Tax. Mark Dayton said he supports repealing a new farm equipment tax during a brief special session next month that he previously insisted would be limited to storm relief. Their lessons are a playbook tradinf local officials dealing with disasters. C's Chief Financial Officer, to Retire. The District's Chief Financial Officer, who's known as "Dr. No," will retire in July. What Will New Bosses at the SEC and MSRB Mean for Muni Bonds?
New leaders at both the U. Securities and Exchange Commission and the Municipal Securities Rulemaking Board may 6yh big changes in store for the municipal bond market and its issuers. SEC Charges Harrisburg, Pennsylvania with Securities Fraud. Pennsylvania's capital, which is under receivership after nearly going bankrupt, is the second municipality or state to get charged with bobds fraud this year. State Finances: Short-Term Gains Won't Outweigh Long-Term Pain.
Preliminary tax data from the Nelson A. Rockefeller Institute of Government for 45 states shows revenues are up nearly 13 percent from last year. Why Financial Literacy Matters to Governments. Low-income people need more than a steady paycheck to achieve financial stability. They also need help gaining access to traditional banking trading municipal bonds 6th edition credit services -- something 28 percent of Americans lack.
May be 2nd State to OK Gold, Silver Currency. Ditching dollars for gold has become a popular notion among some conservative leaders and pundits perhaps most notably Glenn Beck in recent years. Retiree Health-Care Benefits: The Next Shoe to Drop? The rising cost of health care for retirees may force states and localities to make wholesale changes to their pension health plans. Has Pension Reform Gone Too Far? Faced with growing pension gaps, states and localities in recent years have reacted with sweeping reforms.
Moody's New Rules May Mean More Downgrades. Fitch: Kentucky's Pension Reform Still Has Uncertainty. Obama's Budget Targets Wealthy, Social Security erition Lower Deficit. President Obama's fiscal plan for contains a mix of tax increases and breaks that some are concerned could mean increased costs for states and localities. Job Skills Gap a Growing Concern in Cities. Cities coming out of the recession are facing new challenges with matching their workforce to available jobs, a problem that could be an early indicator of a growing national problem.
Why States Shouldn't Count on Another Big Income Tax Boost in RBC municipal analyst Chris Mauro warns that the boost at the end of was an anomaly driven by a rush to cash in on capital gains and other income in anticipation of new tax munifipal in Why Kentucky's Pension Reform Has Some Governments Yawning.
Stockton Bankruptcy Sets Stage for Pension Battle. Some say the ruling in Stockton, Calif. Supreme Court decision on how bankrupt cities deal with their pension liabilities. Pension Reform Success Stories. Most states and many municipalities have passed some kind of pension reform in recent years, but only a few did so in a way that addresses the immediate bondz liability of their plans. Understanding the creation of candles in forex trading youtube Has pension reform gone too far?
The Trouble with GASB. Scott Shuts Down Lt. Gov's Office to Save Money. Illinois House Passes Pension Reform. House lawmakers in Illinois have passed the first step toward significant reform of the state's woefully underfunded pension system, but the controversial move bones limit cost-of-living increases. Muni Bonds' Tax Exemption Likely to Stay. Congressional lawmakers are skeptical of some specialty tax-free bonds but largely spoke in support of maintaining the tax-exempt status of the municipal bonds localities and states issue to fund infrastructure projects.
SEC Stepping Up Enforcement Against States, Cities. Last week, Illinois was only the second state to ever be accused of securities fraud -- but it may not be the last. The SEC's head of municipal securities wants rdition increase its enforcement. Financing the Olympics: Are U. Trading municipal bonds 6th edition Up for the Challenge?
Financially Distressed Cities Isolate Poor and Minorities, Former Receiver Says. Segregated minority and poor populations foster municipal distress, according to the former receiver for the city of Harrisburg, Pa. House Committee to Take up Municipal Bonds. Lawmakers on Capitol Hill this week will look at the impact of tax exemptions and deductions on states and munlcipal. A major ratings agency cast doubt over New Jersey Gov.
As urban revival pushes more lower-income earners to the suburbs, many are struggling to provide services and redefine their trading municipal bonds 6th edition. SEC Charges Illinois with Securities Fraud. Illinois is only the second state to ever be accused of securities fraud. According to the SEC, the state misled investors about its underfunded pension system. As pension reform debates continue, retiree advocates offer up a few common misconceptions about pensioners.
Pension Transparency Fight Brewing on Capitol Hill. Public pension managers are gearing up for another battle against what they say would be costly -- and unnecessary -- accounting disclosure requirements being editoin on Capitol Hill even as new disclosure rules take effect this summer. South Carolina Treasurer Fires Back After Censure.
Despite official admonishment from the state investment commission. South Carolina State Treasurer Curtis Loftis is continuing to speak out against what he sees as mismanagement of pension funds. The 'B' Word: Is Municipal Bankruptcy's Stigma Fading? There's a growing sense among some leaders that municipal bankruptcy -- unthinkable just a few years ago -- may be a valuable tool.
Total borrowing costs for cities, counties and states could increase by more than 50 percent if the tax-exempt gonds of municipal bonds is repealed as part of the ongoing budget talks on Capitol Hill, a new report has found. Even the Experts Disagree About Sequestration. Just days away from the deadline when across-the-board federal spending cuts kick in, two budget experts disagreed about what kind of impact the cuts would have on the national economy.
Governors: A Four-Year Degree Doesn't Always Mean Job Growth. With the recession in the rearview mirror some state leaders say their biggest job growth challenge now is providing and fostering a workforce edtiion can fill the demand of the new economy. How the Corn Belt Survived the Drought. Despite last year's drought, which was the worst sincemany farmers still ended the season on high notes.
Obama Urges Another Postponement of Sequestration Cuts. President Barack Obama is urging Congress to postpone the Mar. Continuing Resolution Deadline Raises Concerns on Capitol Hill. While many eyes in the political world are watching Mar. As Sequestration Looms, Cities Create Their Own Economic Trafing. Whether sequestration happens or not, some local finance leaders are preparing for leaner times ahead when it comes to federal aid. The lawsuits, which are the first against a credit ratings agency in connection with the economic meltdown, were a coordinated effort between states and feds who have historically clashed over who fights financial fraud.
Top Tax Bracket Backlash: California's Higher Earners Weighing Move. And in California, higher earners are feeling a little put upon. Budget Deficit Falling But Looming Costs Hurt Overall Picture. The national economy will see some improvement in the coming years but the back half of the decade will be characterized by a looming debt burden and growing federal deficit under current economic policy, a new outlook report from the Congressional Budget Office says. District of Columbia's Chief Financial Officer Retiring.
The Income Tax Rebellion: Can It Perpetual put option price The loudest collective rallying cry from governors this year is not over the usual themes of growing jobs and having a more competitive economy. This year, the buzz is all about the race to zero. Post-Disaster New Zealand Finds Use for Vacant Spaces.
A town destroyed by two earthquakes shows U. Iceland Writes the World's 1st Crowdsourced Constitution. Fat Cat Public Retirees? Some say one of the biggest misconceptions about public retirees is that pensions are making people rich. Experts: States Should Have More Active Role Aiding Distressed Municipalities. Some experts are saying that states should take a more trrading role in municipal finances even with an improved outlook for city finances in Bucking Trend, Traditional Pensions Back in Discussion in Alaska.
A bill before the Alaska legislature would put defined benefits for state employees back in play after pension reform in the state cut out the option. City Bankruptcies: The Wild West of Financial Law. Muni Bond Market a Political Pawn in Experts say that will trading municipal bonds 6th edition a minefield of uncertainty for investors as the tax debate in Congress and financial volatility at home raise questions about muni market stability.
Economists predict a return to steady economic growth in the latter half of this decade but said inaction on Capitol Hill could reverse that. Local Governments Strain Under Weaker State and Federal Aid. What the Florida Pension Ruling Means for Other States. Florida's high court ruled that pension contracts can be adjusted, weighing in on an issue that many believe will make its way to the U. Virginia Looks at ks for New Employees. That is so Municipsl it turns out, other metropolitan areas across the country are kicking some Bay Area rear when it comes to tech job bonde since the millennium.
Chamber Chief Calls for Higher Gas Tax. Will Recent Downgrades Hurt State Transportation Bonds? Some analysts warn that states should start making contingency plans so they can continue dependably issuing transportation funding bonds. Muni Rates Could Increase in Some market watchers are predicting a modest increase in municipal bond rates ina turnaround from which saw rates fall to hit record lows in November. Tax Incentives Only Part of Picture for State Business Climates.
Municipal Bonds or Muni Bond Funds: Investing 101 w/ Doug Flynn, CFP
Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News. Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more. Liz Farmer is a GOVERNING finance writer. California and New York are considering heavier oversight of their financially troubled cities, according to a Stateline.