In an unreported panel decision of Armstrong Township v. Lycoming County Board of Assessment Appeals and Choice FuelCorp, Inc., 140 C.D. 2022 (Pa. Cmwlth. Ct. Apr. 5, 2024), the Commonwealth Court of Pennsylvania reversed the...more
The Pennsylvania Office of Open Records issued an alert concerning anonymous Right to Know Law requests generated by an online service called FOIA Buddy after receiving reports from “numerous” agencies. On its website, FOIA...more
A bond issue (a debt obligation of a local government) is often perceived as a mystery for many Pennsylvania local government officials and solicitors. The securities and tax regulations governing municipal bonds have grown...more
1/17/2024
/ Bondholders ,
Bonds ,
Consumer Protection Act ,
Credit Enhancements ,
Disclosure Requirements ,
Dodd-Frank ,
Fiduciary Duty ,
Income Taxes ,
Interest Rate Swaps ,
MSRB ,
Municipal Bonds ,
Public Meetings ,
Reimbursements ,
Securities ,
Securities and Exchange Commission (SEC) ,
Shareholders ,
Trustees
The Pennsylvania Broadband Development Authority (Authority) is currently accepting applications for the Broadband Infrastructure Program (Program), funded through the federal Capital Projects Fund, to distribute $200 million...more
Now is the time for school districts and municipalities across the Commonwealth to develop bid documents that are tailored to address the additional compliance requirements necessitated by a school district or municipality’s...more
Since September 2021, the United States Securities and Exchange Commission (the SEC) has brought five enforcement actions regarding municipal bond financings. The issuers of these bonds are Sweetwater Union High School...more
The Securities and Exchange Commission (SEC) recently charged two chief financial officers of school districts with misleading investors in municipal bond offerings. This should be a warning to municipal CFOs to be very...more
The American Rescue Plan Act (“ARPA”) was enacted in March 2021 providing an unprecedented $1.9 trillion in direct relief to combat the effects Covid-19, whether it be negative economic impacts, public health implications,...more