MuniLand

Many local governments thrived on the increased revenues from property taxes on new homes through 2007. It’s been downhill ever since, creating a real drag on local budgets.

Good Links

Bloomberg: States lacking income tax get no boost in growth

WSJ: State and local fiscal burdens drag on economic recovery

Reuters: New rules may make public pensions appear weaker

Bloomberg: Public pensions face wider deficits under new rules

Bond Buyer: SEC approves new rules for muni-bond broker’s broker

Bond Buyer: Despite fears, many muni credits are stable to better

NYT: “Double-barreled” bonds

Post Standard: Mayor talks nonprofit Syracuse University into making payments for city services

@Twitter Talk

63% say US society fair and decent… 26% say unfair and discriminatory… tinyurl.com/7hobxap

— Scott Rasmussen (@RasmussenPoll) June 24, 2012

Mild impact of Euro nationally does not mean the same for all states. Which states are most vulnerable to contagion? bit.ly/Ko1721 — Milken Institute (@MilkenInstitute) June 22, 2012

MSRB Enhances Online Directory of Rules msrb.org/Rules-and-Inte…

— MSRB (@MSRB_News) June 26, 2012

As temperatures rise in the Northeast, so do muni deal numbers.Here is this week’s muni calendar: bit.ly/MbDlf5 #muniland #munis — IpreoMuni (@IpreoMuni) June 25, 2012