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THE FUTURE OF Finance

THE FUTURE OF Finance

More Help Is Likely on the Way for States and Localities and the Coronavirus-caused Recession – including an Obscure Source of Federal Aid for Muni Bonds

Plus, drafting a fourth stimulus bill before the $2 trillion package is sorted out, considering recession scenarios, state positioning as economy shudders, and credit ratings could be more vulnerable than budgets.

By Paul W. Taylor, Editor with Girard Miller, Columnist  |  March 31, 2020
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THE FUTURE OF Finance

New Mexico Budget Hole Grows Amid COVID-19, Low Oil Prices

State legislators are now revising their previous prediction, saying the state budget could be short up to $2 billion. New Mexico has been hit extra hard as oil and gas prices have dropped, which the state relies on for revenue.

By Jens Gould, The Santa Fe New Mexican  |  March 31, 2020
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THE FUTURE OF Finance

Tennessee Counties Must Wait 91 Days for Coronavirus Aid

Tennessee has created a statewide program that will give cities and counties $200 million to offset the economic damage by the coronavirus. But the relief fund isn’t available until the new fiscal year begins on July 1.

By Andy Sher, Chattanooga Times/Free Press  |  March 31, 2020
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THE FUTURE OF Finance

What to Know about the Coronavirus Stimulus Package

The $2.2 trillion coronavirus relief package is unlike anything we’ve ever seen. So what does it mean for cities and residents? “The challenge is unprecedented, so the stimulus must also be unprecedented.”

By Brooke Staggs, The Orange County Register  |  March 31, 2020
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THE FUTURE OF Finance

Wisconsin Devotes More Than $45M for Broadband Expansion

The Public Service Commission has awarded grants to 44 companies, municipal and tribal governments to help expand Internet access to rural parts of the state. The grants hope to help more than 46,000 homes.

By Chris Hubbuch, The Wisconsin State Journal  |  March 24, 2020
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