Topic: Public Finance

Session Ends Without Passage of Street Improvement District Bill

(Published May 28, 2013)

The initiative was discussed by the tax conference committee and considered as an addition to the transportation finance conference committee report, but ultimately was not included in either bill.

Bill Removing Tax Exemption for Municipal Bonds Heard in the House

(Published Apr 5, 2013)

HF 1493 was laid over for possible inclusion in the Omnibus Tax Bill.

Financial Information Small Cities Must File by March 31

(Published Mar 25, 2013)

Cities with population under 2,500 must submit a financial statement and annual reporting form to the Office of the State Auditor by the end of the month.

Street Improvement District Bill Meets Key Deadlines

(Published Mar 25, 2013)

Throughout the committee process, numerous legislators have noted that their city officials persuaded them to support the bill.

House Committee to Hear Bill Exempting Nonprofits from City Fees and Charges

(Published Mar 11, 2013)

Potentially far-reaching legislation would exempt institutions of public charity from an array of city fees and service charges, and shift costs to other properties.

Fiscal Cliff Averted For Now, But City Programs Still Face Cuts

(Published Jan 7, 2013)

The House acted in the 13th hour to reinstate the Bush-era tax cuts, but left many major fiscal issues—including those that could hurt cities—unresolved.

Municipal Bond Interest Exemption at Risk in Fiscal Cliff Negotiations

(Published Dec 19, 2012)

The National League of Cities and LMC urge cities to encourage Minnesota’s members of Congress to maintain the exemption for municipal bond interest.

Sequestration Update: Impact on Federal Transportation, Public Safety, Environmental Programs

(Published Oct 17, 2012)

If federal across-the-board cuts happen in 2013, how will cities be affected in the areas of transportation, public safety, and environmental programs?

Upcoming Federal Budget Deadline: What It Might Mean for Cities

(Published Oct 3, 2012)

Cities using federally funded economic development programs will stand to lose funding if the federal government fails to pass a deficit reduction plan by Jan. 2.