Finally, Some Good News For Financially Troubled Macon, Ga
- N.Y.C. TFA Refunds $711 Million; Cash Bonds End Little Changed. Chesla, Nicholas; Johnson, Anastasija // Bond Buyer;3/2/2004, Vol. 347 Issue 31832, p2
Reports that the New York City Transitional Finance Authority came into market with 711 million dollars of future tax-secured refunding bonds on March 2, 2004 while cash-bonds were little changed. Decline in headline index in February 2004; Total of sewer revenue and revenue refunding bonds...
- Oklahoma City Shooting for Texas Hotel Tax to Save Park. Williamson, Richard // Bond Buyer;5/4/2004, Vol. 348 Issue 31876, p5
Reports on the proposal of Oklahoma City to implement a hotel room tax to support revenue bonds needed for the renovation of the State Fair Park in Oklahoma. Concern of the city on the potential loss of horse shows to competing cities; Insistence of Oklahoma City Mayor Mick Cornett on holding...
- New Taxes, Fees That Back Bonds Face Some Legal Hurdles. Sigo, Shelly // Bond Buyer;06/01/2000, Vol. 332 Issue 30903, p42
Discusses the legal challenges facing some of the nontraditional revenues that Florida municipalities and counties rely on to back bond financing. Implications of a court ruling that Leon County's electric franchise fee was unconstitutional; Florida's higher reliance on impact fees; Florida's...
- Manatee's Deal. Sigo, Shelly // Bond Buyer;3/25/2004, Vol. 347 Issue 31849, p29
Reports on the plan of Manatee County, Florida to sell multimillion dollars of transportation revenue refunding and improvement bonds. Uses of the proceeds; Remarks from Manatee finance director Jim Seuffert regarding the development.
- Chicago Selling $206M GO Deal With Floating- to Fixed-Rate Swap. Shields, Yvette // Bond Buyer;10/2/2002, Vol. 342 Issue 31483, p36
Reports the plans of city officials to sell variable-rate general obligation bonds in Chicago, Illinois. Use of proceeds to pay for infrastructure projects; Correlation between fixed-rate and floating-rate component; Impact of tax law changes on bonds.
- S&P: Most States on Sure Footing, But Upgrades Unlikely. Vadum, Matthew // Bond Buyer;4/5/2005, Vol. 352 Issue 32104, p32
Reports on the improbable upgrade of the general obligation ratings of the state governments in the U.S. Depletion of reserves; Retention of intense spending pressures; Volatility of the fiscal flexibility; Increase in tax burdens.
- Surprised welcome for gilts and bonds reform. // Accountancy;Aug1995, Vol. 116 Issue 1224, p16
This article discusses the proposed gilts and bonds taxation reforms in Great Britain in 1995. Tax professionals see the move as heralding a new era of improved cooperation between the Inland Revenue and the profession. The Tax Faculty petitioned for tax to apply only to taxpayers with gilt and...
- 2 Fla. Pool Deals May Be Taxable IRS Probes Arbitage In $465M of Bonds. Duff Barnett, Susanna // Bond Buyer;11/24/2003, Vol. 346 Issue 31768, p1
Reports on the investigation made by the Internal Revenue Service to the two tax-exempt blind pool bond issues from the Capital Projects Finance Authority in Florida. Total value of the bond; Violation of the bond issues to the arbitrage rules; Taxability of the interest of the issues.
- Washington's Ratings Affirmed Ahead of $467 Million GO Sale. Kelemen, Jasmina // Bond Buyer;7/12/2005, Vol. 353 Issue 32172, p4
Reports on the competitive sale of general obligation (GO) refunding bonds in San Francisco, California. Rating affirmation received by the state's GO credit; Reflection of the rating on the state's use of good debt and financial policies; Revision made to the revenue forecasts.