Editor’s Note
William Bartley Hildreth

Seasonality in the Municipal Bond Market
Patrick J. Cusatis and Oranee Tawatnuntachai

Debt Management Networks and The Proverbs of Financial Management:
The Principles and Interests in the New York Metropolitan Transportation Authority Debt Restructuring
Gerald J. Miller and Jonathan B. Justice

Revenue Diversification and State Credit Risk
Wenli Yan

The Fiscal Impact of Local Option Taxes on Municipalities:
The Case of Massachusetts
Bo Zhao