As we shared with you in a prior newsletter article in April, the possibility has existed that tax policy changes impacting the public finance sector could be a part of various stimulus measures that are undertaken by Congress. Favorably, growing momentum behind these changes has advanced these initiatives considerably.   Last

It is evident that issuers and borrowers across the public finance sector – from States and State agencies to municipalities, from higher education to healthcare and other non-profit organizations – are working diligently to establish new budgets for the upcoming fiscal year. Much uncertainty exists, of course, as a result of

Summary In Minnesota, spring weather is typically rather erratic. This has been evidenced once again in 2020, which has made me ponder the similarities of this year’s weather to the recent tax-exempt market behaviors. No, I’m not suggesting the two are correlated, although I wouldn’t be the first to make

Interest rates have never been lower. Yes, participants in the fixed income and public finance markets have said this before; many times, in fact, over the last 20 years. I was reminded of this again as we recently priced a taxable bond issue for a long-time client. Yet, we have

In my house, baseball season turns to football season, which quickly turns to my favorite – basketball season.  For many like us in the northern climates of the U.S., summer sunshine progresses to fall colors which, at least in Minneapolis, very quickly progress to winter cold. Audit season leads, typically none-too-quickly, to