by Bob 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 Bob 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 AJ Jessup | 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 Bob 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...
by Bob Jessup | Sep 21, 2023 | Blog
We read an article recently (a couple of articles actually) about a local government that has a 1.5-acre lot near the beach that it purchased for $2 million in the last couple of years. Apparently (all we know is what we read in the paper) the Town’s intended use for...
