The Pennsylvania Broadband Development Authority (Authority) recently announced the award of $204 million for 52 broadband development projects throughout Pennsylvania. The grants are funded through the United States Treasury (Treasury) under the American Rescue Plan Act of 2021 (ARPA), which authorized the use of funds for broadband infrastructure projects targeted at unserved or underserved households
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PA. Distributing $45M in Grants to Municipalities, Community Anchor Institutions to Expand Internet Access
The Pennsylvania Broadband Development Authority is currently accepting applications for the multipurpose community facilities program. Funded through the federal capital projects fund established under the American Rescue Plan Act (ARPA), the facilities program will distribute up to $45 million in competitive grants to community anchor institutions and local governments to ensure reliable and affordable broadband…
Pennsylvania Accepting Applications from Non-Profits for $3.2 Million in Physical and Cybersecurity Grants
On April 24, 2024 the Pennsylvania Emergency Management Agency (PEMA) announced it is accepting applications from eligible non-profits for funding to enhance physical and cybersecurity at organizations that may be at risk for terrorist or extremist attacks. Organizations may apply for up to $150,000 per location, at a maximum of three locations. Each location must…
Grant Funding Announced for Rural Transit, Other Projects through U.S. Department of Transportation
The U.S. Department of Transportation recently announced the availability of billions of dollars in grant funds for infrastructure and transportation projects, including over $700 million allocated to the Rural Surface Transportation Grant Program. This program offers funding for highway, bridge and tunnel projects that provide or increase access to agricultural, commercial, energy or transportation facilities…
Bond Issue Fundamentals: A Guide to the Participants and the Process
A bond issue (a debt obligation of a local government) is often perceived as a mystery for many Pennsylvania local government officials and solicitors. The securities and tax regulations governing municipal bonds have grown increasingly complex in recent years further adding to the challenge of understanding the path toward a successful bond issuance.
In this…
Ransomware Attacks Targeting Cities and Municipalities
On May 7, 2019, the City of Baltimore discovered that its integral systems were the subject of a ransomware attack, breaching the City’s phone systems, emails, documents and critical operational databases, affecting roughly 10,000 City computers. The City notified the F.B.I. and took offline as many other systems as possible to prevent the spread of the cyberattack, but not before the malicious software locked and encrypted many of the City’s systems. The hackers responsible for the attack demanded thirteen bitcoins (approximately $100,000), as ransom, to release the City’s inaccessible databases and operational tools. In a move intended to disincentive future attacks, Baltimore rejected hackers’ demands and did not pay the ransom.
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Senate Bill Proposes New Data Breach Notification Requirements for Pennsylvania State Agencies, Municipalities, and School Districts
On February 19, 2019, a bill was introduced in the Pennsylvania Senate proposing to amend the Pennsylvania Breach of Personal Information Notification Act (the “Act”) to add new breach notification requirements for state agencies and political subdivisions of the Commonwealth.
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EMMA Gets a Makeover: Enhancements Coming in Summer 2019
The MSRB is finalizing some user-friendly enhancements to the Electronic Municipal Market Access (EMMA) website, the website designated by the US Securities and Exchange Commission as the official source for municipal securities data and disclosure documents. The enhancements follow new continuing disclosure rules that will increase the volume of information required to be disclosed on EMMA. The MSRB expects that the enhancements will make it easier for issuers and obligated persons to submit information, and for the public to access it. The enhancements should roll out for public use this summer.
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Need Help with Your Municipal Manager Position?
Anticipating a vacancy in your manager position? Does your current or new manager need some training on a complex issue? Are you facing a difficult and time-consuming project that your current staff does not have capacity to complete? We can help.
We work with a number of municipalities, and one constant refrain we hear from supervisors, staff and solicitors is that there is a shortage of qualified managers out there. Several factors contribute to this situation. Let’s face facts, there are a number of baby boomers considering retirement. In many cases, there is no one on the “bench” in the township ready to step up to replace these folks. There are few opportunities to obtain the training necessary to become a well-rounded effective manager. Many municipal government staffs are just too small.
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New Continuing Disclosure Rules Go into Effect – Are You Prepared?
Last week amendments to the SEC continuing disclosure rules for municipal bonds went into effect. Under the new rules, municipalities that are planning a public offering of municipal bonds must update their continuing disclosure agreements to include covenants to disclose each of the following:
- Incurrence of a financial obligation of the obligated person, if material,
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