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.

This Week in Federal Funding

In the June 29 edition we give an update on the Treasury Department guidance for the American Rescue Plan Act aid to states and localities.

Biden: 'We Have a Deal' on $1.2T Infrastructure Plan

A bipartisan group of senators emerged from a meeting at the White House Thursday to announce they had secured an agreement to invest $1.2 trillion in the nation’s infrastructure over eight years.

How to Fix Skyrocketing Overtime

Overtime is often a necessary cost, but to deploy it effectively, officials need reliable data to track where and how it is being used and who is using it. 

Introducing Route Fifty's New Federal Funds Newsletter

A weekly update on the recovery dollars flowing from Washington, D.C. to states and local governments.

A Welcome Challenge for a Rural County: Deciding How To Spend $1.8M

In Clear Creek County, Colorado, federal relief dollars could go toward addressing long-term challenges in areas like housing and economic development.

Financial Service Providers Focused on Distressed Areas See $1.2B Influx

Community development financial institutions, which operate in low-income and underserved markets, have gained access to record levels of federal funding over the course of the pandemic.

Relaxed Rules Attract Entrepreneurs to State 'Sandboxes'

‘We’re really concerned about predatory lending to low-income families.’

$5.6B in Earmarks Included in Transportation Bill

The 1,473 local projects funded in the bill range from a transportation center adjacent to the San Diego airport to a paved bike lane in New Jersey.

The Top 10 Emerging US Real Estate Markets

These locations have home prices that are rising, strong economies and a wealth of activities, according to an analysis by Realtor.com and The Wall Street Journal.