Debt securities used to fund
local and state government projects, such as buildings and highways, have long been afforded tax - exempt status at the federal level.
Lagos State Governor, Mr. Akinwunmi Ambode on Thursday commissioned several
local and state government projects in Epe, Ibeju Lekki, Eti - Osa and Shomolu Local Government Areas of the State, saying that his administration would continue to utilise tax payers» money judiciously to the benefit of all residents.
Not exact matches
In a February address to Congress, Trump called for a $ 200 billion federal investment intended to spur at least $ 1.5 trillion in spending from
state and local governments over 10 years on roads, bridges, ports
and other
projects.
Spending on
state and local government construction
projects, which is the largest portion of the public sector segment, slipped 0.4 %.
A new scheme backed by the Federal
and State governments provides a potentially large incentive for
projects to maximise
local content.
According to USA Today, Hyperloop One will weigh
local,
state,
and federal
government's support of particular
projects —
and thus, their likelihood of getting funding — before deciding whether to move forward with them.
As many others have already pointed out, Amazon's recent announcement that it will build a second headquarters in North America has set in motion what will become one of the biggest competitions in history among
state and local governments for a corporate expansion
project.
The bill would also allow
state and local governments to issue Build America Bonds that provide a direct payment from the federal
government for a part of the interest paid on bonds that finance
government works
projects.
State and local governments consistently tap capital markets to borrow money for
projects designed to positively impact the lives of residents, such as building schools
and hospitals.
As a market leader, the group provides energy services
and flexible
project finance solutions to commercial businesses
and federal,
state and local governments.
The Nelson A. Rockefeller Institute of
Government is a public policy research institute that conducts studies and related projects on state and local government and finance, American federalism, public management, and New York Sta
Government is a public policy research institute that conducts studies
and related
projects on
state and local government and finance, American federalism, public management, and New York State is
state and local government and finance, American federalism, public management, and New York Sta
government and finance, American federalism, public management,
and New York
State is
State issues.
The market has yet to reach critical mass, but given the kinds of
projects funded by
state and local governments, «the market should be a natural issuer of green
and social impact bonds,» notes Victoria Irving, Equity Strategist for the Global Sustainability Research team.
As background, they are issued by
states or
local governments to finance public works
and infrastructure
projects.
Here's why it might: money for transportation
and other
projects will be funneling down through
state and regional funding entities,
and every
local government is going to...
Chao said she disagreed, saying that
states and local governments would be responsible for proposing
projects to be funded.
The bill allowing all veterans to buy added pension time was vetoed by Cuomo last year because, notwithstanding a clause in the governor's Tier 6 pension reform, it failed to appropriate money to cover the
projected state and local government share of the «past service» catch - up cost of the measure.
Key partners include: Greater Buffalo - Niagara Regional Transportation Council (GBNRTC), Niagara Frontier Transportation Authority (NFTA), New York
State Department of Transportation (NYSDOT); Erie County, Niagara County, City of Buffalo, City of Niagara Falls, Association of Erie County
Governments, Niagara County Supervisors Association, University at Buffalo Regional Institute
and Urban Design
Project (UBRI / UDP), Daemen College Center for Sustainable Communities
and Civic Engagement (CSCCE), VOICE Buffalo,
Local Initiatives Support Corporation Buffalo (LISC), Western New York Environmental Alliance (WNYEA), Buffalo Niagara Riverkeeper, The John R. Oishei Foundation, Buffalo Niagara Medical Campus (BNMC), Belmont Housing Resources for WNY, Inc. (Belmont), Buffalo Niagara Partnership (BNP), Empire
State Development, New York
State Department of
State, Division of Smart Growth, Niagara County Department of Social Services,
and Niagara Falls Housing Authority.
The mid year financial report released by Cuomo's budget office says options to close the gap include more cuts to
state agencies, delaying payments to
local governments and schools, suspension of some construction
projects,
and even borrowing money short term to pay for operating expenses.
«Irwin Raij has years of experience working together with sports franchise owners,
local communities,
and government in sports development
projects,
and he will be a valuable addition to the
state's efforts to keep the Bills right here in New York.»
Many of the construction
projects have been a result of cooperation at the
local,
state and federal levels of
government, but there are some indications that not everybody's on the same page for one of the city's next big endeavors.
Commenting on the reports in the media that the Secretary of
State for Education, Rt Hon Michael Gove MP, is to apologise to Parliament for errors contained in the
Government's list of schools to be rebuilt or refurbished under the Building Schools for the Future (BSF) programme, Chris Keates, General Secretary of the NASUWT, the largest teachers» union, said: «The
Government's decision to scrap over 700
projects to rebuild or refurbish schools was an unnecessary
and disastrous development that history will judge to be bad for children, bad for education
and bad for
local communities
and the economy.
Local governments all across the
state are working on instrastructure upgrades
and other
projects.
Ambode, who assured the residents that more
projects would be implemented in 2018, spoke in Epe at a special Christmas party, organised by the
state government and held simultaneously in all the 20
local government areas of the
state.
The Senate Committee on
States and Local Government Administration
and the House of Representatives Committee on Special duties on Tuesday commenced inspection of Federal
Government's N300m intervention
projects in Bakassi
Local Government of Cross River.
«I would bring
local control back to town
government, take advantage of our
local resources, especially our water system, fight for the taxpayer at every level, especially
state and federal,
and get water
and sewer
projects back on track to be in the best interests of the town, not just a cost burden directed by others.»
«The FADAMA III (AFII)
project is expected to reach out to 6,640 households, with a population of 73,685 direct beneficiaries
and over 2.2 million indirect beneficiaries in the 24 participating
local government areas of the
state.
The $ 10.5 million energy
and agricultural waste management
project was funded by
local,
state and federal taxpayer dollars, including about $ 1.5 million that came directly from Cayuga County
government's savings accounts.
State lawmakers
and Gov. Andrew Cuomo have the ability to borrow as much as $ 1.1 billion for
projects to help
local governments and public agencies, like libraries
and fire departments.
All of these
projects, according to Governor Ambode at his second quarterly town hall meeting at City Hall, Lagos, were parts of the completed 300 major roads, 66 other major ones as work - in - progress,
and 80 other inner roads embarked upon in the 57
local governments in the
state.
Early next year, newly inaugurated Gov. Andrew Cuomo will have to set forth an austere budget, cutting more than $ 10 billion from
projected state spending — cuts that will send shock waves through
local governments and school districts, themselves reeling from declining revenue
and recession - related spending demands.
«The first round of the
local shared services program has gotten results with plans across the
state projecting reductions in property taxes, finding efficiencies,
and achieving better coordination among
local governments across the
state,» said Jim Malatras, the president of the Rockefeller Institute of
Government.
While noting the reconstruction of 114 inner roads across the 57
Local Government Councils in the State, Zakari also commended the Light Up Lagos project and the Agric initiative aimed at encouraging local production of rice, saying that the remarkable initiative had greatly reduced rice importation and enhanced foreign exchange of the cou
Local Government Councils in the
State, Zakari also commended the Light Up Lagos
project and the Agric initiative aimed at encouraging
local production of rice, saying that the remarkable initiative had greatly reduced rice importation and enhanced foreign exchange of the cou
local production of rice, saying that the remarkable initiative had greatly reduced rice importation
and enhanced foreign exchange of the country.
I thank the Governor
and our partners in the federal,
state and local government for their tireless work in advocating for this transformative
project.»
Governor Badaru made this statement at the commissioning
and handing over of zenith CRS
projects in jigawa
state held at kiyawa
local government.
Programme;
state of the art ICT Centre for Federal
Government Girls College, Onitsha; Free eye screening
and treatment including provision of glasses for 5000 constituents; Annual charity programme for orphans, disabled persons, widows
and less privileged; water borehole
projects in many communities in her Constituency;
and Primary Healthcare Centre at Umuerum in Ayamelum
Local Council.
Aquario says
local governments are already feeling the squeeze from the property tax cap, which is
projected to grow at less than 1 % in 2016,
and state mandated expenses.
Some of the
projects tied to the bond, the governor said, include the expansion of some major roads in the
State capital, construction of two new campuses of Kwara
State University in Ilesha - Baruba
and Osi in Baruten
and Ekiti
local government areas respectively.
But to access that money,
local and state government would be required to invest in 80 percent of the costs of the
projects.
BOLTON LANDING — In a speech to to the
state's largest business group, Governor Andrew Cuomo said he would invest a third of the
state's
projected budget surplus in upstate development
and incentivizing
local governments to consolidate.
Some residents of Ido
Local government area in Ibadan, the Oyo
state capital
and their counterparts from Odeda
Local government area in Ogun
state on Monday sacked Chinese construction workers handling the Ibadan - Lagos light rail
project.
By helping
local governments avoid federal prevailing wages
and regulations on road
projects, lawmakers are hoping to make the
state's tight transportation budget stretch further.
«I advise Father Mbaka to travel to Gombe
State and visit the state university, hospitals and water projects in Gombe town and all the other 10 local governments of Gombe State and tell Nigerians his findings.&r
State and visit the
state university, hospitals and water projects in Gombe town and all the other 10 local governments of Gombe State and tell Nigerians his findings.&r
state university, hospitals
and water
projects in Gombe town
and all the other 10
local governments of Gombe
State and tell Nigerians his findings.&r
State and tell Nigerians his findings.»
• When Tier 6 was adopted two years ago, the governor's Division of Budget
projected it would reduce pension costs for
state and local government by more than $ 35 billion over 30 years;
and
By 2022 health care financed by federal,
state,
and local governments is
projected to account for 49 percent of total national health expenditures
and reach a total of $ 2.4 trillion.
The five completed
projects have cost
states,
local governments and private groups $ 44 million, the EPA says.
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According to Franklin A. Thomas, the foundation's president, the
projects chosen «clearly show [that]
state and local governments have stepped forward to meet important public needs in bold
and imaginative ways.»
«The problem with such arbitrary percentage rules is that they prevent a full cost analysis by
state and local governments and arbitrarily eliminate sound renovation
projects.
Shierra's areas of expertise include federal,
state,
local government and commercial procurements
and contracts; federal contracting vehicles
and regulations such as the FAR, FTR
and CFR; contract
and subcontract development, assessment, negotiation,
and administration;
and project cost budgeting, tracking, forecasting, resource allocation,
and scheduling.
The GROW AMERICA Act will also better align planning among the Federal
government,
states, ports,
and local communities to improve decision - making
and help improve the U.S.'s long - term competitiveness by taking steps to achieve President Obama's call to reduce the time it takes to break ground on a new transportation
project.