School districts in #Oklahoma fund building projects and infrastructure investments through bonds — or loans — paid back over time with property taxes. Under state law, #oklaed districts must secure at least 60% voter approval to sell #bonds. | #MuniLand
nondoc.com/2026/01/20/e...
1/2 A federal judge today ruled that Pres. Trump unlawfully removed three #PuertoRico Oversight Board members—Arthur Gonzalez, Andrew Biggs & Betty Rosa—since they were dismissed without cause under PROMESA. The members had filed suit Sept. 18. #muniland www.nytimes.com/2025/10/03/u...
OK I can’t help but dip my pretty little head back into #muniland just for a minute for a Q: how are the tariffs impacting munis? The stuff I’m reading about mentions treasuries, just curious how the muni market reacted.
Since @GovPritzker took office in 2019, Illinois’ inflation-adjusted economy has grown only 5% – the nation’s 4th-worst growth.
#Indiana, which Pritzker recently dissed as a low-wage and unattractive state, grew 15% over the same period, three times more. #twill #muniland
Don't miss this emergency episode of @PublicMoneyPod as @VolckerAlliance Sr Dir @winnritz @Carolyn4GA7 @LMWashburn1 make sense for states munis of the flood of news from the White House. podcasts.apple.com/us/podcast/e... @LizFarmerTweets @HarrisPolicy @publicfinance #muniland
Emboldened by yet another win against #PuertoRico's OBoard, PREPA bondholders say they intend to "vigorously litigate" absent a global settlement. On Dec 31, the 1st Circuit Appeals Court rejected a 3rd OBoard appeal on PREPA bondholder liens. www.businesswire.com/news/home/20... #muniland
Value of US #corporate #bond market up ~2X since '09, #Treasury market +4X (deficit spending) but #muni market stuck at $4T despite infrastructure decaying. Will rising climate-driven needs spur more muni borrowing? www.sifma.org/resources/re... @SIFMA @PewStates #publicfinance #muniland
It would likely shift costs to all retiree medical plan sponsors, not just #muniland.
That’s 2 additional years of pre-Medicare costs which are much higher than post-Medicare.
The difference can be factor 2 to 3.
Of signifigance to Prepa bondholders the new integrated resource plan (prelim) has a projected load for the utility that is over double what the PR OBoard projected in their 2023 fiscal plan for 2044 (~15.5 GWh [black dotted line left] vs ~7.2 GWh right below) #muniland.
1/3 Worth reiterating that New Fortress Energy, whose subsidiary Genera PR is in charge of electrical generation in #PuertoRico, is inching ever so closer to bankruptcy, particularly if NFE fails to refinance well over $2BN in debt coming due in the next five years. #muniland
Some awesome personal/professional news: I've been named Contributing Editor @ImpactAlpha, covering municipal and place-based investing, with a focus on climate/sustainability! Get in touch if this interests you! (More info on LinkedIn)
#muniland #climate #impactinvesting
🏘️🌎💵
Exceptionally well-said, from muni-market stalwarts MMA:
#muniland #bondratings
I wrote about this extensively throughout 2021. Now it's so bad even @AP is paying attention.
#muniland #publicfinance
Mounting job vacancies push state and local governments into a wage war for workers...
this, this, this, a thousand billion times this:
#muniland #housing #climate
www.nytimes.com/2023/05/07/opinion/clima...
My first feature for Worth, about municipal-bond impact investing. It's always a good day when you can get Jim Lebenthal in a lede. 🤓💰
Thanks @VanceBarse @MayaPhilipson and others ❤️
#muniland #impactinvesting...
I wrote about muni-bond impact investing for Barron's.
#muniland #municipalbonds #impactinvesting
www.barrons.com/articles/future-returns-...
When I first covered state and local governments ~2011, the saying was "shit rolls downhill." New decade, new players, same 💩
(the below from @Muni_Mkt_Anlyt)
#debtceiling #muniland
I wrote about how the municipal bond market actually works, for @ImpactAlpha
#muniland
impactalpha.com/munis-101-players-capita...
My latest for @ImpactAlpha, a chat with Eric Glass, who left Wall Street when he felt he could no longer accomplish the muni-bond impact investing work he wanted at a traditional asset management firm.
#muniland #Impactinvesting...
I'm very proud to share my most recent feature for @ImpactAlpha - about efforts to try to mitigate racial inequities in the #municipal bond market.
#muniland #BlackTax
impactalpha.com/the-black-tax-plagues-sm...
the state of Florida is essentially the reinsurer for the insurer of last resort in the state. Apparently over a million homeowners had no other resort. #muniland
With more than 1 million policies, a 'roller coaster ride' continues for Citizens Insurance...
Does anyone in #muniland need municipal law bonding books for their new associates? I no longer need these #publicfinance books, so I'm selling them for $650+ off. Two are brand new. They were extremely helpful to me starting out in this area of law 👍
Links below 👇
#muniland drinking game: take a swig every time you read “questions remain” in this story
with thanks @RachelKBeals for excellent editing as always
Puerto Rico exits bankruptcy with questions remaining...
not enough people to drive the buses, pick up the garbage, and everything else in between. My story about the Omicron effect on local governments:
#muniland...
because time is a flat circle, I found myself writing this week about the MTA.
#muniland
New York's transit agency is its lifeblood. The pandemic puts its future at a crossroads...
some of the same warning signs in #muniland that #housing people remember from that crisis. I reall enjoyed writing this 🙃
www.marketwatch.com/story/the-municipal-mark...
my story from August about the growing culture war over who asks for and who opposes federal handouts for weather disasters
#muniland #climatechange
Cities and states on the frontline of climate change aren't always upfront about risks. ...
why have state and local government jobs traditionally been more welcoming for Black Americans - and given all the upheaval in the labor market and the country as a whole, can we expect that to continue?
#muniland...
did Foxconn teach us nothing…? or is this simply what it takes to build the next Research Triangle?
with excellent editing from @RachelKBeals as always
#muniland #GreenEnergy #economicdevelopment...
my story: What happens if tax-free #bonds stopped being tax-free? h/t @tomkozlik
#muniland
www.marketwatch.com/story/what-happens-if-mu...