Muni Think

The strong performance of the New York Mets this season, which resulted in their appearance in the National League Championship Series this week, may also help the team’s bonds.

School districts in Michigan have suffered enrollment declines tied to aging demographics and competition from neighboring public schools and charter schools.

The local property tax exemption for non-profit institutions has come under attack in recent years, as municipalities, coping with diminishing tax bases, have sought new sources of revenue to bolster their treasuries.

This week we update a comparison of economic strength and fiscal health for New York State Counties, we look at the impact of MCDC on the number of 15c2-12 filings, and highlight one piece of good news for Puerto Rico.

In muni underwriting understanding who is obligated to make required disclosures and the content and timing of required disclosures are critically important.

Of the 18 states with increasing poverty rates, all but three experienced increases in median household income.

The choice to pay or not pay debt secured by a statutory lien when bankruptcy commences is entirely in the control of the municipal debtor.

The challenge of pension promises and bond indebtedness is inextricably entwined.

Some of the past year’s decline might have been caused by a stronger dollar reducing demand for U.S. products, but the main factor is likely lower energy and commodity prices.

Misinformation abounds as states move to protect general obligation debt with statutory liens.