MuniLand Snaps: March 15, 2012

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.
Richard FloridaRichard Florida  @Richard_Florida Sick Suburbs – “so poorly designed that residents face an epidemic of chronic diseases such as obesity & depression”
Center on BudgetCenter on Budget @CenterOnBudget TANF Weakening as a Safety Net For Poor Families
Bond Girl Bond Girl  @munilass Muni market groups strongly oppose floating NAV 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

Barry Graubart Barry Graubart  @graubart You can fight city hall (or Village Hall) (Please RT)

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