Blog

Matthew D. Jessup serves as the editor for McManimon, Scotland & Baumann’s New Jersey Public Finance law blog.

• RECENT ENFORCEMENT ACTIONS BY THE SEC UNDERSCORE THE IMPORTANCE OF MEETING MUNICIPAL DISCLOSURE OBLIGATIONS

  The recent Municipalities Continuing Disclosure Cooperation Initiative is the latest action taken by the SEC to enforce the continuing disclosure obligations of municipal issuers. Since… More

• CONTINUING FOCUS ON CONTINUING DISCLOSURE – The SEC’s Municipalities Continuing Disclosure Cooperation Initiative

  Recently the Securities and Exchange Commission (SEC) announced the implementation of the Municipalities Continuing Disclosure Cooperation Initiative (MCDCI), a program enacted to “address potentially widespread… More

• Detroit Bankruptcy Filing Totally Irresponsible

  Editor’s Note:  The following was written by Edward J. McManimon, a partner and founder of McManimon, Scotland & Baumann, LLC.  Ed wrote the following after… More

• Sequestration Affects Build America Bond Issuers

  The talk-of-the-town the past two weeks in Washington DC and around the country has been about sequestration. You can’t turn on the television or “open”… More

• MSRB Notice 2012-25 – Brutal Honesty In The Municipal World

  Municipal Securities Rulemaking Board (“MSRB”) Notice 2012-25 (the “Notice”) was approved by the SEC on May 4, 2012 and took effect on August 2, 2012.… More

• Local Finance Board Releases Questionnaire for Applicants Seeking Tax Appeal and Other Approvals

  The Local Finance Board (Board) has released a questionnaire for all municipal and county applicants seeking approval of the Board to: 1. Long-term finance tax… More

• Retroactive Financing of Tax Appeals – A New Tool for Municipalities

  It’s no secret that municipalities have been hit hard by the ongoing recession. One source of significant financial stress is the amount of money that… More

• Local Finance Board Paving the Way to Faster Refundings

  Yesterday, the Local Finance Board (Board) took the first step in establishing a new rule that would allow municipalities and counties to issue refunding bonds… More

• Additional Tax Appeal Relief Has Arrived

  The Division of Local Government Services indicated today that municipalities may, for the first time, finance with refunding bonds or notes the amount owed to a… More

• Three Ways to Improve Your Bond Credit Rating

  In today’s municipal bond market, your credit rating is more important than ever. Underwriters and financial advisors say that the difference between an “A” rating… More