April 28, 2021
in Insights
Indirect cost rates vs. cost allocation plans, which one is best for your agency?
Every state has its own laws and regulations for their canabis program. Do you know the fees associate with canabis?
Every state has its own laws and regulations for their canabis program. Do you know the fees associate with canabis?
During COVID-19 there is plenty of uncertainty for state and local governments. Here are the four questions you should ask and answer to feel assured.
Short-term rentals (STRs) are a phenomenon of today's "shared economy" - a world in which technology advancements have upended traditional business models. Since 2011, the number of STR properties listed on the top four websites (e.g., Airbnb, VRBO) has exploded from about 900,000 to 8 million, an increase of almost 800%. With dramatic increase in properties participating in short-term rentals, why aren't governments seeing an increase in revenue?
Economic fluctuations make it difficult for governments to break even on the cost of providing building permits, which is required in most states. Rates are based on anticipated demand, which is difficult to predict. Boom-and-bust cycles often result in either too much or too little revenue. A surplus may lead to legal trouble, while a revenue shortfall may result in budget and service cuts.