Tax

As federal funding dries up, cites are searching for new funding sources.

The Hampton County School District in Varnville, South Carolina has won its dispute over the tax-exempt status of Series 2010 general obligation bonds.

Houston and other Texas cities face financial pressure caused by weather disasters, public safety salaries and pensions, or capped property tax collections.

The Ways and Means Committee is signaling its opening post-election positions.

The higher-ed sector, already facing internal pressures, could face scrutiny over its tax-exempt status during tax reform next year.

Moody's also upgraded other Florida locality bonds recently as a result of a revised cities and counties rating methodology.

Research shows that financing sport facilities with public debt often doesn't pay off, the Tax Foundation says.

The city council unanimously passed a deal that could lead to the issuance of up to $900 million of bonds and a sales tax hike to pay off the debt.

States and tax experts are wrestling with post-SALT scenarios.

The commission also made changes to planned Louisiana State gas and fuel tax bonds of up to $1 billion