This article briefly summarizes a select list of legislation relating to public finance enacted by the 89th Legislature (Regular Session) that became law. Bills are arranged by subject matter, in numerical order within each...more
The SEC is reminding charter schools to seek advice on municipal securities only from registered municipal advisors. A bulletin from the SEC’s Office of Municipal Securities and Division of Enforcement’s Public Finance Abuse...more
For school districts and community college districts considering November 8, 2022 bond elections. The statutory deadline to adopt the Election Order is Monday, August 22, 2022....more
Commercial banks and other financial institutions (“lender” or “lenders”) have historically provided financing to both governmental entities and nonprofits on a tax-exempt basis through loans and direct purchases of municipal...more
2/16/2022
/ 501(c)(3) ,
Banks ,
Establishment Clause ,
MSRB ,
Municipal Advisers ,
Municipal Bonds ,
Municipal Securities Issuers ,
Municipal Securities Market ,
Nonprofits ,
OCC ,
Public Finance ,
Religious Institutions ,
State Constitutions ,
Statutory Authority ,
Tax Exemptions ,
Tax-Exempt Bonds
To increase access to liquidity for smaller municipal issuers facing unprecedented budget shortfalls and loss of revenues as a result of the COVID-19 virus, on June 16, 2020 the SEC issued an Order granting a limited and...more
The Governmental Accounting Standards Board issued GASB Statement No. 88 (the "Statement") in March 2018. The Statement requires increased disclosure in notes to financial statements of all state and local governments. The...more
The recent ransomware attack on the City of Atlanta highlights the fact that the threat of ransomware affects all organizations, regardless of the nature of their industry, business, or operations, and that political...more
4/4/2018
/ Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Denial of Service Attacks ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Personally Identifiable Information ,
Phishing Scams ,
Popular ,
Public Entities ,
Public Finance ,
Ransomware ,
Risk Management
In addition to building some of the nation's largest high school football stadiums, Texas public school districts are following a national trend – the sale of naming rights to football stadiums and other district facilities....more