In recent developments surrounding Houston’s municipal governance, Mayor John Whitmire has publicly criticized City Controller Chris Hollins for soliciting sponsorships from municipal bond firms ahead of an investor conference. This controversial collaboration has raised eyebrows and echoes sentiments of ethical concerns, particularly given the significant financial contributions required for sponsorship. Prices for sponsorships reportedly range
Politics
In a move emblematic of modern governance strategies, Puerto Rico’s toll roads have transitioned into the realm of public-private partnership (P3) as a response to the territory’s financial distress and bankruptcy proceedings. This partnership, implemented by the Public Finance Authority of Wisconsin, marks a significant step in revitalizing Puerto Rico’s transportation infrastructure. By doing so,
In an era increasingly defined by the urgency of combating climate change, the Intermountain Power Agency (IPA) in Utah is embarking on a significant transition from traditional coal-fired energy to cleaner alternatives. This move is not just a matter of regulatory compliance or public sentiment; it is a pivotal step in ensuring sustainable energy for
Advocates for affordable housing are intensifying their efforts to push Congress’s House Committee on Ways and Means to advance essential legislation. Key measures being advocated include an expansion of Private Activity Bonds (PABs) aimed at bolstering initiatives focused on affordable housing. Colorado’s Emily Cadik, the CEO of the Affordable Housing Tax Credit Coalition (AHTC), recently
A recent ruling by a Utah judge has sparked discussions about the future of educational funding in the state. The decision voided Amendment A, a proposed constitutional amendment that was set to appear on the November 5 ballot. This amendment aimed to amend funding allocations, potentially diverting income tax revenues that are constitutionally reserved for
The issue of affordable housing has surged to the forefront of American political discourse, particularly during key election events such as the recent vice-presidential debate. As local and federal officials grapple with the housing crisis, innovative strategies like transit-oriented development (TOD) are being touted as potential solutions. In this multifaceted approach, affordable housing is strategically
As the southeast United States grapples with the devastating impacts of Hurricane Helene, which left a significant death toll and destruction in its wake, the urgency for innovative financial solutions grows exponentially. Cities, towns, and states are increasingly finding themselves unprepared for the frequency and intensity of natural disasters, highlighted once again by pending storms
As the election season unfolds, U.S. universities and colleges find themselves at a critical juncture filled with uncertainty and potential upheaval. The outcome of the upcoming elections holds considerable implications for higher education institutions, which have recently garnered attention from lawmakers on Capitol Hill. With discussions about tax reform on the agenda for the new
As the path towards the next presidential election becomes clearer, advocates for municipal bonds are bracing themselves for a potential clash over tax reform. Particularly if Kamala Harris rises to the presidency, the political landscape around tax policies could shift dramatically, igniting fierce debates among policymakers and advocates alike. With Congressional Republicans ramping up their
On Thursday, officials from Cook County, Illinois, unveiled a comprehensive executive budget recommendation amounting to $9.89 billion. Described during a press briefing by Cook County Board President Toni Preckwinkle, this financial plan comes with significant assurances: no new taxes or layoffs are expected. The anticipated stability in the budget reflects a broader economic environment while