Increased Costs of Municipal Financing

Unintended Consequences of the Tax Cuts and Jobs Act

As you know, both corporate and individual tax rates were reduced in last year’s Tax Cuts and Jobs Act. Lower tax rates make tax-exempt vehicles like municipal bonds less attractive to both corporate and individual investors; with lower tax rates, they have less incentive to look for tax-exempt investments. Reduced demand for municipal bonds and other tax-exempt investment vehicles like private activity bonds (PABs) means that cities will have to increase the interest rates on new bond issues in order to attract investors.

Update on Municipal Bonds

HQLA; Tax Exempt Munis May Still Be At Risk

  • 23 March 2018
  • Author: Aindriu Colgan
  • Number of views: 705
  • 0 Comments
With the omnibus having been passed by Congress, substantive legislative work will wind down until after the elections in November. There are, however, a few outstanding tax/financial issues to note.

Online Sales Tax Update

Congress Remains Stalled

  • 22 March 2018
  • Author: Aindriu Colgan
  • Number of views: 579
  • 0 Comments
Despite a strong last minute effort, Rep. Kristi Noem (R-SD) did not succeed in getting her Remote Transactions Parity Act (RTP) into the omnibus package passed today by the House and expected to be passed by the Senate by Friday.

Tax Extenders Face Scrutiny at Ways and Means Hearing

  • 15 March 2018
  • Author: Aindriu Colgan
  • Number of views: 603
  • 0 Comments
Yesterday, the House Ways and Means Subcommittee on Tax Policy held a seven-hour, 4 panel hearing on the fate of tax extenders—temporary tax extenders like those for biofuels or short-line railroads. While they were just extended retroactively for 2017, they have again expired and currently are not available for 2018.

IRS Issues Additional Partnership Audit Guidance

  • 5 February 2018
  • Author: Aindriu Colgan
  • Number of views: 683
  • 0 Comments

As part of their ongoing implementation of the partnership audit system created by 2015's Balanced Budget Act, the IRS has again released guidance on how partnerships can pay adjustments after an audit.


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Alex Yiannoutsos
/ Categories: News, News & Alerts

TFG Presents Earmarks Lessons Learned in ICMA Annual Conference Workshop

TFG appropriations veterans will provide local government leaders key information to help secure federal earmarked funding.

COLUMBUS, OH. Today, TFG federal funding experts will present “Earmark Debrief: Lessons Learned and Tips for Success” at the 2022 Annual International City/County Management Association (ICMA) Conference. TFG helped clients secure over $54 million in earmarked funds in Fiscal Year 2022 (FY22). In this presentation, Jennifer Imo, TFG Managing Partner of Client Services, and Kristi More, TFG Managing Partner of Strategic Development, will work directly with communities to help them identify the best projects for federal funding and give them tips on the information needed to set those communities up for success in the FY 24 appropriations process.

“I’ve worked with communities across the country to secure earmarked funds for two decades,” said Jennifer Imo. “Amidst administration changes and evolving priorities in Washington, TFG has been nimble in adjusting our strategies to ensure local governments are armed with the resources necessary to meet their community needs. I’m excited to strategize with local leaders face-to-face to set their priority projects up for success!”

“I’ve been lucky to work with communities from across the country in my over 20 years with TFG,” said Kristi More. “The return of earmarks over the last two appropriations cycles has offered another important source of funding for priority projects. I can’t wait to cut through the noise and share the lessons learned with local government leaders so they can effectively meet their community goals.”

This presentation follows the workshop TFG held called “Demystifying Earmarks: Secure Federal Funding for Your Community” at the 2021 Annual ICMA Conference on October 3, 2021. The ICMA Annual Conference brings together thousands of government management professionals for presentations, workshops, and events to equip attendees with the tools they need to strengthen their own communities. TFG is a longtime ICMA Strategic Partner and an annual sponsor of a scholarship to The Harvard Kennedy School Executive Program Scholarship for senior level city and county managers that are ICMA members.

Join the Conversation

What:     Earmark Debrief: Lessons Learned and Tips for Success

Who:      Jennifer Imo, Managing Partner of Client Services

               Kristi More, Managing Partner of Strategic Development

Where:  ICMA 2022 Annual Conference, Columbus, OH. (in-person and online)

When:    Monday, September 19, 2022; 1:15PM ET

Register: ICMA 2022 Annual Conference

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