Finance
Only 1 in 4 nursing homes are confident they can survive a year
Mounting costs from the pandemic have made a system's shortcomings untenable, leaving residents, workers and families in a precarious position.
This Week in Federal Funding
In the July 20 edition we check in with the state and local lead for the Pandemic Response Accountability Committee, a federal watchdog overseeing ARPA programs. Also: the outlook for broadband spending and updates from Massachusetts and Maine.
The Many Flavors of 'Transformative' State and Local ARPA Spending
Transformative government projects using American Rescue Plan Act funds can run the gamut from improving a local park, to spending tens of millions to alleviate homelessness.
Why There’s Rising Interest in Giving More Updates to Bondholders
Investors and others would like to see more timely information about developments with municipal borrowers’ finances. “Voluntary disclosure” can help, experts say.
Judge Declines to Block ARPA Tax Cut Mandate Before Case is Heard
At least six lawsuits are challenging the legality of a provision included in the American Rescue Plan Act that prevents states from using federal relief funds to offset tax cuts.
How State Finances Fared During the Covid-19 Crisis
A new survey of budget officials shows that economic activity and tax revenue improved or fully recovered for most states by the end of 2020.
This Week in Federal Funding
In the July 13 edition we talk with Erie County, New York executive Mark Poloncarz about plans there for $124 million in recovery spending. And we have a roundup of ARPA action in Alabama, Virginia, Milwaukee and St. Louis.
Pandemic Growth Led This State to Slash Taxes, Issue Rebates
Tax policy experts and state officials believe Idaho’s rapid economic growth will offset the tax cuts, making them feasible under federal funding rules.
This Week in Federal Funding
In the July 6 edition we look at how states have approached their American Rescue Plan Act allotments so far.
Judge Sides With Ohio in Fight Against ARPA Tax Cut Restrictions
The ruling curtails Treasury's ability to enforce the so-called "tax mandate" in the American Rescue Plan Act, but only applies to the Buckeye State. Similar legal disputes are pending in other courts.
Financing Plan for Infrastructure Agreement Called into Question
Finance experts say the plan to pay for the infrastructure proposal, in part by clawing back unspent Covid relief funds, is unlikely to cover the full cost.
Featured eBooks
