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A municipal bond, commonly known as a muni, is a bond issued by state or local governments, or entities they create such as authorities and special districts. In the United States, interest income received by holders of municipal bonds is often, but not always, exempt from federal and state income taxation.
A general obligation bond is a common type of municipal bond in the United States that is secured by a state or local government's pledge to use legally-available resources, including tax revenues, to repay bondholders.
Municipal bonds, or “munis,” are debt security investments in the daily operations or long-term projects of a state, county, city or other government organization. ... 800-290-4726 ...
Pittsburgh used the two-rate system from 1913 to 2001 [21] when a countywide property reassessment led to a drastic increase in assessed land values during 2001 after years of underassessment, and the system was abandoned in favor of the traditional single-rate property tax. The tax on land in Pittsburgh was about 5.77 times the tax on ...
(The Center Square) – A public policy think tank this week released a tool that provides debt and spending insights for state and local governments and it doesn’t paint a pretty picture of ...
During the postwar era, municipalities sought to grow enriched and modernized communities from the slums that they demolished. As the Civil Rights Movement was in full display through highway revolts and responses to racial violence, there was a growing mindset among urban planners that a communal-focused, people-first approach should be taken, along the same lines as community development ...
The poverty thresholds used by the US government were originally developed during the Johnson administration's War on Poverty initiative in the early 1960s. [ 58 ] [ 59 ] The thresholds were based on the cost of a food basket at the time, multiplied by three, under the assumption that the average family spent one-third of its income on food.
Build America Mutual Assurance Company (stylized as Build America Mutual or BAM) is a mutual, monoline bond insurer of essential public-purpose U.S. municipal bonds. Since its inception in July 2012, the company has insured more than $65 billion in par amount for more than 3,300 member-issuers.