AWWA and WEF Advocate a New Water Infrastructure Financing Framework In early April, members of the American Water Works Association (AWWA) and Water Environment Federation (WEF) attended a Fly-In event in Washington, DC, to meet with Congressional Members for discussions regarding key issues affecting the water and wastewater industries. Among the issues highlighted was the need … Read more
A couple of school finance tools may be extended through 2015 based on newly-introduced federal legislation. Sen. John Rockefeller, D-W. Va., introduced S. 796 to extend the Qualified Zone Academy Bonds (QZABs) and Qualified School Construction Bonds (QSCBs). These bonds are similar to the Build America Bonds having federal subsidy rates equal to 100 percent … Read more
The Fiscal Year (FY) 2011 federal budget negotiations finally came to an end on April 15, 2011, when President Obama signed House Resolution (HR) 1473. The final Continuing Resolution for the FY 2011 budget included a total of $1 trillion in funding which represented an approximate $40 billion budget cut from the FY 2010 budget. … Read more
It is the time of year when city, township, and county assessors set current market values on property within their taxing district. Whether or not this task is part of auditor/clerk duties, a basic understanding of how this process affects the mill levy value, and consequently the budget, is very important. Determining Total Market Value A … Read more