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Local Governments Beware: Pension Obligation Bonds Are a Risky Response to Rising CalPERS Bills
Recent stock market volatility is a warning sign to local agencies considering pension obligation bonds.
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Examining What Went Wrong With the Student-Based Budgeting Pilot Program
Overly rigid implementation played a part in setting back the Every Student Succeeds Act's student-based budgeting pilot program.
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Teacher Pension Debt Undermines Public Education in Georgia
Georgia’s political leaders owe it to parents and students to resolve the pension system’s solvency challenges.
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Cars, Mass Transit and the Efforts to Reduce Emissions
Investments in mass transit ought to be more selective and focused on expanding and maintaining ridership in areas with high rates of transit ridership by operating more heavily during times of greater demand.
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Jitneys Could Help Provide a Critical Mass Transit Options in Miami
The city has a successful low-cost private jitney industry frequented by immigrants and minorities that could help increase transit ridership rates at a minimal cost to taxpayers.
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The Iowa Public Employees Retirement System Needs More Than a Year of Solid Returns
IPERS’ unfunded accrued liability grew from $441 million in fiscal year 2001 to $6.97 billion in fiscal year 2017.
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New Research Examines Why Public Pension Funding Gaps Are Widening
The financial gap between poorly- and well-funded public pension plans is growing.
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Will Drug Cartels Miss Jeff Sessions?
The last thing cartels want is less drug enforcement.
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How to Make Legal Pot Work for Michigan
Michigan voters took a great step toward ending the failed war on drugs.
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Stop Trying to Claim Charter Schools ‘Steal’ Money from Traditional Public Schools
Charters shouldn’t be blamed for “stealing” public schools’ funding when parents are just choosing what’s best for their kids.
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Ballot Measure That Would Have Expanded Arizona’s Empowerment Scholarship Program Defeated
Proposition 305 would have extended eligibility for the state’s Empowerment Scholarship Program to all K-12 students in the state over the next four years.
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Privatization Doesn’t Orphan Public Pension Systems
Members leaving a pension plan add nothing to a plan’s unfunded liabilities since no additional pension “liability” can accrue for work not undertaken.
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Public-Private Resources Address Big Homelessness Problem With Tiny Solution
State and local governments are using tiny homes to serve low income and homeless populations.
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Estimated Values Of Selected U.S. State and Local Infrastructure Assets
There are numerous opportunities for asset recycling by U.S. cities, counties and states.
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SEC Commissioner Endorses Efforts to Make Municipal Finance Documents More Transparent
It is time to convert tens of thousands of government annual financial statements into machine-readable form using XBRL.
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E-Cigarette Flavors are Good for Public Health. Why is the FDA Cracking Down on Them?
The FDA's actions point toward further increasing the burden on e-cigarettes, while failing to embrace their full potential to save lives.
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California Voters Take Free Market Positions On Some Key Ballot Measures
As for the potentially positive long-term political and policy implications, it seems many Californians remain open to economically rational public policies.
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How to Meet Southern California’s Large and Expensive Infrastructure Needs
California’s infrastructure needs are large and expensive enough that it will take novel ideas to address them