HeyJaredCraig S. Maher
- Indexed articles, last 90 days
- 4
- Latest publication
- Sep 8, 2026
- Outlet visibility, for Governing
- Top 500K sites
- Earliest in this view
- Jul 14, 2026
Latest articles
When the Family Farm Becomes the Tax Bill (opens the original)
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At Illinois’ 2026 average farm real estate value of $9,250 an acre, 500 acres and their agricultural buildings carry a gross value of about $4.6 million. That puts the property above Illinois' current $4 million estate-tax exclusion, before machinery or stored grain are counted. Illinois lawmakers have a live proposal aimed at that problem: Companion House and Senate bills that have the support of Gov. JB Pritzker would, among other provisions, create a $6 million exemption for qualifying farm p
The Neverending Impulse to End Muni Bonds’ Tax Exemption (opens the original)
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Ask a room of finance officers what the federal tax exemption on investors’ municipal bond earnings is worth to their state or local government and you will get a version of the same answer: a lot. Ask what it is exactly worth in dollars, on their last issuance and over the life of that debt, and the room will probably go quiet.That gap is easy to live with right now because the immediate congressional pressure to repeal the exemption has eased. The people who lobby hardest to protect it say the
A Fiscal Year Built on Assumptions Already Under Stress (opens the original)
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On July 1, 46 states and the vast majority of the nation’s local governments turned the page to a new fiscal year. In most years this moment passes quietly: Budgets are adopted, appropriations load into the financial system and finance officers shift from planning to execution. This year deserves closer attention, however, because the budgets now taking effect were built on assumptions that were under strain before the ink dried.Consider what state budgets look like in aggregate. According to th
The Government Financial Report Is Changing. Here’s What Matters. (opens the original)
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Ask most elected officials what is in their government’s annual financial report and the answer is usually some version of: not much. The document — formally called the annual comprehensive financial report (ACFR) — arrives after the fiscal year ends, runs to dozens or hundreds of pages and is written in accounting language that most governing bodies never engage with.Yet the ACFR is the single most complete picture of a government’s fiscal health. It contains audited fund balances, long-term de
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