Jefferson County Alabama opts for bankruptcy

Photo of storm sewer drain

Click Flickr photo for attribution and Creative Commons license info

Here’s the Reuters piece from Thursday.  This major development in the saga of financing the sewer system of Jefferson County is a new reminder of the long-lasting consequences of municipal finance gone wrong…how timely that we have two great sessions lined up for our December 9 TN-ASPA symposium related to municipal finance!  Keynote speaker Dwight Denison of the University of Kentucky is a nationally recognized researcher on the topic, and a distinguished lineup of regional practitioners will also tackle issues in state and local finance in our panel, shown below.  Register now to attend.

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