by Bob Jessup | May 3, 2017 | Blog
What do we need all this fund balance for, anyway? As we move into the height of budget season, this question will ring out across the North Carolina — especially as many local governments re-build fund balance after some years of decline. Why do we keep the...
by Bob Jessup | Apr 26, 2017 | Blog
North Carolina local governments are increasingly choosing revenue bonds as the best way to finance improvements to their water and sewer systems. Revenue bonds are a form of borrowing money for which the security to the lender is a pledge to apply the system’s net...
by Sanford Holshouser LLP | Apr 19, 2017 | Blog
As populations shift and time passes, many communities have school buildings that are no longer being used, or for which use as a school is no longer the highest and best. Communities, like Rockingham, are then left with a huge asset—in terms of physical space and...
by Sanford Holshouser LLP | Apr 3, 2017 | Blog
Successful community economic development projects don’t happen by accident. Implementing a dynamic community economic development plan requires a dynamic team. You’ll want a team of qualified professionals and community stakeholders, including local officials,...
by Bob Jessup | Mar 29, 2017 | Blog
Every local government financing can benefit from the active participation of the city, county or town attorney. Sometimes the attorneys, however, don’t know how best to carry out their role. Here are our notes about how you, as a local government attorney, can...
by Bob Jessup | Mar 16, 2017 | Blog
There never seems to be enough money to go around for construction and maintenance of streets and sidewalks. Here are some ways a local government can borrow money to finance these projects — General obligation bonds For many, many years this was the only viable...
