Elderflower Liqueur is So Good It’s Nicknamed the Bartender’s Ketchup
Related:
Comparison of International Alcohol Drinking Guidelines
Policy Map: US National Institute of Health on Alcohol Abuse and Alcoholism
Student radio stations are learning platforms for aspiring broadcasters and media professionals. They offer practical training and hands-on experience in radio production, programming, and broadcasting. Many educational institutions with student radio stations integrate these stations into their curriculum, providing students with the opportunity to apply theoretical knowledge in a real-world broadcasting setting.
Standards Ontario | Financial Position 2023 (-$35,047,000) Page 19
Canadian Parliament Debate on Standards Incorporated by Reference
University of Alberta: The evolution of elite hockey culture in Canada
Perspective:
In the November 2022 elections, a significant number of school bond referenda were presented to voters across the United States. For example, in Wisconsin alone, there were 57 successful capital referenda amounting to nearly $2.1 billion in authorized debt (Wisconsin Policy Forum)
In Texas, Central Texas schools had a total of $4.24 billion in bonds on the ballot, covering various propositions for school facilities, technology improvements, and athletic facilities (Fox 7 Austin)
In California and Arkansas, bond measures totaling $74 million — including school choice — were aimed at addressing school facility improvements (The74Million)
“The cure for high prices, is high prices” — They say.
Today we explore fiscal runaway in the US education “industry” with particular interest in the financing instruments for building the real assets that are the beating heart of culture in neighborhoods, cities, counties and states. We steer clear of social and political issues. The marketing of these projects — and how the loans are paid off — provides insight into the costs and benefits of this $100+ billion industry; the largest non-residential building construction market in the United States.
We cannot do much to stop the hyperbolically rising cost of administrative functionaries but we can force the incumbents we describe in our ABOUT to work a little harder to reduce un-used (or un-useable) space and reduce maintenance cost. Sometimes simple questions result in obvious answers that result in significant savings.
More recently hybrid teaching and learning space, owing the the circumstances of the pandemic, opens new possibilities for placing downward pressure on cost.
Regulation or Money-Laundering?
After Architect-Engineers and Building Construction Contractors (many of whom finance election advocacy enterprises) the following organizations are involved in placing a bond on the open market:
These organizations collectively contribute to the process of issuing, selling, and managing school and university bonds in the United States, allowing educational institutions to raise the necessary funds for their capital projects and operations. The specific entities involved may vary depending on the size and location of the educational institution and the nature of the bond issuance.
Bond issuances affect local property values.
https://www.stirlingvenues.com/visiting-us/eating-drinking
From the Wikipedia:
Qualified Zone Academy Bonds (QZABs) are a U.S. government debt instrument created by Section 226 of the Taxpayer Relief Act of 1997. It was later revised and regulations may be found in Section 54(E) of the U.S. Code. QZABs allow certain qualified schools to borrow at nominal interest rates (as low as zero percent) for costs incurred in connection with the establishment of special programs in partnership with the private sector…
…Funds can be used for renovation and rehabilitation projects (including energy projects), as well as equipment purchases (including computers). QZABs cannot be used for new building construction. The school district must obtain matching funds from a private-sector/non-profit partner equal to at least 10% of the cost of the proposed project. Information on the two QZAB federal mandates, 10% match and academy, can be obtained by visiting the American Association of School Administrators (AASA) school financing toolkit (see resources below).
…The normal annual allocation each year has been $400,000,000. However, during 2008, 2009, and 2010, the American Recovery & Reinvestment Act (ARRA) increased these amounts to 1.4 billion. The 2011 allocation has returned to the $400,000,000 level. The allocation is divided up by all fifty states and US possessions. QZABs are a temporary program, subject to reauthorization. The last authorization was for the calendar years 2012 and 2013. Authorizations must be used within two years following the year for which they were given, meaning that authorizations given in 2012 must be used by December 31, 2014. As of July 21, 2014, the reauthorization of the QZAB program for years 2014 and 2015 has not been passed by the U.S. Congress. [Emphasis added*]…
From the US Department of Education:
…Schools usually fund large projects, like building renovation or construction, through debt mechanisms such as tax-exempt bonds or loans. School districts must then pay a substantial amount of interest on this debt. For schools serving low income students, QZABs reduce the burden of interest payments by giving financial institutions holding the bonds (or other debt mechanism) a tax credit in lieu of interest. The school district must still pay back the amount of money it initially borrowed, but does not have to pay any interest — typically about half the cost of renovating a school. The credit rate for QZABs sold on a given day is set by the Treasury Department…
With the COVID-19 pandemic disrupting education facility construction projects — and the prospect of at least 10 percent of the built environment rendered redundant for all time — it is enlightening to review the several sources of financing for these construction projects.
We review education industry construction project status and financing at least twice a month during our US Census Bureau Monthly Construction and Finance teleconferences. See our CALENDAR for the next online meeting; open to everyone. Use the login credential at the upper right of our home page.
* The Rebuild America’s Schools Act of 2019 (H.R. 865/S. 266)
LEARN MORE:
The post-pandemic #WiseCampus transformation requires significant capital to meet the sustainability goals of its leadership. Campuses are cities-within-cities and are, to a fair degree, financed in a similar fashion. Tax-free bonds are an effective instrument for school districts, colleges and universities — and the host community in which they are nested — for raising capital for infrastructure projects while also providing investors with, say $10,000 to $100,000, to allocate toward a tax-free dividend income stream that produces a return in the range of 2 to 8 percent annually.
An aging population may be receptive to investment opportunities that protect their retirement savings from taxation.
Curious about the municipal bond market? Check out the MSRB’s new resource “Municipal Market Basics” to start your journey through the MSRB’s newly updated Education Center: https://t.co/BIMBxWpKGkhttps://t.co/PLhtaXzdD9 pic.twitter.com/FVARkkYZAD
— MSRB (@MSRB_News) November 28, 2023
Once a month, we walk through the prospectuses of one or two bond offerings of school districts, colleges and universities and examine offering specifics regarding infrastructure construction, operations and maintenance. We pay particular attention to details regarding “continuing operations”. Somehow the education industry has to pay for its green agenda. See our CALENDAR for the next Finance colloquium; open to everyone.
The interactive map provided by Electronic Municipal Market Access identifies state-by-state listings of tax-free bonds that contribute to the construction and operation of education facilities; some of which involved university-affiliated medical research and healthcare delivery enterprises.
If you need help cutting through this list please feel free to click in any day at 11 AM Eastern time. Use the login credentials at the upper right of our hope page. We collaborate with subject matter experts at Municipal Analytics and UBS.
Issue: [Various]
Category: Administration & Management, Finance, #SmartCampus
Colleagues: Mike Anthony, John Kaczor, Liberty Ziegahn
*We see the pandemic as a driver for a step-reduction in cost in all dimensions of education communities. We coined the term with a hashtag about two years ago.
*College and university infrastructure projects are classified with public school districts under the rubric “municipal bonds” at the moment. CLICK HERE for more information.
Good question. pic.twitter.com/FtW0eSaQs7
— Thomas Sowell Quotes (@ThomasSowell) January 27, 2025
More:
Duke Law Review: Don’t ‘Screw Joe the Plummer’: The Sausage-Making of Financial Reform
In terms of total spend, the US elementary and secondary school industry is about twice the size of the higher education industry according to IBISWorld. About $100 billion is in play every year for both (which we cover during our Ædificare colloquia); with higher education spending only half of what elementary and secondary school systems spend on facilities.
Note that some districts are including construction for faculty housing.
Our focus remains on applying global standard to create educational settlements that are safer, simpler, lower-cost and longer-lasting — not on the hurly-burly of local school bond elections. We recommend consulting the coverage in American School & University for more detailed and more timely information.
Gallery: School Bond Referenda
As of January 2022, there were a few municipalities in the United States that allowed non-citizens to vote in local elections, but no entire states. These municipalities included:
San Francisco, California: Non-citizens are allowed to vote in school board elections.
Chicago, Illinois: Non-citizens are allowed to vote in school board elections.
Takoma Park, Maryland: Non-citizens are allowed to vote in local elections.
It’s worth noting that these policies may change over time as local governments make decisions regarding voting rights. For the most up-to-date information, it’s best to consult the specific laws and regulations of each municipality or state.
School bond elections — either at county or district level — are processes through which communities vote to authorize the issuance of bonds to fund various projects and improvements in their local school districts. The elections determine the quality of educational settlements –new school buildings, renovating existing facilities, upgrading technology, and improving safety measures. The outcomes of these elections directly affect the quality of education and learning environments for students within the county. Successful bond measures can stimulate economic growth by creating jobs and attracting families to the area.
Community involvement and voter turnout are essential in determining the allocation of resources and shaping the quality of life for its citizens. In recent years, however, voter ambivalence about the education “industry” in general, the rise of home schooling and other cultural factors, complicate choices presented to voters.
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Professor Karl Siebert, who teaches FDSC 4300, The Science and Technology of Beer, demonstrates how to properly pour a beer and discusses the sensory experience of beer appreciation. In a recent study, Siebert identified the key component in a ‘perfect’ head of beer: a barley protein known as Lipid Transport Protein 1 or LPT1.
Food Science Professor Karl Siebert teaches "FDSC 4300: The Science and Technology of Beer"@Cornell @CornellCALShttps://t.co/u9mHiibrg2 pic.twitter.com/ESZlcK2klk
— Standards Michigan (@StandardsMich) April 28, 2023
does your campus have a beer garden? pic.twitter.com/H19GxQd0Eu
— Alexander Ahammer (@AhammerAlex) May 5, 2023
How Do You Measure the Percentage of Alcohol in Beer, Wine and Other Beverages?https://t.co/WitMHCUKGdhttps://t.co/VS3p32cdGd@NIST pic.twitter.com/FPKBBSari9
— Standards Michigan (@StandardsMich) November 28, 2022
New update alert! The 2022 update to the Trademark Assignment Dataset is now available online. Find 1.29 million trademark assignments, involving 2.28 million unique trademark properties issued by the USPTO between March 1952 and January 2023: https://t.co/njrDAbSpwB pic.twitter.com/GkAXrHoQ9T
— USPTO (@uspto) July 13, 2023
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