Municipalities

NY Counties Sharing Sales Tax Revenue With Cities & Towns

December 3, 2012 Cities

There’s a little Albany debate going on on Twitter right now about which counties share more of their sales tax revenue with local cities, towns and villages. It’s part of the lead in to what’s likely to be a contentious meeting of the Albany County Legislature. Simultaneously, a couple members of the City of Albany’s […]

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Throwing Good Money After Bad … Over and Over and Over

October 16, 2012 Bond Rating

Harrisburg, PA is flat broke and the problem is related to its being legally, financially tied to a public authority, the Harrisburg Authority Resource Recovery Facility, which financed and built a waste incinerator. But this is awful. Bond Girl (@munilass on Twitter) lays out the detail at “Self-Evident”. This is a longish piece, but at […]

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Well, it’s Not Like Local Governments are all Flush. Krugman on the Economic Effects of Municipal Retrenchment

March 5, 2012 Budget

In Today’s New York Times, Paul Krugman writes States of Depression. In discussing the sluggish economic recovery, he says: But one significant factor in our continuing economic weakness is the fact that government in America is doing exactly what both theory and history say it shouldn’t: slashing spending in the face of a depressed economy. […]

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