by Robert Jessup | Nov 19, 2023 | Blog
We’ve written earlier (here and here) about legislation entitled “bond referendum transparency” that was working its way through the General Assembly this past session. Although Senate Bill 99 did not pass, key components of the legislation – regarding changes to the...
by Robert Jessup | Oct 27, 2023 | Blog
We’ve previously written about using synthetic tax increment financing (synthetic TIF) to fund economic development, and more precisely to determine if your public investment will have an economic return through an increase in property taxes or other private sector...
by Sanford Holshouser LLP | Oct 27, 2023 | Blog
It is a truth universally observed that adding road capacity does not, after a dreadfully short transition period, reduce traffic congestion. In its simplest terms, the idea of induced demand is that an increase in the supply of a free good (in this case, un-tolled...
by Robert Jessup | Oct 13, 2023 | Blog
The Town of Carrboro is collaborating with Orange County on the development of the “203 Project,” which will be a 3-story building in downtown Carrboro that will host a County branch library and a variety Town offices. The project also includes a parking deck with 170...
by Sanford Holshouser LLP | Sep 26, 2023 | Blog
We recently reviewed a 2022 GFOA article titled “Meeting Demand for State and Local Public Finance Jobs” that discussed the current difficult environment regarding the local government finance labor market. The difficulty in recruitment and retention for these jobs is...
by Robert Jessup | Sep 26, 2023 | Blog
Chapel Hill has an economic development public-private partnership that is increasing private investment in the core downtown, improving the Town’s parking system operations and laying the groundwork for additional private investment. The Town entered into an...