March 2022 Archive
Homelessness and Housing Affordability Investments from the 2022 General Session
Affordable Housing versus Homelessness Housing can be thought of on a continuum as shown below, divided between strategies for homelessness on the left and strategies for affordable housing for moderate income groups on the right: According to the U.S. Department of Housing and Urban Development (HUD), housing is considered affordable if the gross monthly cost […]
2022 General Session Updates to Arts, Heritage, and Economic Development Grants
During the 2022 General Session, legislators embarked upon a new approach to grant funding for arts, heritage, culture, events, and economic development. They attempted to balance the Legislature’s constitutional role in appropriating with a desire for greater accountability and transparency from grant recipients. To do so, they reworked pass-through funding at the Department of Cultural […]
Spring Brings Strong Forecasts and Updated Collections
Monday, March 14th, the Tax Commission released its Revenue Summary report (TC-23) concurrent with the monthly Revenue Snapshot produced by the Legislative Fiscal Analyst (LFA) and Governor’s Office of Planning and Budget (GOPB). Both reports detail tax revenue through March and contrast those collections to last year’s receipts (TC-23) and predicted state revenue (Revenue Snapshot). […]