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LEGAL TIP OF THE WEEK

CREATIVE FINANCING FOR MUCH NEEDED REPAIRS

It is never easy to get money out of the State Legislature, but many of the State’s buildings and facilities are in need of repair or remodel. In particular, many prisons and other jail facilities need upgrades to their sewage system, and the water and gas lines. One way to get these funds is through taxes, but that is typically met with resistance from voters and taxpayers. To avoid that backlash, one idea is to turn to bonds, which is a promising move and shows a willingness to address the problems that need to be fixed.

For more information, contact us online today www.hostylaw.com or by calling the office at (405) 235-4040.