Category: Finance & Public Private Partnership Tools
Student Corner: A Look Inside the Privatization of NC’s Regional Economic Development Partnerships
In the 2013 State Budget Act, the State of North Carolina voted to defund North Carolina’s regional economic development partnership and to dissolve the four “rural” public partnerships, including the NC Eastern Region, Advantage West, the Southeast Regional Economic Development Partnership, and the … Read more
Unrequited Demand in a World of Fixed Infrastructure
It can be hard being a water utility when nobody needs you. Or worse yet, when you have to push people away. But the news seems rife with such stories of unrequited demand for service from water utilities that invested so much in the relationship, the infrastructure, now only to be left kind of empt … Read more
Community Food Councils: Questions and Answers
On April 17, 2014 a webinar was held by UNC School of Government, the Center for Environmental Farming Systems (CEFS) and the NC Community Transformation Grant (CTG) on food councils. Community and regional food councils (sometimes called food policy councils) are rapidly emerging as important mecha … Read more
Student Corner: 3 Things You Should Know about Social Impact Bonds
Recent state and federal-level budget talks often stress that public funding is insufficient to adequately address pressing social issues that prevent capable citizens from fully participating in our economy. However, an emergent, long-term approach to financing social and health service delivery is … Read more
NC Local Governments, Meet Your New State Partner for Economic Development
North Carolina local governments have a new partner in their economic development efforts. Session Law 2014-18 authorizes the North Carolina Department of Commerce to enter into a contract with a nonprofit entity in order to carry out many of the Department’s economic development recruiting and mark … Read more
Student Corner: Re-visioning the Research Triangle Park: How Innovation Districts Are Inspiring New Approaches to Local Economic Development
North Carolina recently received attention in Tom Ashbrook’s On Point segment discussing “innovation districts”. In this episode Bruce Katz, vice president at Brookings, references the Research Triangle Park’s Master Plan when describing this newly-coined approach to endogenous economic development. … Read more
Taxing Toilet Paper —Wastewater Finance Savior or Regressive Burden?
Many government-owned wastewater systems in the United States are enterprise funds. That is, they are business-like units within the overall government that should be self-sustaining, taking their revenue from the rates and fees charged to wastewater customers rather than from taxes. Ideally, wast … Read more
Acquiring real property for redevelopment—can local governments keep it confidential?
The town of Renewville wants to improve the look of its downtown Main Street, which is pocked with poorly-maintained commercial buildings. The Mayor has had his eye on a few key properties on Main Street, which, if redeveloped, would transform the look and feel of downtown, perhaps spurring addition … Read more
Food Councils and Food Hubs
This post is a follow-up to a webinar held April 17, 2014 on community food councils. A question was posed during the webinar: What is the relationship between food councils and food hubs? This post addresses that question. Food hubs have gained a lot of attention in recent years. Responding to this … Read more
Reining in Business Incentives?
A short piece by the Council on Foreign Relations (CFR) adds to a growing number of calls for state and local governments to significantly limit their use of business incentives for economic development such as tax breaks, cash grants, and the like. The CFR “Policy Innovation Memo” is titled … Read more