Municipal Finance Journal

Volume 26, Number 2
Summer 2005
Editor: W. Bartley Hildreth

Editor’s Note
W. Bartley Hildreth

Vi

The State Capital Funding Structure:
Its Effects On the Operating Budget and Capital Spending Growth
Jun Peng

1-18

FHA Multifamily Defaults Soar:
An Update on FHA Project Loan Defaults and Prepayments
Kurt Van Kuller

19-36

Municipal Insolvencies:
An Article on theTreatment of Municipalities Under Chapter 9 of the U.S. Bankruptcy Code
Alexander M. Laughlin

37-59

More Geographic Bias Seen in Affordable Loans:
State Prepayment Differentials
Kurt Van Kuller

61-82

Accounting Developments:
GASB Update
Catherine L. Staples

83-89