Utah’s largest public school district, Alpine, is orchestrating a significant restructuring that may quietly undermine its fiscal integrity. The impending split into three separate entities—central, west, and south—echoes a trend of decentralization that promises personalization but risks compartmentalizing resources and creating disparities. While proponents tout local control and tailored education, this transition heralds complex financial
Bonds
For over a decade and a half, the municipal bond market has hovered near a threshold of $4 trillion, an ostensibly stable benchmark that many investors and policymakers have grown accustomed to. Yet, beneath this veneer of consistency lies an unsettling acceleration—one that threatens to upend the very foundation of municipal finance. Recent figures reveal
The recent approval of over half a billion dollars in municipal bonds by North Carolina’s Local Government Commission appears to signal an optimistic trajectory for urban infrastructure and healthcare expansion. However, beneath this veneer of growth lies a complex web of financial risks and questionable priorities. While cities like Charlotte are borrowing heavily to fund
The first half of 2025 has shattered previous records in municipal bond issuance, revealing a market that appears robust and resilient—yet beneath the surface, ominous signs of overextension and vulnerability lurk. The astonishing surge, with issuance soaring to over $280 billion—up 14.3% from last year—may seem like a testament to investor confidence, but it also
Municipal bonds—long celebrated as a bastion of safety for conservative investors—have recently projected a veneer of calm and resilience that might be dangerously misleading. While muni yields experienced slight upticks early in the week and Treasury yields declined modestly, the broader picture reveals a marketplace resting on tenuous technical conditions rather than robust fundamentals. The
The municipal bond market is often hailed as a bastion of stability for conservative investors, boasting tax-exempt yields and traditionally steady returns. However, a deeper dive into recent data reveals a less comforting truth: the muni market is grappling with substantial headwinds, posing a risk that many complacent investors overlook in the current climate of
In the quiet corridors of municipal finance, the municipal bond market continues to display an unexpected potency that warrants vigilant attention. While many deride municipal bonds as stagnant relics of a bygone era, recent trends reveal a more nuanced reality. The recent performance data shows municipalities showing signs of resilience amidst broader economic volatility, suggesting
The forthcoming issuance of $247.74 million in unrated tax-exempt revenue bonds for a grand development plan on state-owned land in Utah raises eyebrows that must not be overlooked. Marketed as a shining example of public-private collaboration, this ambitious project dubbed “The Point” intends to reshape not merely the landscape, but the very economic fabric of
In an age where institutions are constantly under scrutiny, the alarm bells are ringing louder for Harvard University following allegations of financial impropriety linked to a recent bond sale. Representative Elise Stefanik, a Republican from New York, has called for an investigation by the Securities and Exchange Commission (SEC) concerning a $750 million taxable bond
Oklahoma City Council’s recent approval of the Thunder’s arena deal may seem like a victorious stride for local sports fans, yet beneath the surface lies a tangled web of potential pitfalls that could haunt the city long after the cheers have faded. At first glance, a new, state-of-the-art arena appears to be a cherished investment