Taxes
Covering topics such as bonds, cryptocurrency, federal aid and pensions.
Now 25,000 members strong, financially secure and long blessed with thoughtful leadership, the Government Finance Officers Association is poised to address the challenges to come for those who manage the public purse.
States and local governments should craft coordinated policies that promote housing construction and first-time ownership. A winning formula includes tax relief for buyers and rebated permit fees for builders.
Ned Lamont and Bob Stefanowski spent more than $30 million, a record-breaking amount. But the high expenditure may trigger a review of the state’s election spending limits.
Maine’s largest city has proposed funding for affordable housing, employee retention bonuses, an addiction medicine program, health care for the homeless and more.
The state auditor’s office announced that moving forward under the state’s new system could help streamline the process, save money and make it easier for residents to invest in dilapidated properties.
The city’s police department spent the money on surveillance technology between 2007 and 2019, but listed the expenditures as “special expenses.” Some argue the department is not meeting disclosure requirements.
A statewide clean-energy lending program in Ohio stalled last year before making any loans. Lawmakers want to add consumer protections in case the program resurfaces.
The Biden administration promised government support to those who have developed long COVID, but patient advocates say that accessing the assistance is time-consuming, confusing and unsupported.
States are sending billions out to households in one form or another. But states don’t print money; they just shuffle it around. The payments amount to a rounding error in the overall inflation picture.
On Monday, Nov. 7, the city’s aldermen voted on whether to pass Mayor Lori Lightfoot’s 2023 budget, which had received some pushback for not including funding for a Department of the Environment and including annual raises for future mayors.
The Georgia governor’s plan to pay the state’s most economically vulnerable residents $350 cash payments has been fraught with issues, such as scams, data privacy violations, politics and more.
They cover issues such as stock market investments, property tax exemptions and freezes for disabled veterans and those who are totally disabled and banning slavery and limiting “involuntary servitude” of prisoners.
The Republican-led effort lowered the county’s property tax rate and will result in the elimination of approximately 560 vacant positions, postpone a sheriff deputy cadet class and delay some flood control projects.
Last year’s federal infrastructure bill allotted $62 billion to bolster and update the nation’s electric grid, which could result in $9.2 million annually to Louisiana for the next five years if the state’s application is approved.
Tax-exempt issuers’ costs have shifted upward dramatically this year as the Federal Reserve has pushed interest rates higher to fight inflation. It’s time to re-strategize debt management programs.
Across the nation, the poverty rate among adults 65 and older rose to 10.7 percent last year, the only age group that saw an increase. In Los Angeles County, homelessness in adults 55 and older has risen 20 percent since 2017.
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