Federal Advocacy, Debt Management

Tax Tools for Local Economic Development

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Image from GFR

The following is a condensed version of GFOA member LaShea Lofton’s address on behalf of GFOA before the U.S. Senate Finance Committee. The hearing was held on July 30, 2024, and Lofton testified about the importance of tax-exempt municipal bonds and how they help ensure that the necessary infrastructure is in place to support economic development.


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