| Articles for
August 1, 2007 |
| Making Sense Out of Refunding Bonds - Part II: Current Refunding |
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A current refunding is one where your outstanding bonds are currently callable within the next 90 days. As opposed to an advance refunding (discussed in Part I), with a current refunding you are calling the outstanding bonds within the next 90 days and therefore need to ensure that funds to pay the principal, interest and call premium (if applicable) are available on the call date.
To read the article, please click on Full Article below. |
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| The Challenges of an Aging Workforce |
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Public organizations are not sheltered from the challenges we face with filling the labor gap being created by the pending retirement of the Baby Boomer generation. Information from the U. S. Bureau of Labor Statistics shows that the workforce will lose 25,000,000 people in the next five years. Compounding the problem is a lack of younger workers to fill the void created by retiring Baby Boomers, and the challenges the public sector faces in competing with the private sector for this shrinking workforce.
To read the article, please click on Full Article below. |
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