In the wake of Puerto Rico’s financial crises, the territory is now pivoting toward a model that relies on public-private partnerships (P3s) to rejuvenate its infrastructure, specifically the toll road system. The recent agreement involving Puerto Rico Tollroads, LLC, and the issuance of $286.2 million in senior revenue bonds marks a significant step as the
Politics
In recent years, the landscape of energy production and consumption has undergone significant changes, driven largely by the urgent need for cleaner and more sustainable sources of power. A prime example of this transition can be seen with Utah’s Intermountain Power Agency (IPA), which is currently navigating a pivotal shift from coal-powered generation to cleaner
In the midst of a relentless housing affordability crisis, advocates are increasingly vocal about the need for legislative action to support the construction and preservation of affordable housing units across the United States. Specifically, the House Committee on Ways and Means is being urged to prioritize the expansion of Private Activity Bonds (PABs) as a
In a significant legal development, a Utah judge has declared the proposed Amendment A unconstitutional, a decision that reverberates through the state’s educational landscape. This proposed constitutional amendment aimed to alter the allocation of Utah’s income tax revenue, particularly concerning K-12 public schools. The ruling raises alarm among educators and parents about the intricacies of
In recent months, the topic of affordable housing has gained significant traction in political discourse, particularly during high-profile events like the presidential election and recent vice-presidential debates. With urban areas facing mounting pressure to address housing shortages, Vice President Kamala Harris has highlighted transit-oriented development (TOD) as a strategic method to tackle this crisis. Harris’s
As communities across the southeastern United States grapple with the aftermath of Hurricane Helene, the urgency for forward-thinking disaster relief mechanisms has reached a critical point. Helene, which struck land on September 26, 2023, exacerbated humanitarian crises, leaving a devastating toll of 227 lives lost and many more unaccounted for. As Florida braces for Hurricane
The upcoming elections serve as a potentially momentous turning point for universities and colleges across the United States, already reeling from heightened scrutiny and economic pressures. As lawmakers gear up to tackle tax reforms in the next Congress, higher education institutions find themselves at the center of a contentious political debate. The challenges ahead are
As the next presidential election approaches, the landscape for municipal finance could be drastically altered, particularly if Kamala Harris secures victory. Tax advocates, especially within the municipal sector, are gearing up for what appears to be a heated battle over tax policies. This tension is further emphasized as Congressional Republicans commence a nationwide effort to
Cook County, Illinois, the second most populated county in the United States, recently unveiled its executive budget recommendation for the upcoming fiscal year, amounting to $9.89 billion. The announcement, made by Cook County Board President Toni Preckwinkle, emphasizes a notable commitment to fiscal responsibility, citing no new taxes or layoffs. This article delves into the
The Biden administration has laid down a significant regulatory measure aimed at tackling a dire public health threat: lead contamination in drinking water. This new initiative casts a spotlight on a long-standing issue that has plagued many American cities, especially in regions historically reliant on aging infrastructure. By mandating a comprehensive replacement of lead pipes