In the current environment, shorter maturities make sense---from the investor perspective. Click on the post to read the article in the Milwaukee Journal Sentinel.
Now go to the other side---what are the prospects for a 20 year municipal bond financing??? for a millpond??? you make the call.
As I see it---and as the article suggests----The term must be shorter to be successful in placement---a fact that voters should consider in their calculation on election day. The annual property tax increase for Evansville residents for such a shorter term municipal bond placement for municipal bonds financing the Lake Leota Project would be double the amount indicated by the city. Make a note of it.
The Evansville Observer Archive: The unofficial history of Evansville, Wisconsin from 2005-2013: Thousands of Video and Audio and Articles; Free: To Search scroll to the Search this Blog line and enter name of person, topic, or issue. Then scroll up to see all articles. Or use Google Search by topic. Enjoy.
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