Finance
New York State Pumps the Brakes on Crypto Mining
With the value of cryptocurrency dropping and environmental concerns moving front and center, New York considers a two-year pause on fossil-fuel powered crypto mining operations.
How Cities and Counties Are Thinking Big With Their ARPA Plans
Across the country, some local governments are using federal aid from the American Rescue Plan to launch "transformational" projects in areas like affordable housing, public safety and ridding homes of lead—things that will endure long after the money is spent.
This Federal Committee Is Watching Over Your Pandemic Funds Spending
The Pandemic Response Accountability Committee is on the lookout for fraud and other issues with trillions in federal Covid aid. But the watchdog is also assembling a wealth of data on programs the money is going to.
Feds Launch $1B Initiative to Rework Infrastructure That Cut Apart Cities
The Biden administration says places that prioritize community outreach as they design project proposals will have an advantage over others.
How Cities and States are Gathering Data as They Spend Federal Aid
A watchdog agency responsible for monitoring the historic infusion of pandemic relief dollars is promoting data collection to encourage transparency and uncover fraud and abuse.
$53.3 Million. 33 Jobs. No Plan. That’s How Mississippi Lawmakers Are Spending BP Oil Spill Money.
Business leaders hoped the state would use money from the 2010 oil spill to transform Mississippi’s coastal economy. Instead, lawmakers are using much of it to fill gaps in local government budgets and fund projects with few metrics for success.
Instead of Relief at the Pump, California Moves to Put Cash in Pockets
State leaders are opting for direct payments up to $1,050, rather than a gas tax suspension as they look to provide residents a break from skyrocketing prices.
How One State Used Its Giant Budget Surplus
Idaho this year had extra revenue that was equal to nearly half the amount of its general fund revenues, and that was on top of federal aid. Here's what lawmakers did with the money.
Biden's Push on Gas Tax Relief Will Likely Fall to States
His plan to suspend the federal tax to help ease high gas prices has low odds of passing Congress. The president says states are in a solid financial position to take action, but experts have doubts about whether gas tax holidays at any level are good policy.
Pandemic’s Impacts on How People Live and Work May Change City Centers for Decades
Barbershops, restaurants and other businesses that have long concentrated in traditional business districts may need to follow workers to suburbs or smaller cities to survive, new research shows.
For Taxpayer-funded Stadiums, the Renovation Boom Has Arrived
The bill is coming due for upgrades to pro sports venues built decades ago. It won’t be cheap.
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