MuniLand Snaps: May 3

By Cate Long
May 3, 2012

http://www.youtube.com/watch?v=WPKcPwklqT4&feature=player_embedded

The Federal Reserve Bank of Cleveland prepared this simple primer on municipal finances.

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LAT: S&P sounds alarm over California’s April tax revenue

Bloomberg: California governor will seek “serious cuts” in state’s budget plan

Charlotte News Observer: North Carolina non-profit hospitals provide 1%-13% of charity care

Chicago Tribune: Cook leaders want property-tax-exemption crackdown law

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2 comments

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Have to agree with the word “simple” to describe the video. The Cleveland Fed’s good intentions to simplify the complex world of public pensions unfortunately missed the mark in some cases. The director of research at the National Association of State Retirement Administrators contacted them and submitted his concerns (read the memo here: http://wikipension.com/images/1/13/Cleve landFedvideoresponse1204.docx.pdf). The Fed has been receptive and is making corrections (one factual misstatement regarding Social Security is removed from the version above).

Posted by AdyDewey | Report as abusive

Nevada spends the least per-capita among the states. What states spend the least per-capita?–It’s a measure of a state’s efficiency–2012 ranking top 5 states: http://tinyurl.com/7cyj4p2

M. Keating
Govt Product News Magazine

Posted by mikekeat | Report as abusive