Blog

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

• 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

• Does the SEC Want to Hear from NJ Bond Issuers?

  Earlier this week, the Securities and Exchange Commission (SEC) announced that additional field hearings examining the state of the municipal securities market were being suspended… More

• Who Is Filing Your Secondary Market Disclosure?

  This is the time of year when each calendar-year municipality is finalizing its audited financial statements for the year ending December 31, 2010 and adopting… More

• R.I.P. Build America Bonds

  Last night, the House of Representatives followed the earlier action of the Senate and approved significant tax legislation that, among other things, failed to include… More

• The New 2 Percent “Cap” and . . . the Rahway Valley Sewerage Authority

  There I was on the Saturday morning after Thanksgiving, enjoying a cup of coffee and reading my local newspaper, when an open letter from Cranford,… More

• The New 2 Percent Cap and . . . Police Cars

  Earlier this week, I joined hundreds of mayors, administrators, finance officers and others in attending a session at the New Jersey League of Municipalities entitled,… More

• The New 2 Percent Cap and . . .

  The New Jersey Legislature recently enacted P.L. 2010, c.44, better known as the 2 Percent Property Tax Levy Cap Law, or the 2 Percent Cap. … More