Government Finance Officers Association Report: Understanding Financing Options Used for Public Infrastructure
The Government Finance Officers Association released a January 2025 report on “Understanding Financing Options Used for Public Infrastructure.” This report offers a comprehensive overview of tax-exempt bonds and other financing mechanisms utilized by state and local governments and entities and explores key aspects of tax-exempt financing, including:
- the basics of tax-exempt bonds and the range of financing tools available to state and local governments and affiliated entities,
- the importance of tax-exempt bonds in funding infrastructure projects and their role as investment vehicles, and
- legislative actions taken by Congress over the past 50 years impacting the tax-exempt market.
