MAC Of Texas

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"...The recent case brought against Harrisburg, which the Pennsylvania capital city settled with the federal regulators, represents something significantly new and different."

The SEC and Harrisburg: the Wrong Path to Fiscal Transparency In charging Harrisburg with securities fraud based partly on a former mayor's state-of-the-city speech, the SEC is taking a path it shouldn't.

"The ratio of muni-bond yields to Treasury yields recently jumped back up to well over 100 percent and is still above its long-term average."

Who’s Afraid of Municipal Bonds? Gyrations continue in muni markets. Still, no crisis looks imminent.

"In recent months, these capital appreciation bonds have come under sharp criticism after reports that some California school districts that used them will end up owing as much as 10 times what they borrowed."

Capital appreciation bonds draw critics, but Dallas-area school districts say they’re necessary In fast-growing area, the expensive finance tool is used to meet the demand for new facilities to accommodate students.

"In Standard & Poor's Ratings Services' most recent review of Texas unlimited property tax districts (broadly referred to as municipal utility districts, or MUDs), the vast majority of reviews resulted in affirmations."

Standard & Poor's Global Credit Portal In Standard & Poor's Ratings Services' most recent review of Texas unlimited property tax districts (broadly referred to as municipal utility districts, or MUDs), the vast majority of reviews resulted in affirmations.

"Cities like Stockton, California have already filed for bankruptcy due to their inability to control their budget deficits."

Gone Are the Days When Municipal Bonds Were Safe Municipal bond investors beware

"On CNBC's 'Fast Money,' the president and CEO of Lebenthal & Co. said that she didn't see the economy strong enough for the Federal Reserve to begin tapering of its $85 billion-per-month asset purchases."

Trading the Muni Spring Sell-Off After three weeks of historic outflows from munis, Alexandra Lebenthal explains what's next.

"Gov. Rick Perry today expanded the special session call to include transportation funding."

Office of the Governor Rick Perry - [Press Release] Gov. Perry Adds Transportation to Special... Gov. Rick Perry today expanded the special session call to include transportation funding.

Texans on Local Debt

Tell The Truth Texas: What We're Hearing On May 28, the Texas Comptroller announced Tell the Truth Texas, a project that aims to collectall available information on local government finances in our state, including existing and proposed debt of cities, counties, school and hospital districts and hundreds of special-purpose districts throug...