MuniLand Snaps: April 20
The Detroit Works Project is a wonderful example of a community working to revitalize itself. Good luck to the Motor City and its citizens.
Good Links
Grattan Institute: Humans are social animals, so cities should be social
Center on Budget and Policy Priorities: States are cutting $3 for every $1 of tax increase
NYT: State tax collections finally surpass pre-recession highs
State and Local Government Excellence: State and local government workforce: 2012 trends
Investment News: In an apparent first, a public pension plan files for bankruptcy
Bond Buyer: Muniland insider says Chapter 9 municipal bankruptcy becoming more accepted
Reuters: Municipal bond mutual-fund flows continue their seesaw action
Bloomberg: Rhode Island comes to public market to borrow $118 million
WPRI.com: Providence pension panel recommends suspending COLAs, capping benefits
@Twitter Talk
CTJ @taxjustice Good stuff from @bradplumer: “Do voters really flee high-tax states?” (Answer: apparently not) http://wapo.st/I7pZta
Paul Greaves @greavespg Reuben – “States often balance budgets by cutting aid to local govts. Meanwhile local taxes are expected to underperform. #muniland #NFMA
Pension Dialog @PensionDialog > half of state-local governments still have pay freeze, are adjusting benefits but layoffs slowed via @4GovtExcellence http://bit.ly/HQnpND
IpreoCapMarkets @IpreoCapMarkets Negoiated deals keep muni numbers afloat. Here is next week’s muni deal calendar: http://bit.ly/I8795j
Illinois is Broke @IllinoisIsBroke @JudyBaarTopinka hopes to add pension fund-by-fund, employee-by-employee accounting of who is due what to new site: http://ow.ly/amw4
Jane Roh @Jane_Roh Councilman @BobbyHenon names problem property owners, threatens to subpoena them. #PhillyCouncil #hammertime
Rachel Barnhart @rachbarnhart Buffalo’s ghost factories, poisoning neighborhoods with lead http://on.wgrz.com/Ioyoeu
Erika Niedowski @eniedowski State takes ‘day to day’ control of Central Falls, RI school finances http://apne.ws/HTN9Eb%0A

