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The City Café

Stay up to date on important information for local government leaders.

Interesting special report from CNNMoney regarding the future of the motor fuel tax in America. The article discusses the idea of the need for a big energy tax to alter our use of oil and lead to more alternative sources of energy.

You can read the series of articles here: Does the country need a big gas tax?

On a different issue there is an interesting article in the New York Times today about the bidding process for municipal bonds. The article states:

Three federal agencies and a loose consortium of state attorneys general have for several years been gathering evidence of what appears to be collusion among the banks and other companies that have helped state and local governments take approximately $400 billion worth of municipal notes and bonds to market each year.

This will be an interesting issue to follow. You can read the article here: Nationwide Inquiry on Bids for Muncipal Bonds

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