Editor's Note
W. Bartley Hildreth

Reforming State Debt Management Practices:
The Case of Illinois, 2004
Martin J. Luby

Reporting of Infrastructure Assets by State Governments
Earl D. Benson, Raymond B. Isleib, and Barry R. Marks

Municiple Securities and Financial Institutions:
Proposals for Reform in 2009
Jeffrey R. Nemecek

Accounting Developments:
GASB Update
Catherine L. Staples