MAC Of Texas

"The ratio of muni-bond yields to Treasury yields recently jumped back up to well over 100 percent and is still above its long-term average."

Who’s Afraid of Municipal Bonds? Gyrations continue in muni markets. Still, no crisis looks imminent.

"In recent months, these capital appreciation bonds have come under sharp criticism after reports that some California school districts that used them will end up owing as much as 10 times what they borrowed."

Capital appreciation bonds draw critics, but Dallas-area school districts say they’re necessary In fast-growing area, the expensive finance tool is used to meet the demand for new facilities to accommodate students.

"In Standard & Poor's Ratings Services' most recent review of Texas unlimited property tax districts (broadly referred to as municipal utility districts, or MUDs), the vast majority of reviews resulted in affirmations."

Standard & Poor's Global Credit Portal In Standard & Poor's Ratings Services' most recent review of Texas unlimited property tax districts (broadly referred to as municipal utility districts, or MUDs), the vast majority of reviews resulted in affirmations.

"Cities like Stockton, California have already filed for bankruptcy due to their inability to control their budget deficits."

Gone Are the Days When Municipal Bonds Were Safe Municipal bond investors beware

Texans on Local Debt

Tell The Truth Texas: What We're Hearing On May 28, the Texas Comptroller announced Tell the Truth Texas, a project that aims to collectall available information on local government finances in our state, including existing and proposed debt of cities, counties, school and hospital districts and hundreds of special-purpose districts throug...