MuniLand Snaps: January 23, 2012

January 23, 2012


Tom Kozlik, director of municipal credit analysis for Janney Montgomery Scott, talks on Bloomberg about the improving credit conditions of state government finances. He doesn’t have much comment on the historically low interest rates, though.

Good Links

Northwestern Mutual: Study on the cost of long-term care

AP: Illinois’s backlog of unpaid bills reaches $8.5 billion

Bloomberg: Moody’s lowers Connecticut’s credit rating to Aa3

MSRB: MSRB to make inter-dealer yields available on its EMMA website

Bond Buyer: Good but technical piece on muni/Treasury ratios

Bloomberg: Fracking market to grow 19% worldwide in 2012

ZeroHedge: “Don’t Frack Me Up”

Governing: DC, Colorado top list for LEED-certified buildings per capita Texas water regulators are most generous in the country for private water companies

City and State NY: Cuomo attempts to cap nonprofit administrator pay at $200,000

Reuters: 23-year-old treasurer of Harrisburg, PA in limbo as state receiver has fiscal control

@Twitter Talk

Cate Long @cate_long Cate Long  MSRB showing interdealer quotes on EMMA moves muniland much closer to equity type trade data. All trades publicly reported equally.
Center on Budget @CenterOnBudget Center on Budget   ICYMI: “One Down, Six to Go!” 6 states left that don’t post cost/savings estimates of proposed legislation
Tax Foundation @taxfoundation Tax Foundation  Tax Policy Blog: Georgia Governor Proposes Modest Sales Tax Reform, Restructured Jobs Tax Credit
Dave Levinthal @davelevinthal Dave Levinthal   Waiting for @MittRomney in Florida: a $1 mil. ad buy against him by the Am. Fed. of State, County and Municipal Employees.
Bond Girl @munilass Bond Girl    Florida governor orders investigation of state’s 1,618 special districts (I’m sure that will be thorough.)
Marty Swant @martyswant Marty Swant   RT @krfaulk U.S. Supreme Court denied petition of former Jefferson County Commissioner Larry Langford to review his public corruption case.
Bond Girl @munilass Bond Girl  For example: JeffCo can pay lawyers $22.1 million in fees, but has no staff to open mail and process $100 million in property tax checks.
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