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Downtown Dayton, Ohio, Could Prosper as Office Space Evolves governing.com/work/Downtown-…
governing.com
Downtown Dayton, Ohio, Could Prosper as Office Space Evolves
Big cities like San Francisco and New York have suffered as companies flee. But secondary markets like Dayton can leverage their exceptionally low costs, great infrastructure and higher quality of...
A Yale “study” last week concluded upping unemployment benefits to levels above what the lost jobs were paying does not provide a disincentive to to return to work. Yeah, right. And winning the lottery motivates the winners to take a second job.
From March through May of this year, 34 states experienced at least a 20% drop in revenue compared with the same period last year, npr.org/2020/08/03/893…
npr.org
States Are Broke And Many Are Eyeing Massive Cuts. Here's How Yours Is Doing
Some states face record-breaking deficits because of the coronavirus pandemic. We asked local reporters across the country to tell us what could be on the chopping block in your state.
Illinois secondary market spreads ease amid continued fiscal uncertainty bondbuyer.com/news/illinois-…
Delta suspends service at Midway, 9 other locations through September to minimize COVID-19 risk abc7chicago.com/6166178/?ex_ci…
5M face masks to be distributed at Chicago churches abc7chicago.com/health/5m-face…
Why the Path to Reopening New York City Will Be So Difficult nytimes.com/2020/05/10/nyr…
Combination hybrids feature a DB component usually providing modest pension benefit combined with a DC component that usually is mandatory. Combination hybrids are in place, either on an optional or mandatory basis include:
Wachovia and Washington Mutual say the real estate market will be fine 😉🌅
The forecasts of prolonged – and more widespread – impacts and effects of the #COVID19 pandemic have resulted in worsening predictions for traffic and revenue losses for airports across all regions. Get the latest figures: ow.ly/2Go750zyH11
As would be expected...
Moody’s announces it is changing outlook for U.S. States from stable to negative as coronavirus shutdowns precipitates a severe economic downturn & subsequent recovery that will challenge state credit strength....likely prolonged recovery will lead states to employ a variety....
Cate Luis should add this count to his daily tally on his radio show.... @DAVILACOLON
1,397 days since Puerto Rico has reported financial data that was audited. On June 30, 2016 President Obama signed Promesa and since his signing there is complete opacity on PR govt finances. Does anyone really believe it takes almost four years to complete an audit? #muniland
And one last note, Illinois aiming for tuesday on the notes and 12th for the bonds but flexible and watching the market....Moody's affirmed yesterday and S&P today.
Pritzker is absolutely shameless. Claiming today at daily briefing that budget was balanced before pandemic and that he accomplished "dramatic" pension reform. Press never challenges any of that.
Munis on 'fragile side of normalcy' as benchmark yields rise but new deals get done bondbuyer.com/news/munis-on-…
Los Angeles mayor's $10.5 billion budget paints a bleak picture bondbuyer.com/news/los-angel…
Important to monitor for muni bond investors
McConnell state bankruptcy remarks raise constitutional questions thehill.com/homenews/senat…
thehill.com
McConnell state bankruptcy remarks raise constitutional questions
Municipal finance experts say that it may be unconstitutional for Congress to allow states to declare bankruptcy, and that even if it is constitutional, it would be a bad idea.
McConnell state bankruptcy remarks raise constitutional questions thehill.com/homenews/senat…
thehill.com
McConnell state bankruptcy remarks raise constitutional questions
Municipal finance experts say that it may be unconstitutional for Congress to allow states to declare bankruptcy, and that even if it is constitutional, it would be a bad idea.
Gov. Pritzker asked about Mitch McConnell's comment today on allowing states option of filing bankruptcy to deal with covid-19 losses ...is that somethinng you have considred or would consider with state lawmakers: "No."
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