| PROPERTY TAX DELAYS |
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Due to trending, a statewide reassessment of real property, it is likely that there will be delays in property tax receipts in 2007. Delays in property tax receipts may lead to defaults in bond payments for those bonds and leases payable from property tax levies or tax increment revenues.
For more information, please click on Full Article below.
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| RATINGS - HOW THEY IMPACT BOND ISSUES |
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 With ever changing economic trends, it is valuable to understand how governmental units are rated and how this rating can impact bond issues. Higher bond ratings result in lower interest expense and less financing costs, such as bond insurance. Therefore, understanding bond rating criteria is a key component of fiscal management.
For more information, please click on Full Article below. |
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CIRCULAR 230 DISCLOSURE:
To ensure compliance with recently-enacted U.S. Treasury Department Regulations, we are now required to advise you that, unless otherwise expressly indicated, any federal tax advice contained in this communication, including any attachments, is not intended or written by us to be used, and cannot be used, by anyone for the purpose of avoiding federal tax penalties. |
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