In a major development amidst Puerto Rico’s recovery from its tumultuous financial past, the public-private partnership that recently acquired the territory’s toll roads is poised to initiate a new round of municipal bond sales. Spearheaded by the Wisconsin-based Public Finance Authority, this initiative aims to raise $286.2 million in senior revenue bonds to fund continued
Politics
Utah’s Intermountain Power Agency (IPA) stands at a crucial juncture, navigating its ambitious transition from coal to cleaner energy sources. With the recent announcement of a $114.6 million bond sale, IPA seeks to secure funding essential for this transformative project. This article explores the background, implications, and potential challenges of IPA’s transition, alongside the legislative
The conversation surrounding the accessibility and affordability of housing in the United States has reached a critical juncture. As many cities grapple with rising living costs and stagnating wages, housing advocates are pushing for legislative reforms aimed at addressing these systemic issues. Recently, the House Committee on Ways and Means has become a focal point
In a significant legal decision, a Utah judge has invalidated a proposed constitutional amendment, known as Amendment A, slated for the November 5 statewide ballot. The amendment sought to amend the allocation of state income tax revenue, which had been principally dedicated to K-12 public education since the early 1930s. If the amendment had succeeded,
As the presidential election approaches, housing affordability has emerged as a key issue resonating within political discussions, including at the recent vice-presidential debate. Vice President Kamala Harris has notably championed the concept of transit-oriented development (TOD) as a strategic approach to enhance housing availability in urban areas. Her advocacy stresses the necessity of integrating transit
As the southeastern United States confronts the aftermath of Hurricane Helene and braces for the impending Hurricane Milton, the pressing need for a streamlined financial response to disasters has come into sharper focus. Natural disasters, such as hurricanes, floods, and wildfires, pose serious challenges to local governments and economies, leaving communities and infrastructures devastated in
The upcoming elections are poised to significantly influence the landscape of higher education funding in the United States. Over the last year, universities and colleges have faced scrutiny from lawmakers on Capitol Hill amid a climate of political uncertainty, financial distress, and a growing divide between well-resourced institutions and those struggling to survive. As the
The upcoming electoral cycle is shaping up to be a heated battleground for municipal finance advocates, particularly if Vice President Kamala Harris secures the presidency. With Congressional Republicans already on the offensive, a strategic tour has been launched to counteract Democratic tax policies that they view as detrimental. This article delves into the intricate dynamics
Cook County, Illinois, is navigating the fiscal landscape with a careful hand, as indicated by the recently announced executive budget recommendation of $9.89 billion for the fiscal year 2025. Amid potential headwinds, local officials have committed to maintaining current tax levels and avoiding layoffs, a stance that reflects both resilience and caution. These choices also
In a significant move for public health and safety, the Biden administration recently unveiled the most stringent regulation regarding safe drinking water in history. This initiative mandates that nearly all cities in the United States replace existing lead pipes over the next decade. President Biden emphasized the importance of government intervention in safeguarding public health