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The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 1)

The Stoop (NYU Furman Center)

7 Additionally, GSE subsidies and privileges are crafted to largely avoid showing up as a federal budget expenditure, thus avoiding competing with other priorities for scarce tax dollars. 11 This core flaw of GSE design was described by then-Secretary of the Treasury Henry Paulson when F&F were placed into conservatorship in 2008.

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On Demand Webinar from UNC’s Tax Center on State Response to the Pandemic

Death and Taxes

Here is the description of the webinar: The economic disruption of COVID-19 will substantially affect state budgets in coming fiscal years, with an estimated $275 billion in revenue losses through fiscal June 2022. It will feature a panel of expert academics and practitioners to explore: The current and future status of state budgets.

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Rampant management failure #2: DC area Metrorail (Washington Area Metropolitan Transit Authority)

Rebuilding Place in Urban Space

Unlike the local and state jurisdictions that fund Metro, federal money goes only to the agency’s capital budget but not to its separate operating budget — a distinction local officials have long said is inequitable. Good luck with that. The director then, Mark R. But it is also a management failure of local government.

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The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 2)

The Stoop (NYU Furman Center)

It describes how the GSE design defect had very publicly manifested itself in these institutions prior to their being taken over by the government via conservatorship in 2008. Today, agency MBS outstanding is about $9 trillion, two-thirds of all first-lien mortgage dollars, while bank-held mortgage loans only account for $2.6

2008 59
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Programming for Success in Parks and Recreation

Let's Talk Parks

Have you ever experienced: a limited budget? So I started back in 2008 working part time as an activity leader in one of our after school programs. And when developing quality programs, I think you have to take into consideration one what the objectives are, but what’s your budget for it? low participation? Chris: Yeah.

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Fiscal Impacts from COVID-19–Revenue Structure Matters

Death and Taxes

Collaborating with the Florida League of Cities (FLC), we endeavored to provide a simple and practical revenue forecasting strategy to help cities in Florida plan and prepare for the potential impacts of the COVID 19 pandemic on their budgets. His scholarship focuses on state and local public finance, budgeting and financial management.

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Current GSE Guarantee Fees Are Too Low to Be Consistent with Regulatory Capital: Does This Mean a Large Increase Is Coming?

The Stoop (NYU Furman Center)

In the years immediately following conservatorship (which began in September 2008), the FHFA increasingly took over setting the average G-fee. This all ended in 2008, when even the most ardent GSE defenders in Congress went quiet as the two companies collapsed into conservatorship.

2008 52