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MRSC Insight Blog

Posts for Jenifer C. Merkel

Financing Public Infrastructure: Generational Equity and Municipal Debt

Municipal infrastructure is expensive. In deciding when and how to finance large capital projects, a council or commission must balance many competing factors. Should the local government borrow money to pay for the project? Or should it set aside funds over time – saving up to pay with cash? Is it fair to tax a resident over many years to provide funds to acquire and construct a public...

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