Election Day Archives - Standards Michigan

Education Community Finance

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.

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/BIMBxWpKGk https://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.

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

Gallery: School Bond Referenda

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.

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.

Can Voters Detect Malicious Manipulation of Ballot Marking Devices?

Matthew Bernhard, et. al

University of Michigan

Abstract: Ballot marking devices (BMDs) allow voters to select candidates on a computer kiosk, which prints a paper ballot that the voter can review before inserting it into a scanner to be tabulated. Unlike paperless voting machines, BMDs provide voters an opportunity to verify an auditable physical record of their choices, and a growing number of U.S. jurisdictions are adopting them for all voters. However, the security of BMDs depends on how reliably voters notice and correct any adversarially induced errors on their printed ballots. In order to measure voters’ error detection abilities, we conducted a large study (N = 241) in a realistic polling place setting using real voting machines that we modified to introduce an error into each printout. Without intervention, only 40% of participants reviewed their printed ballots at all, and only 6.6% told a poll worker something was wrong. We also find that carefully designed interventions can improve verification performance. Verbally instructing voters to review the printouts and providing a written slate of candidates for whom to vote both significantly increased review and reporting rates-although the improvements may not be large enough to provide strong security in close elections, especially when BMDs are used by all voters. Based on these findings, we make several evidence-based recommendations to help better defend BMD-based elections.

IEEE provides this article for public use without charge.

Tag Archives: Election Day

Education Community Finance

Gallery: School Bond Referenda

Can Voters Detect Malicious Manipulation of Ballot Marking Devices?

DIRECTIONS