Committee begins biennial review of Maine Municipal Bond Bank and Government Facilities Authority; asks for more documentation The Joint Standing Committee reviewed published reports and policies from the Maine Municipal Bond Bank and Maine Government Facilities Authority, examined procurement and contribution policies and requested additional documentation showing procurement waivers, contribution accounting and examples. Staff said the Bond Bank handled about $7.5 billion in transactions last year and retains waiver documentation longer than statutory minimums.

The Maine committee's review of the Municipal Bond Bank reveals a rigorous approach to procurement, but they want more transparency in contribution accounting!

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Committee backs changes to municipal residential-building reporting deadlines and categories LD 2079 would shift municipal residential-building reports from Jan. 31 to March 31, adjust unit-category breakdowns, and require reporting income-restricted units "if known;" the committee recommended "ought to pass," though some members objected to added reporting burdens for small municipalities.

Maine's committee just approved a game-changing bill that simplifies residential construction reporting—are small towns ready for the shift?

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Maine senators hear debate over allowing municipalities to file Chapter 9 bankruptcy Sen. Mary Anne Moore presented LD 2009 to permit political subdivisions to enter Chapter 9; she cited Washington County's fiscal crisis and proposed guardrails. Municipal associations, bankers and Maine PERS warned of risks to borrowing costs, pensions and long-term stability; several lawmakers urged exploring audits and other accountability measures instead.

Maine is considering a controversial bill that would allow municipalities to file for bankruptcy, sparking fierce debate over fiscal stability and the future of public pensions.

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Senator Baldacci proposes Maine bill for increased revenue sharing and property tax control Legislation aims to enhance revenue sharing for municipalities limiting property tax increases for seniors.

Maine is taking a bold step to protect seniors from rising property taxes while boosting revenue for municipalities—find out how!

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Minnesota Chief Administrative Law Judge sets new annexation guidelines for municipalities Judge outlines equitable cost-sharing and requirements for annexing unincorporated properties.

Maine's House Bill 987 could reshape the way towns handle annexation and financial responsibilities, igniting fierce debates among lawmakers about fairness and fiscal impact.

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