We haven’t been blogging much of late. That’s because we have a major site update in store and we are working on getting it all put together for a big launch later this month. Here is a short list of the improvements we have in mind for you: The same great blog content giving you [...]
President Obama’s 2012 budget will include provisions for a national Infrastructure Bank. In comments provided at the US Treasury blog, Treasury Secretary Geithner said that the bank would leverage private money to “…support projects that produce significant returns on our investment.” The structure of the infrastructure bank, based on the blog post, appears to include [...]
Just last year, we saw Indianapolis reach a new public-private partnership involving the sale of the city’s water and sewer utilities to a not-for-profit cooperative. Today there is news that the City of Nashua, located in New Hampshire, is set to acquire 100% of the capital stock of the Pennichuck Corporation in a deal that [...]
Just the other day we discussed a Virginia Supreme Court decision on municipal water rates and the “fairly debatable standard” that led to, in our opinion, a weak justification for the rates charged by the City of Leesburg. Today we have another Virginia example where a lower court has ruled otherwise. In today’s example, the [...]
A recent decision by the Virginia State Supreme Court suggests that municipal utility rates in that state are not required to be held to “normal” standards of reasonableness. The web article for the Leesburg rate decision explains that the laws of Virginia means that the utility need only meet a “fairly debatable standard,” which seems [...]
