Local Borrowing Woes

Carvlin, Elizabeth
May 2004
Bond Buyer;5/19/2004, Vol. 347 Issue 31887, p32
Trade Publication
Reports on issues concerning the intention of bank officials in northwest Indiana to set aside multimillion dollars to provide loans to municipalities. Account of the announcement by Indiana Bond Bank of its plans to bar Lake County municipalities from borrowing through its tax anticipation warrant program; Decision of a group of Lake County taxpayers to file suit relating to the legislation creating the method for reassessing Lake County property; Uncertainty with regard to the ability of local units of government in the county local units to make timely debt service payments.


Related Articles

  • MUNICIPAL BOND BANKING: THE DIFFUSION OF A PUBLIC-FINANCE INNOVATION. Katzman, Martin T. // National Tax Journal;Jun80, Vol. 33 Issue 2, p149 

    The bond bank is a recent innovation in municipal finance, now adopted in five states. The institution is described and the benefits of participation in the Maine and Vermont Bond Banks is calculated for several years. The benefits are found to vary inversely with the size of the local issue and...

  • Changes To The Commercial Banking Report.  // Argentina Commercial Banking Report;Q3 2008, p9 

    The article discusses the major changes on the commercial bank reports of Argentina. The changes cover the inclusion of the brief overview of the lending market and the recognition of the growth in lending to non-bank customers. The scheme will also consider the movement and absolute level in...

  • $150M city loan sources named.  // New Orleans CityBusiness (1994 to 2008);5/29/2006, Vol. 26 Issue 47, p11 

    The article reports on banks which lent money to the city of New Orleans to help it recover from the damages wrought by Hurricane Katrina. Chase Bank, Societe Generale, Dexia Credit Local and the Bank of New York provided the lines of credit to help the city operate until year 2007. The deals...

  • Truth behind the blame game. Brown, Steve // Public Finance;3/28/2003, p19 

    Comments on the increase in council tax bills in Great Britain. Factors influencing the increases in tax bills; Role of local authorities in the tax increases; Results of the Comprehensive Performance Assessment of local councils conducted in December 2002; Focus on the capability of councils...

  • Dallas to Tap $1.35B Authorization With $135M Sale in May. Watts, Jim // Bond Buyer;2/23/2007, Vol. 359 Issue 32574, p3 

    The article reports on the plan of Dallas, Texas officials to take the first and smallest tranche from the $1.35 billion general obligation authorization in November 2006. Based on the sales schedule for the 2006 bond package outlined by the City Council, the first $135.4 million bond will be...

  • NEWS.  // Public Private Finance;Apr2004, Issue 82, p4 

    Presents news briefs pertaining to public and private finance in Great Britain and in other countries as of April 2004. North Ayshire Council's issuance of an OJEU notice for a public-private partnership education project; Loan issued by Barclay PLC to Norwich City Council; PPP policy of the...

  • N. Y. C. Council Proposes 2005 Budget. McDonald, Michael // Bond Buyer;3/30/2004, Vol. 347 Issue 31852, p2 

    Focuses on the New York City Council's proposed budget for fiscal year 2005.

  • Budget Instability in the States: Delimmas of Process and Perception. Samuels, Nick // Public Manager;Summer2003, Vol. 32 Issue 2, p39 

    Reports on the factors influencing the financial uncertainty in the U.S. Financial management practices of state and municipal government; Complexity of revenue estimates; Unpredictability of federal policies.

  • Norman Weighs GOs. Watts, Jim // Bond Buyer;1/11/2005, Vol. 351 Issue 32047, p31 

    The article informs that City Council of Norman, Oklahoma, is expected to set an election for March 29, 2005 to ask voters for $32.7 million of general obligation borrowing, mostly to fund road projects. Bond proceeds would finance major street improvements, construction of an underpass at a...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics