Douglas County won’t be adding a new city within its borders for now, after the Douglas County Commission denied a petition to incorporate the proposed City of Clearfield following a three-hour public hearing on Wednesday night. The commission cited a few chief concerns as reasons for that decision. Among them were that there was no concrete plan for how to provide city government services and that the 18-square-mile boundary proposed for the community — which would have made Clearfield roughly the 13th-largest city in the state by land area covered — might have a maximum population density of only dozens of people per square mile.
Source: LJWorld

The U.S. government has spent billions of dollars on several rounds of programs to upgrade internet speeds in rural areas over the past decade. Despite those efforts, many residents are still stuck with service that isn’t fast enough to do video calls or stream movies—speeds that most take for granted. Many communities have been targeted for broadband upgrades at least twice already, but flaws in the programs’ design have left residents wanting.
Source: WSJ

The interest rate table above illustrates recent changes in a sample of MBIS “investment grade” yields. Every issuer’s credit is different. For rates that may be applicable to your municipality, contact our Municipal Bond Advisors, Larry Kleeman and Beth Warren.