In this Issue, there is a timely article about changes made to levy limits by the recently enacted State Budget. We also take a look at the Village of Shorewood to see how they gained results from a TIF project.

Additionally, there is an IRS-related article which alerts you to a questionnaire that's gone out to a small group of government entities and other tax-exempt organizations.

Finally, last year, we introduced you to changes in the municipal securities market with an introduction to the Dodd Frank Act. As more regulations are passed, we will continue to keep you informed. In this issue of the Advisor, we talk about changes to Municipal Securities Rulemaking Board Rule G-23 that further defines the distinction between an underwriter and a financial advisor.

  

Steve Apfelbacher 

President

Ehlers