MuniLand

After being briefed on the Chicago mayor’s infrastructure trust proposal, some aldermen say they have more questions than answers. WTTW of Chicago got the reaction of those responsible for approving the trust that will privatize many of Chicago’s public assets. Here is the proposed Infrastructure Trust Ordinance from Mayor Rahm Emanuel’s office.

Good Links

Birmingham News: Jefferson County creditors gain approval to challenge bankruptcy eligibility issue

Birmingham News: Jefferson County maxes out bank-issued credit card, must pay cash

PFM: State programs for municipal financial recovery

WPRI.com: Central Falls receiver emerging as leading national proponent of Chapter 9

Bloomberg: California borrowing costs are lower on strong demand

LAT: California teachers pension faces $65 billion shortfall

@Twitter Talk

PewCenterOnTheStates @PewStates Stateline: Connecticut Medicaid backs away from managed care http://ow.ly/aaw6F

David Jolly @davjolly Large fries, hold the bypass: Some US hospitals have as many as 5 fast food outlets http://n.pr/IhyAuC

Ted Nesi @tednesi Yikes – 36 locally run RI pension plans’ funding gap grows to $2.3B and may get worse; Coventry PD plan just 11% funded: http://bit.ly/IwjYGW

Eric Veronikis  @everonikis Dced’s fred reddig to oversee implementation of david unkovic fiscal recovery plan for harrisburg until gov. Corbett appoints new receiver

Tara Leo Auchey  @todaysthedayHBG What crime looks like in the City. See the HBG map created by @TravisWoodyard. Shows where incidents are occurring:  http://bit.ly/HGcNiI

The Detroit News  @detnews Cop car wars: Big 3 battle for supremacy in patrol market with new pursuit vehicles. http://detne.ws/I3MoXR