Editor's Note
William B. Hildreth

Final Private Activity Bond Tax Regulations
John J. Cross, III

Special Disclosure Considerations for State and Local Government Securities Issuers
Robert W. Doty

Retail Wheeling and Municipal Electric Utilities:
A Status Report on State Actions
H. Edward Flentje and Keith Lawing

Pension Ratios as Useful Surrogates for Public Employee Retirement System Funding:
New Evidence
Cynthia Sneed and John Sneed

Accounting Developments:
GASB Update
Catherine L. Staples