has signed a seven-year software-as-a-service (SaaS) contract with the city of Benicia, California, for Tyler's Munis
enterprise resource planning (ERP) solution.
There are three main ways in which munis
differ from bonds issued by the federal government: (1) they have higher default risk, (2) they are much less liquid, in part because information in the muni
market is limited, decentralized, and non-standardized, (3) and the interest earned on most munis
is exempt from federal income tax.
According to Bloomberg, benchmark 10-year munis
which carry lower ratings, of course, would be appear to be more vulnerable to defaults.
Therefore, you'd have almost twice as much after-tax income from munis
compared with Treasuries.
announced today that it has reached an agreement with Indiana County, Pennsylvania, to provide its MUNIS
financial management software solution.
But nobody would ever want to put them together by buying tax-free munis
for an IRA, Keogh or 401(k).
always make sense, partly because the tax savings they offer may be substantial.
Santa Barbara, with a population of approximately 88,500 and the county seat of Santa Barbara County, selected Tyler's Munis
ERP software to replace their in-house system that required substantial support and lacked functionality.
dollars: *Credit Cards *Debit Cards *eChecks The successful proposer will provide services to include, not limited to the following: *Integrated Web Payments the City will be using the online payment system utilizing the Tyler Munis
announced today that it has signed contracts to provide its MUNIS
financial management software and related professional services to the Rockdale County Public Schools and the Liberty County School System, both in Georgia.
Then Congress legislated strict bans on political contributions in the industry, prompting well-established firms like CS First Boston and Donaldson, Lufkin & Jenrette to exit munis
for more profitable lines of business.