"We're excited to be the first local education agency in North Carolina to select Tyler's
Munis solution under DPI's master services agreement," said Mary Hazel Small, chief finance officer, New Hanover County Schools.
Here's how the House and Senate bills that could impact the
muni market:
Even though an aggravated life sentence was originally sought, Ankara's 1st High Criminal Court decided to punish
Munis with a life sentence on Nov.
Totaling $3.7 trillion at the end of 2013, with approximately $400 billion in new issuance every year, the
muni market is roughly one-third the size of the U.S.
Tom Huber, Sioux Falls' assistant director of finance, said, "With
Munis, we intend to create a dynamic business environment that utilizes
Munis' dashboards and intuitive workflow to provide real-time access to data that will dramatically enhance productivity for city employees, vendors and citizens.
However, Orman added that with the help of a broker, it's still possible to find an inexpensive tax-free or low-tax
muni.
"Investors should not look to
munis as a safety valve against any anticipated federal tax increase next year," Sowanick added.<br /> "An increase in the federal tax rate will dilute the already precious income levels of US employees, which will have a negative impact on consumption, and therefore retail tax receipts."
Munis may not yield more than Treasuries for much longer.
Assuming you are subject to the top federal rate, 31 percent, you would have to find a CD yielding more than 10 percent to give you an equivalent after-tax yield higher than the state's 6.4 percent
munis.
The county looked for a more comprehensive solution that could manage financial and human capital information and selected Tyler's
Munis solution to bring needed improvements.
A plan that involves new, large issues of municipal bonds would likely damage the market by flooding it with more supply, but a plan involving tax credits for private companies, which has been suggested by Trump, may not necessarily be positive for
munis.
Matanuska-Susitna Borough Schools has chosen financial management, human capital management, self service and content management applications from the
Munis ERP solution.
