As regions across the Southeast grapple with the aftermath of Hurricane Helene, the unrelenting threat of additional storms looms heavily over communities, particularly in Florida. The recent devastation caused by these weather events underscores a critical need for enhanced disaster recovery mechanisms that ensure cities, towns, and states have immediate access to financial resources. The
Politics
The upcoming November elections hold significant implications for the landscape of higher education, positioning colleges and universities at a crossroads amidst shifting political dynamics. With an administration and Congress likely to embark upon tax reforms in the following year, the traditional notions of tax treatment for nonprofit institutions are at risk of undergoing substantial changes.
The political landscape in the United States is set for yet another tumultuous chapter as municipal (muni) advocates brace themselves for an intense tax debate in the upcoming year. This tension is particularly amplified by the potential election of Kamala Harris as President, which has prompted congressional Republicans to launch a preemptive assault on her
Cook County, Illinois, recently unveiled a comprehensive budget proposal totaling $9.89 billion, aimed at streamlining operations while ensuring that residents will not face any new taxes or job cuts. Announced by Board President Toni Preckwinkle, this budget plan signifies a proactive step toward fiscal responsibility amidst fluctuating revenues and expenses. While positions are being eliminated,
In a significant policy shift, the Biden administration has unveiled a groundbreaking initiative aimed at removing lead pipes from water systems across the United States. Announced in Milwaukee, Wisconsin, the new Lead and Copper Rule Improvements represent the most stringent measures to date against lead contamination in drinking water, laying down a firm deadline for
The recent structural shifts and environmental challenges faced by the Central Florida Tourism Oversight District, previously known as Reedy Creek Improvement District, provide a compelling case study in crisis management and fiscal resilience. Subjected to a loss of decades-long autonomy and facing the imminent threat of Hurricane Milton, this district’s story embodies the intersection of
The legal battle over Texas’ controversial 2021 law, which prohibits the state from contracting with financial firms deemed to be “boycotting” the fossil fuel industry, has taken center stage. As the Texas state comptroller, Glenn Hegar, and Attorney General, Ken Paxton, file motions to dismiss a lawsuit by the American Sustainable Business Council (ASBC), the
In a groundbreaking decision, Salt Lake City is poised to initiate a major development project that could potentially inject up to $900 million into the local economy. This initiative focuses on the renovation of the Delta Center, home to the Utah Jazz, and the creation of a vibrant downtown district. The Salt Lake City Council’s
Amtrak’s ambitious initiative to replace the Baltimore-Potomac tunnel stands as a crucial project in revitalizing the nation’s aging transportation infrastructure. However, a recent audit by Amtrak’s inspector general (IG) has raised significant concerns over the planning and management practices involved in this $6 billion endeavor. The report highlights a myriad of shortcomings that could jeopardize
The recent brief strike by longshoremen across East and Gulf Coast ports has raised significant discussions concerning the financial ramifications for port authorities and the broader shipping industry. Ending in less than three days and driven by the International Longshoremen’s Association (ILA), this labor action highlighted key concerns surrounding salary negotiations and their potential effects