March 15, 2025

government

Funds

Gentner Drummond cites potential ‘deadly consequences’

Attorney General Gentner Drummond issued a formal opinion Sunday directing Ryan Walters to release to school districts millions of dollars in security funds appropriated by the Oklahoma Legislature in the wake of 2022’s deadly Uvalde, Texas, school shooting. Drummond’s formal opinion, which has the force of law, found that districts can carry over funds from

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Investment

Indonesia aims for US$25.2 billion in green hydrogen investment by 2060 | INSIDER

The Indonesian government is targeting private sector investment in green hydrogen development to reach US$25.2 billion (Rp395.58 trillion) by 2060 as part of its efforts to prevent an energy crisis in the industrial sector and support carbon dioxide reduction. This initiative is designed to mitigate the risk of an energy crisis in the industrial sector

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Property

Dalton school board to hold off on vote on property tax rate | Local News

Dalton Board of Education Chair Matt Evans said this week board members will not vote on a property tax rate for fiscal year 2025 until they receive a certified tax digest from the Whitfield County assessors office. The fiscal year began July 1. “We originally had scheduled to vote on a tentative millage (Monday) but (Superintendent

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Crypto

SEC charges crypto firm NovaTech with fraud

The U.S. Securities and Exchange Commission (SEC) is suing a crypto startup, NovaTech, for allegedly fraudulently raising more than $650 million from over 200,000 investors, many in the Haitian-American community. The SEC frames NovaTech, founded in 2019 by husband-and-wife duo Cynthia and Eddy Petion, as a multi-level marketing (MLM) scheme — one that lured investors

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Property

Dirt mounds remain at Lundy’s vacant Clinton Street property | Business

WATERTOWN — Apparently, developer Michael E. Lundy has finished tidying up his Clinton Street property that city officials have called an eyesore. This past week, an excavator removed overgrown vegetation from two large piles of dirt, and construction debris was removed from the site. City officials were under the impression that Lundy planned to leave

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Finance

U.K.’s new finance chief pitches Bay Street on plan to boost investment in Britain

Open this photo in gallery: Rachel Reeves, Chancellor of the Exchequer for Britain, speaks during an interview at the British Consulate in Toronto on Aug 7.Fred Lum/The Globe and Mail Britain’s Labour Party romped to victory last month over the incumbent Conservatives with a focus on economic growth and a promise of fiscal restraint aimed

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Property

Ruling strikes down Indiana residential property tax policy

A landmark Indiana Tax Court ruling is poised to upend residential property tax collections across the state — even before the property tax cut proposals of the candidates for governor have a chance to be considered by next year’s General Assembly. In a case originating in Lake County, Indiana Tax Court Judge Justin McAdam last

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Property

Omaha taxpayers voice support for schools, equitable property taxes at town hall

A need for equity and support for public schools was at the top of the minds of more than 150 Omaha-area residents gathered Sunday for a legislative town hall at the University of Nebraska at Omaha. The forum was organized by a group of state senators representing the Omaha and Lincoln areas after Nebraska Gov.

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Funds

School code dictates how billions in Pa. education funds are spent | Local News

HARRISBURG — Pennsylvania lawmakers finalized the new state budget last week, allocating billions of taxpayer dollars for operations in 2024-25, but related code bills will detail exactly how that money is put into action. A look at the new school code shows formula shifts altering how state subsidies are shared with private schools, accountability directives

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Property

Finding equity in property tax cuts and education funding

Grace Bellinghausen The Times Few issues affect every resident of Nebraska more directly than property taxes. Although not the most popular topic, property taxes are vital for funding essential services like K-12 education. Grace Belling-hausen Recently, Nebraska senators and the public have aligned with Gov. Jim Pillen on the necessity of reducing property taxes by

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