Can communities finance their own projects?

“Theoretically, it’s a nice idea, but there is some risk,” said Professor Thomas Davis of the Bloustein School of Planning and Public Policy at Rutgers University. Davis has experience dealing with mini-bonds, but it’s not been positive. Mini-bonds played a significant role in the demise of his former employer, Lehman Brothers, when each bond had […]

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Study: NJ localities poorly equipped to manage IT risk

Many of New Jersey’s local governments are ill equipped to safeguard against the risks inherent in managing their networks and working with citizens’ data, according to the results of a new report. The study, prepared by researchers at Rutgers University’s Bloustein Local Government Research Center and released late last month, reveals substantial problems with how many of […]

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Rutgers prof sees ‘tsunami’ coming for towns in a few years

While several towns were impacted during the “Great Recession,” forcing them to lay off and furlough workers, one expert predicts towns will go through another “municipal tsunami.” Professor Raphael J. Caprio of the Edward J. Bloustein School of Planning and Public Policy, said the reasons largely stem from severe state aid cuts to municipalities over […]

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