How to score parks & rec bonds in a challenging economy
When it comes to the economy, 2024 has been a confounding year. There has often been positive news, but elevated interest rates have held steady, and the costs of everyday goods and services remain stubbornly high. Persistent inflation has forced many families to choose between wants and needs, with many wants falling by the wayside.
As voters become wallet-weary, they’re also growing more reluctant to support municipal bonds that fund local government projects. That’s a major concern for parks and recreation departments.