Stronger Bonds
Stronger Bonds is a podcast that explores the important and sometimes complex topics that local governments and businesses face daily.
In each short, digestible episode, Ray Jones and Emily Luther, seasoned attorneys at Parker Poe, will have an honest, unfiltered conversation on a specific issue - whether that's financing, taxes, infrastructure, economic development, or more. It'll be just like sitting in on one of our chats at the office.
We have a passion for building relationships and helping clients solve problems. That's what inspired the name "Stronger Bonds" - it represents the bonds we form and the bonds used to finance projects that move communities forward.
So join us as we break down intricate subject matter in an engaging, accessible way. We'll give you the 30,000-foot view and arm you with practical knowledge you can use. Be sure to tune in and reach out with any topics you'd like us to cover.
Thanks for embarking on this podcast journey with us!
Simple Conversations about Complex Topics
Stronger Bonds
Installment Purchase Revenue Bonds
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In this episode of Stronger Bonds, hosts Ray Jones and Emily Luther delve into the complexities of Installment Purchase Revenue Bonds (IPRBs), a flexible financing tool for local governments. They discuss the mechanics of IPRBs, the role of nonprofits in facilitating these bonds, and the impact of recent legislative changes on their use. The conversation highlights the benefits and challenges of IPRBs, emphasizing their importance in funding essential community projects while navigating the intricacies of local government financing.
Key Topics:
- The critical difference between IPRBs and general obligation debt, and why nonprofits are central to this process
- How local governments can use revenue sources beyond property taxes—like development fees, hospitality taxes, and even infrastructure impact fees—to make installment payments
- The market’s view of IPRBs, their cost relative to traditional bonds, and why they aren’t just "cheaper" or a loophole
- Legislative tweaks: what recent bills could mean for this flexible financing tool and your community’s growth plans
- Real-world examples of cities using IPRBs for projects that serve development, all while preserving borrowing capacity for emergencies and essential infrastructure
Link to Senate Bill 891: https://www.scstatehouse.gov/sess126_2025-2026/bills/891.htm
Parker Poe - Government & Municipalities
Do you have a question, a topic idea, or a request? Please email us at StrongerBonds@parkerpoe.com.
Stronger Bonds is recorded and produced by Robby Woodard.
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