by Bob Jessup | Nov 19, 2023 | Blog
In 2018 the City of Rockingham spearheaded an effort to redevelop underused private property into a new downtown campus for Richmond Community College. The City saw that this project would revitalize the parcel, bring more people to the downtown both day and night and...
by Bob 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 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...
