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U.S. Public Finance

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Research and analysis on 90% of public debt issued by state and local governments, hospitals, higher education institutions and other tax-exempt entities. 


  • 17 Apr 2014
    • Puerto Rican court’s rejection of teachers pension reforms is negative for commonwealth
      Puerto Rico’s Supreme Court recently rejected reforms intended to keep the Teachers Retirement System (TRS) from running out of money. The TRS is projected to become insolvent as soon as 2020. The court ruling is a negative development for Puerto Rico because it reverses steps to address the commonwealth’s severe pension funding pressures… Full Report
  • 14 Apr 2014
    • Shift from property tax to alternative revenues reduces Florida local governments’ financial flexibility
      Post-recession, the state is dealing with limited property tax revenue growth. Strong financial management is needed to maintain financial health and meet debt service obligations comfortably… Full Report
  • 11 Apr 2014
    • Colorado's Legalized Marijuana Tax Revenues Exceed Expectations
      Michigan Governor Rick Snyder signed legislation requiring the state to replace virtually all revenues local governments would lose from the 2012 repeal of personal property taxes… Full Report
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