Public Finance


Contributing Authors

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Penelope Lemov
E-mail: plemov@governing.com
  • Bond Bliss
  • The U.S. Supreme Court expresses its fondness for muni bonds and accepts the way things are.



  • The Hidden Tax
  • When the collection of revenue is too convenient, it can lead to consequences that may or may not be intended.



  • Kentucky Fried Bonds
  • A Supreme Court case on state exemptions of interest income from muni bonds could fire up big changes in the bond market.

  • Lassoing GASB 45
  • Texas is leading a charge to get rid of the accounting rule that forces states and localities to tally the future costs of health benefits for retirees.

  • Fueling a Tax
  • A drive toward increased efficiency in energy and reduced oil consumption means state revenue systems will undergo wrenching changes.





  • Trifecta Financing
  • Northern Virginia may be on the road to an elaborate but ultimately workable solution to financing a subway to its international airport.

  • The Big Thaw
  • Voters may be coming around to the idea that government needs their money to keep public works up to speed.


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