MuniLand Snaps: March 15, 2012

By Cate Long
March 15, 2012

New York Mayor Mike Bloomberg and others are paying for this ad on pension reform. Change is sweeping the nation.

Good Links

USA Today: “Property taxes may actually bring in fewer dollars this year than last”

Bond Buyer: Household muni ownership falls to two-year low

NCSL: Report: State pension reform 2009-2011

Bloomberg: Pension benefit costs cut by record 43 states, study says

Stateline: States that pursue “health homes” will get a 90 percent federal subsidy

Bond Buyer: Detroit rejects Michigan governor’s consent decree

Orrick and Bond Buyer: ”Navigating the Municipal Bankruptcy Minefield” Webinar on March 22

@Twitter Talk

CleveFed_ComDevCleveFed_Com Dev @CleveFed_ComDev New report: Community Issues survey results. Top three concerns are jobs, vacant properties, and budget cuts. http://ow.ly/9Elt4
Richard FloridaRichard Florida  @Richard_Florida Sick Suburbs – “so poorly designed that residents face an epidemic of chronic diseases such as obesity & depression” http://bit.ly/yxO6FY
Center on BudgetCenter on Budget @CenterOnBudget TANF Weakening as a Safety Net For Poor Families http://bit.ly/TANFINFO
Bond Girl Bond Girl  @munilass Muni market groups strongly oppose floating NAV http://bit.ly/xV08qO Argue it would force state and local governments to divest holdings.
Bob NelsonBob Nelson  @BNels22 MMD AAA 10yr yld +15bps since Monday, Tsy 10yr +24bps – munis outperforming, but ratios are tumbling ( last at 95.6%) #muniland
Paul Greaves Paul Greaves  @greavespg MT @Debtwire: Pontiac’s finances are under a state-appointed manager. Not a great time for tax breaks to spruce up a 37 year-old stadium.

The Patriot-News The Patriot-News @PatriotNews Harrisburg Receiver David Unkovic releases names of parties interested in parking system lease  http://bit.ly/wOSF6E

Barry Graubart Barry Graubart  @graubart You can fight city hall (or Village Hall)  http://bit.ly/w3eVoH (Please RT)

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