by Robert Jessup | Dec 21, 2016 | Blog
Under both North Carolina law and the relevant federal tax rules, you can generally use borrowed money only to pay for “capital costs” of a project. What’s a capital cost? The primary rule I quote to clients, which comes out of the tax regulations, is that a cost is a...
by Robert Jessup | Dec 14, 2016 | Blog
Many North Carolina local governments wrestle with how to fund those valued local nonprofits that are effectively doing good work in the community. There are a variety of approaches for annually funding operating expenses, but occasionally the question arises of how...
by Robert Jessup | Dec 7, 2016 | Blog
We now have the official calendar for meetings of the Local Government Commission for 2017. We thought a table might be handy. Along with the meeting dates, this table shows the dates 28 days prior to the meeting, because generally the Commission staff wants a fairly...
