Municipal Bonds

Dilworth park

Details of Philadelphia's $181 Million, Voter Approved Bond

Voters approved a $181 million municipal bond to fund public works investments around the city.

November 15, 2018 - PlanPhilly

Berkeley Hills Bay Area

The Country's First Municipal Cryptocurrency Could Fund Affordable Housing

The city of Berkeley is exploring the sale of digital tokens—backed by municipal bonds—as a fundraising mechanism for affordable housing and other local priorities.

February 14, 2018 - Business Insider

Freeway Construction

Public-Private Partnerships: Cost-Effective or Cash Cow?

Public-private partnerships between local governments and private contractors have the Trump Administration's favor. But in a "P3 market in its infancy," can they cut costs or simply line pockets?

June 27, 2017 - The New York Times

Shedding Light on the $3.7 Trillion Municipal Bond Market

The Municipal Securities Rulemaking Board is working toward new levels of transparency in the municipal bond market.

March 20, 2016 - At Lincoln House

Atlanta Georgia Dome

When Publicly Funded Stadiums Gut Neighborhoods

In Atlanta—and throughout the country—city politicians have proven willing and eager to support stadium construction. But though these facilities are marketed as economic drivers, they often cause steep declines instead.

September 18, 2015 - AlterNet

Cincinnati Stadium Riverfront

Friday Funny: John Oliver's Takedown of Public Money for Professional Sports Stadiums

HBO's John Oliver wants cities to do one thing when professional sports teams come asking for public money to build new stadiums: "Make them pay!"

July 17, 2015 - The Washington Post

Highway Trust Fund Projected to Become Insolvent Earlier than Expected

As we've noted numerous times, the Highway Trust Fund will become insolvent around the end of the fiscal year - Sept. 30, just when MAP-21, the transportation authorization bill, expires. We were wrong. The new HTF "ticker" explains the bad news.

February 20, 2014 - Politico Morning Transportation

Detroit Default Ripples Through Municipal Bond Market

The Motor City is the not the only victim of the largest municipal bankruptcy in U.S. history. Local governments across Michigan are now encountering substantial obstacles to borrowing amid concerns about the security of municipal bonds.

August 12, 2013 - The New York Times

Window for Advantageous Public Borrowing Closing Fast

For years, public leaders have touted low interest rates as a fantastic opportunity to borrow money to modernize America's aging infrastructure. That opportunity looks to be ending, as rising interest rates batter the municipal bond market.

June 28, 2013 - The New York Times

Municipal Bond Defaults Unlikely

Many voices have raised concerns over municipalities defaulting on bonds during these tough economic times. But as this op-ed argues, those concerns are misguided.

March 22, 2011 - The New York Times

Municipal Bond Default Wave - But Not in Cities

Municipal bonds are being defaulted on left and right. But the news sounds worse than it is. Few of those defaults are by cities -- for now.

August 13, 2009 - Governing

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