Each year, “State of the Air” reports on the two most widespread outdoor air pollutants, ozone pollution and particle pollution. Each is dangerous to public health and can be lethal. The 2020 “State of the Air” report found that more than 20.8 million people lived in counties that had unhealthy levels of air pollution in all categories from 2016 to 2018. Below are the report findings for each category graded.
Top 10 Most Ozone-Polluted Cities:
Top 10 U.S. Cities Most Polluted by Year-Round Particle Pollution (Annual PM2.5):
Top 10 U.S. Cities Most Polluted by Short-term Particle Pollution (24-hour PM2.5):
He'll yeah - that's for sure!
". . .For the first time since March, the EU is reporting more new Covid-19 cases on a population-adjusted basis than the U.S., reflecting a second wave of virus outbreaks on the continent. 1 That’s even as U.S. per-capita case rates climb from an alarmingly high post-summer plateau:
Europe's second wave has caught up to America's rising plateau. Cases were higher than reported in the spring because of limited testing capacity
Source: Johns Hopkins/author's calculations
Both regions are at a dangerous moment. The virus will be harder to control in winter as more people congregate indoors, and resistance to renewed restrictions may make them harder to impose and enforce. Europe's second wave after a quiet summer shows precisely how hard controlling the virus can be. . .
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Financial Advisor
About Hilltop Securities Inc.
Hilltop Securities Inc., a member of NYSE, FINRA and SIPC, delivers forthright advice and tailored solutions to municipal issuers, institutions, broker-dealers and individuals. The financial services firm and registered investment adviser is headquartered in Dallas, Texas, with offices across the United States. Areas of focus include public finance, municipal and taxable fixed income underwriting, sales and trading; equity and portfolio trading; retail brokerage services; securities clearing; structured finance; and securities lending. A wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH), HilltopSecurities’ affiliates include Hilltop Securities Independent Network Inc., PlainsCapital Bank, PrimeLending and National Lloyds Corporation.
Larry Given
Managing Director, Investment Banker
Larry Given has been promoted to Managing Director. He focuses on advising Arizona local governments on various financing transactions, including Utility Revenue Bonds, Sales Tax Revenue Bonds, Lease/Purchase Financing and more. Given has 40 years of experience in the Arizona public finance industry and has served as lead investment banker on more than 400 separate transactions. He joined HilltopSecurities in 2015. Prior to joining the firm, he was a partner at Peacock, Hislop, Staley & Given, Inc. He is a graduate of the American Graduate School of International Management where he earned a Master in International Management. He holds Series 7, 24, 50, 52 and 63 licenses
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ASFQX - 361 U.S. Small Cap Equity Fund Investor Class Shares reports 23.28% decrease in ownership of HTH / Hilltop Holdings, Inc
| Security | HTH / Hilltop Holdings, Inc. |
| Institution | ASFQX - 361 U.S. Small Cap Equity Fund Investor Class Shares |
| Latest Disclosed Ownership | 5,226 shares |
| Latest Disclosed Value | $ 100,861 |
| Related | 432748AE1 / Hilltop Holdings Inc - 6.125% 2035-05-15 432748AD3 / HILLTOP HOLDINGS INC - 5.75% 2030-05-15 432748AB7 / HILLTOP HOLDINGS INC - 5.0% 2025-04-15 |
June 26, 2020 - ASFQX - 361 U.S. Small Cap Equity Fund Investor Class Shares has filed a NPORT-P form disclosing ownership of 5,226 shares of Hilltop Holdings, Inc. (US:HTH) with total holdings valued at $100,861 USD as of April 30, 2020. ASFQX - 361 U.S. Small Cap Equity Fund Investor Class Shares had filed a previous NPORT-P on March 27, 2020 disclosing 6,812 shares of Hilltop Holdings, Inc. at a value of $154,223,000 USD. This represents a change in shares of -23.28 percent and a change in value of -35.06 percent during the quarter.
The Security, Class, and ID columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and CUSIPs. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.
Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero
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Hilltop's stock was trading at $19.07 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, HTH stock has increased by 13.5% and is now trading at $21.64.
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hilltop in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." ___________________________________________________________________
RELATED CONTENT
Hilltop Holdings Launches Newly Redesigned Website
Hilltop Holdings Inc. recently launched its newly redesigned corporate website, featuring a streamlined design, improved functionality, and easy access to essential information for investors, customers, and others seeking to learn more about the Dallas-based financial holding company.
The comprehensive new website brings together information about the entire Hilltop family of companies, which includes PlainsCapital Bank, the sixth largest bank based in Texas, PrimeLending, a leading national mortgage originator, and HilltopSecurities, the nation’s premier public entity focused investment bank. Its design allows quick and easy access for visitors who want to learn more about Hilltop’s subsidiaries and the scope of services the organization offers.
“As Hilltop continues to grow, we recognize the importance of providing relevant information about our family of companies to investors, customers, and potential employees,” said Hilltop Holdings President and CEO Jeremy B. Ford. “We believe this new website will allow visitors to easily find what they need to better understand the scope of our organization and the diverse services we provide.”
Hilltop’s new website has been designed for the best possible user experience with mobile optimization, animation, and intuitive navigation. Visitors will be able to stay informed about Hilltop’s latest news while also finding details about the company’s leadership, subsidiaries, community involvement, and career opportunities. Visit hilltop-holdings.com to explore the new website.
Hilltop Holdings’ broker-dealer subsidiaries, Hilltop Securities Inc. and Hilltop Securities Independent Network Inc., provide a full complement of securities brokerage, institutional and investment banking services in addition to clearing services and retail financial advisory.
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Council Study Session Notice: To decrease COVID-19 exposure, the City Council Chambers is closed, but public viewing and input on the items are available electronically.
Members of the City Council will appear electronically for this meeting, via a video conferencing platform, and the live meeting will be accessible via broadcast and telephonically.
Because of the current public health emergency, the City Council Chambers is closed for Council study sessions.
However, the live meeting may be watched on local cable Mesa channel 11, online at Mesa11.com/live, www.youtube.com/user/cityofmesa11/live, or https://www.facebook.com/CityofMesa, or listened to by calling 888-788-0099 or 877-853-5247 (toll free) using meeting ID 5301232921 and following the prompts.
For any difficulties accessing this meeting, please call 480-644-2099.
Roll Call
1 Review and discuss items on the agenda for the October 19, 2020 regular Council meeting.
2 Presentations/Action Items:
20-1027 Hear a presentation and discuss the 2020 bond program including defeasance, new issuances, and refundings. 2-a
| File #: | 20-1027 |
| Type: | Presentation | Status: | Agenda Ready |
| In control: | City Council Study Session |
| On agenda: | 10/15/2020 |
| Title: | Hear a presentation and discuss the 2020 bond program including defeasance, new issuances, and refundings. |
| Attachments: | 1. Presentation |
20-1028 Hear a presentation, discuss, and provide direction on the City’s recycling program. 2-b
| File #: | 20-1028 |
| Type: | Presentation | Status: | Agenda Ready |
| In control: | City Council Study Session |
| On agenda: | 10/15/2020 |
| Title: | Hear a presentation, discuss, and provide direction on the City’s recycling program. |
| Attachments: | 1. Presentation |
3 Acknowledge receipt of minutes of various boards and committees:
> 20-1037 Audit, Finance and Enterprise Committee meeting held on September 10, 2020. 3-a
| File #: | 20-1037 |
| Type: | Minutes | Status: | Agenda Ready |
| In control: | City Council Study Session |
| On agenda: | 10/15/2020 |
| Title: | Audit, Finance and Enterprise Committee meeting held on September 10, 2020. |
| Attachments: | 1. September 10, 2020 Audit, Finance and Enterprise |
> 20-1025 Parks and Recreation Advisory Board meeting held on July 9, 2020.3-b
| File #: | 20-1025 |
| Type: | Minutes | Status: | Agenda Ready |
| In control: | City Council Study Session |
| On agenda: | 10/15/2020 |
| Title: | Parks and Recreation Advisory Board meeting held on July 9, 2020. |
| Attachments: | 1. July 9 Minutes Approved |
4 Current events summary including meetings and conferences attended.
5 Scheduling of meetings.
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CLOSER LOOK AT 2020 BOND PROGRAM 21 Power Point Slides
2020 Bond Program
October 15, 2020 Ryan Wimmer, Treasurer
2020 Bond Program Savings
15
General Obligation Bonds Refunding Estimated*
Interest Savings: $5 million (present value)
Utility Systems Revenue Bonds Defeasance (impact fee cash used to pay $15M principal early -completed July)
Actual Interest Savings: $2 million (present value) Refunding Estimated*
Interest Savings: $10 million (present value)
TOTAL ESTIMATED* INTEREST SAVINGS: $5M + $2M + $10M = $17M (present value)
*Conservative estimate based on current interest rates. Actual savings will be based on market conditions when priced.
Estimated Timeline for 2020 Bond Transactions (may be adjusted due to market conditions)
16
Oct 19 Council considers authorization of:
- General obligation bond issuance
- General obligation bond refunding
- Utility revenue bond issuance
- Utility revenue bond refunding
Nov 10-19 Issuances are priced
Dec 10 All issuances close and proceeds are received
Existing City Debt (as of 8/1/20)
20
Debt Type Principal ($ millions)
Utility Systems Revenue Bonds $1,228
General Obligation Bonds 335
HURF (Street & Highway) Bonds 59
State Water Loans 1
