Prudence may not be the first word that comes to mind when you think of an Illinois politician. But prudence might be just what’s needed now that the State of Illinois has approved a new borrowing tool for its cities. If past behavior is any indication, it may be like handing a new credit card to a cash-strapped college student. Last year as part of its FY18 budget, Illinois authorized home-rule governments to borrow against their sales tax.
Chicago taxpayers may end up paying the price for a new AAA-rated financing vehicle that Mayor Rahm Emanuel is touting as a way to save money and insulate investors from any future city distress. The city is ready to hit the market next week with the new sales tax securitization bonds to refinance up to $3 billion of existing debt.
By Caitlin Devitt, includes "When Houston and Texas lawmakers forged the city's pension legislation last spring, their political calculus didn't include a once-in-a-century storm. ... Less traditionally, Houston will also borrow $1 billion of pension obligation bonds (POBs) and inject the cash into the Houston Municipal Employees Pension System and Houston Police Officers Pension System. ... Voters will consider the $1 billion POB referendum on 7 November."
"Our work in finance isn't done but it's a lot more stable than it's been in the past," says Chicago schools chief @janicejackson , citing $450m in new state funding under revamped formula passed last year
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. "David Pogue")
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both Elon Musk and Mark Zuckerberg by
searching Musk AND Zuckerberg or Musk + Zuckerberg.
Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used). For example, results will contain either cake or cookie by searching cake OR cookie or cake,cookie
Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
Exact case matching or punctuation
If you're searching for a brand name or keyword that relies on specific punctuation marks or capitalization, you can
find results that match your exact query by adding matchcase: before the keyword you're searching for, like matchcase:E*TRADE .
Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.
An asterisk can be used to search for any variation of a root word truncated by the asterisk. For example, searching for admin* will return results for administrator, administration, administer, administered, etc.
A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".