Puerto Rico’s toll roads have recently transitioned under a public-private partnership (P3) model, offering both opportunities and challenges in the face of the territory’s ongoing economic struggles. The arrangement primarily involves the Wisconsin-based Public Finance Authority which is poised to sell $286.2 million in senior revenue bonds on behalf of Puerto Rico Tollroads, LLC. This
Politics
The Intermountain Power Agency (IPA), established in 1977 as a political subdivision of the state of Utah, has been a significant player in the region’s energy landscape. Over the years, it has managed various power projects and contracts on behalf of its 23 member municipalities. However, as environmental concerns grow, the need to transition from
In the face of an ongoing affordable housing crisis, advocates are increasingly vocal about the need for legislative action that could dramatically reshape housing finance in the United States. The push is being spearheaded by organizations like the Affordable Housing Tax Credit Coalition (AHTC), which are urging the House Committee on Ways and Means to
A recent judicial decision in Utah has cast a shadow over the state’s educational funding landscape. The proposed Amendment A, intended to modify the allocation of income tax revenue, was struck down by Judge Laura Scott of the Third Judicial District Court. This amendment aimed to provide greater flexibility within the state budget, potentially allowing
As concerns around affordable housing intensify in urban areas, the spotlight is being cast on innovative strategies to address this pressing issue. Recent discussions in political circles, epitomized by Vice President Kamala Harris’s advocacy for transit-oriented development (TOD), reveal a concerted effort to integrate housing and transportation planning. This approach aims to not only alleviate
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
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