Throughout America, local governments are betting big on recreation as a catalyst for growth. From sprawling youth-sports complexes and gleaming aquatic centers to billion-dollar stadiums and multipurpose arenas, these types of projects draw visitors, fill hotels, and revitalize local economies.   The results can be striking. Las Vegas’s Allegiant Stadium now generates about $60 million in public room-tax revenue annually, while San Francisco’s […]

In the face of escalating climate threats — from intensifying storms and sea-level rise to extreme heat, flooding and landslides — U.S. cities, counties and states are launching bold, multi-agency infrastructure efforts that blur the lines between governmental departmental divisions and jurisdictions. Gone are the days when water, transportation, energy, planning and emergency management operated […]

There are several types of bond options that government officials can use to secure funding for major capital projects. Each of the different options balance repayment security, funding sources, and investor risk. It’s important to understand the different types of bonds because the funding they generate each year supports thousands of new projects that require […]