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Published on Friday, February 6, 2015

Changes to Public Works Board membership and process proposed

The Public Works Board has introduced legislation regarding administration of the public works assistance account (HB 1959). The proposal includes several elements, including:

  • Adding legislators to the Public Works Board;
  • Requiring policies that maximize the use of federal funds; and
  • Requiring the board to consider a number of factors when setting interest rates including market rates.

At this point we recognize the need to maximize the use of federal funds while acknowledging that federal funds come with additional requirements that can be especially burdensome for smaller cities. We remain concerned about too-closely pegging the interest rates to the market rate. We believe adding legislators to the board would be a positive outcome and build long term support within the legislature for this program.

We welcome feedback on this proposal. Please share your comments with Carl Schroeder.