Municipal Finance Journal

Volume 19, Number 3
Fall 1998
Editor: W. Bartley Hildreth

Publication Policies and Information for Authors

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Editor's Note

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The Timing of Advance Refunding of Tax-Exempt Municipal Bonds
Andrew J. Kalotay and William H. May

1

Infrastructure Reporting
Terry K. Patton and James R. Fountain

16

The Effect of Municipal Pension Obligations on General Obligation Net Interest Cost and Ratings
Arthur C. Allen, Cynthia Sneed, and John Sneed

32

The Impact of Retail Wheeling on Municipal Electric Utilities:
The Case of Kansas Stranded Costs in Kansas Municipal Electric Utilities
W. Bartley Hildreth

44

The Distributional Impact of Retail Wheeling on Kansas Municipal Electric Utility Customers
John D. Wong

56

Accounting Developments:
GASB Update
Catherine L. Staples

70

Tax Law Developments:
Washington Update
Paul Streckfus

73