Sedona AZ (May 21, 2013) – by J. Rick Normand, Financial Columnist to the SedonaEye.com At the end of my last article, I said “Please stay tuned for my next article entitled “The Story of Sedona: The Futile Attempt to Cure a Problem With Its Cause.” That article will have to wait since the issue herein is too critical. I apologize to you all. Now then. Near the beginning of the April 26,... 

Sedona AZ (January 30, 2012) – On December 13, 2011, the Sedona City Council approved the refunding or refinancing of a portion of the City’s outstanding Excise Tax Obligations. The City of Sedona’s investment bankers, RBC Capital Markets, informed the City that the sale of the refunding bonds on January 25, 2012 exceeded the estimated net present value savings presented to Council. The resulting...