The Struggle for Control of Mother’s Day

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The Struggle for Control of Mother’s Day

January 30, 2025
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Standards West Virginia

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Mother’s Day is celebrated on different days in different countries and regions. However, here is a list of some countries and the dates:

United States: Second Sunday in May
United Kingdom: Fourth Sunday in Lent
Australia: Second Sunday in May
Canada: Second Sunday in May
New Zealand: Second Sunday in May
India: Second Sunday in May
Mexico: May 10th
Japan: Second Sunday in May
France: Last Sunday in May or First Sunday in June
Germany: Second Sunday in May
Italy: Second Sunday in May
Brazil: Second Sunday in May
Egypt, Mother’s Day is celebrated on March 21st.
Israel, Mother’s Day is celebrated on the 30th day of the Jewish month of Shvat, which usually falls in February.
India, Mother’s Day is not an official holiday, but it is celebrated on the second Sunday of May, the same as in the United States.
Japan, Mother’s Day is celebrated on the second Sunday of May, but it is not a public holiday.
South Africa, Mother’s Day is celebrated on the second Sunday of May, the same as in the United States.
Thailand, Mother’s Day is celebrated on August 12th, which is the birthday of Queen Sirikit, the current queen consort of Thailand.

 

Electrical heat tracing: international harmonization-now and in the future

January 30, 2025
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Electrical heat tracing: international harmonization-now and in the future

C. Sandberg

Tyco Thermal Controls

N.R. Rafferty – M. Kleinehanding – J.J. Hernandez

E.I. DuPont de Nemours & Company, Inc 

 

Abstract:  In the past, electrical heat tracing has been thought of as a minor addition to plant utilities. Today, it is recognized as a critical subsystem to be monitored and controlled. A marriage between process, mechanical, and electrical engineers must take place to ensure that optimum economic results are produced. The Internet, expert systems, and falling costs of instrumentation will all contribute to more reliable control systems and improved monitoring systems. There is a harmonization between Europe and North America that should facilitate design and installation using common components. The future holds many opportunities to optimize the design.

CLICK HERE to order complete paper

 


Heat Tracing Installation

Industrial electroheating and electromagnetic processing

Pipe Heating

Heat Tracing

Outdoor Deicing & Snow Melting

January 30, 2025
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Electrical Safety

“Snow at Argenteuil” | Claude Monet (1875)

Today our focus turns to outdoor electric deicing and snow melting wiring systems identified as suitable for the environment and installed in accordance with the manufacturer’s instructions.  They work silently to keep snow load from caving in roofs and icicles falling from gutters onto pedestrian pathways.

While the voltage and ampere requirement of the product itself is a known characteristic, the characteristic 0f the wiring pathway — voltage, ampere, grounding, short circuit, disconnect and control — is relatively more complicated and worthy of our attention.   Articles 426-427 of the National Electrical Code is the relevant part of the NEC

Free Access 2023 National Electrical Code

Insight into the ideas running through technical committee deliberations is provided by a review of Panel 17 transcripts:

2023 NEC Panel 17 Public Input Report (633 pages)

2023 NEC Panel 17 Public Comment Report (190 pages)

We hold Articles 427 in the middle of our priority ranking for the 2023 NEC.   We find that the more difficult issues for this technology is the determination of which trade specifies these systems — architectural, electrical, or mechanical; covered in previous posts.   Instead, most of our time will be spent getting IEEE consensus products in step with it, specifically ANSI/IEEE 515 and IEEE 844/CSA 293.

Comments on the Second Draft of the 2026 NEC will be received until April 18th.

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We collaborate with the IEEE Education & Healthcare Facility Committee which meets online 4 times per month in European and American time zones.  Since a great deal of the technical basis for the NEC originates with the IEEE we will also collaborate with IEEE Standards Coordinating Committee 18 whose members are charged by the IEEE Standards Association to coordinate NFPA and IEEE consensus products.

Issue: [19-151]

Category: Electrical, Energy

Colleagues: Mike Anthony, Jim Harvey, Kane Howard, Jose Meijer


LEARN MORE:

IEEE Standard for the Testing, Design, Installation, and Maintenance of Electrical Resistance Heat Tracing for Commercial Applications

844.2/CSA C293.2-2017 – IEEE/CSA Standard for Skin Effect Trace Heating of Pipelines, Vessels, Equipment, and Structures–Application Guide for Design, Installation, Testing, Commissioning, and Maintenance

 

CFRU 93.3FM

January 29, 2025
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CLICK HERE TO LISTEN LIVE

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

Maxwell equations: A complete description of electromagnetism and light

University of Alberta: The evolution of elite hockey culture in Canada

Tax-Free Bonds

January 29, 2025
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Current Referenda

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)

Voters in 16 North Carolina counties approved bond issues totaling $4.27 billion, with $3.08 billion dedicated to K-12 public school construction and improvements​ (EducationNC)

 

“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.

Educational Settlement Finance

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.

What the University of Michigan has done to reduce the life cycle cost of the real assets of educational settlements


Gallery: School Bond Referenda (August & November Ballots)


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:

  1. School Districts: Individual school districts issue bonds to fund construction or renovation of school facilities, purchase equipment, or cover other educational expenses. Each school district is responsible for managing its own bond issuances.
  2. Colleges and Universities: Higher education institutions, such as universities and colleges, issue bonds to finance campus expansions, construction of new academic buildings, dormitories, research facilities, and other capital projects.
  3. State-Level Agencies: Many states have agencies responsible for overseeing and coordinating bond issuances for schools and universities. These agencies may facilitate bond sales, help ensure compliance with state regulations, and provide financial assistance to educational institutions.
  4. Municipal Finance Authorities: Municipal finance authorities at the state or local level often play a role in facilitating bond transactions for educational entities. They may act as intermediaries in the bond issuance process.
  5. Investment Banks and Underwriters: Investment banks and underwriters assist educational institutions in structuring and selling their bonds to investors. They help determine bond terms, market the bonds, and manage the offering.
  6. Bond Counsel: Bond counsel, typically law firms, provide legal advice to educational institutions on bond issuances. They help ensure that the bond issuance complies with all legal requirements and regulations.
  7. Rating Agencies: Rating agencies, such as Moody’s, Standard & Poor’s, and Fitch Ratings, assess the creditworthiness of the bonds and assign credit ratings. These ratings influence the interest rates at which the bonds can be issued.
  8. Investors: Various institutional and individual investors, including mutual funds, pension funds, and individual bond buyers, purchase school and university bonds as part of their investment portfolios.
  9. Financial Advisors: Financial advisory firms provide guidance to educational institutions on bond issuances, helping them make informed financial decisions related to borrowing and debt management.
  10. Regulatory Authorities: Federal and state regulatory authorities, such as the U.S. Securities and Exchange Commission (SEC) and state-specific agencies, oversee and regulate the issuance of bonds to ensure compliance with securities laws and financial regulations.

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.

 

Stirling’s Coffee House

January 29, 2025
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https://www.stirlingvenues.com/visiting-us/eating-drinking

Qualified Zone Academy Bonds

January 29, 2025
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Image Credit: Envato

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)

H.R. 865 Rebuild America’s Schools Act of 2019


LEARN MORE:

National Education Foundation 

 

Educational Settlement Finance

January 29, 2025
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Giovanni Paolo Panini, An architectural capriccio with figures among Roman ruins

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.

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.

CLICK ON IMAGE FOR INTERACTIVE MAP

 

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.

 


More:

Duke Law Review:  Don’t ‘Screw Joe the Plummer’: The Sausage-Making of Financial Reform

An Expanded Study of School Bond Elections in Michigan

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