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According to two articles on Bloomberg.com, voters across the country passed a number of initiatives that will help address America's infrastructure needs. In Los Angeles County, voters approved $7 billion of debt for repairs to its largest public school system and $3.5 infrastructure to "good" condition, excluding expansion costs.
Solar trees at Florida's Babcock Ranch, where sustainability is built into the infrastructure. There is no debt on it, no equipment on it, and it gives a lot more flexibility and optionality within the portfolio.”. . Photo: courtesy Babcock Ranch. . Mixed-Fuel Solutions and All-Electric Codes in Home Building.
The housing market collapse devastated the Golden State at the same time it faced a fiscal reckoning brought on by decades of piling up long-term debt. Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion.
Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Grants are available for Proof of Concept, Early-Stage Capital & Retention, Infrastructure Funding and AI Exports. ALABAMA - updated for 2014.
The TNECD website summarizes Tennessee’s approach to business climate with this credo: “We believe in high expectations, low debt and a pro-business regulatory environment. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business.
ALABAMA INFRASTRUCTURE GRANT PROGRAM: Funds are available for extension of water, sewer and road facilities. Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments.
Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. Other states with large shale deposits—including Pennsylvania, Ohio and Louisiana—are moving full speed ahead with large-scale fracking operations.
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