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...
by Bob Jessup | Sep 13, 2023 | Blog
We’ve recently come across some articles that provide some new information about topics we’ve written about before. More evidence of the black tax. There’s more evidence that local government units with more racially and ethnically diverse populations are stuck with...
by Bob Jessup | Sep 7, 2023 | Blog
Why is public infrastructure so much more expensive in the United States than anywhere else? Why has the increase in cost of public infrastructure so far outstripped the increase in general price levels, or even the costs of direct construction inputs? We came across...
by AJ Jessup | Aug 31, 2023 | Blog
We recently reviewed a GFOA post from May titled “Should We Rethink Reserves.” We wrote previously on the importance of fund balance, but the GFOA article encourages a more granular analysis of reserve levels than we have discussed. As the need for local governments...
by Bob Jessup | Jul 26, 2023 | Blog
It’s that time of year when lawyers for local governments will get letters, signed by their clients, asking for a report to the auditor. Information from the attorneys is important to an auditor’s evaluation of the client’s financial statements, especially as to...