Struggling Local Governments May Get Help From the Private Sector
As their fiscal woes become worse, some government officials are looking more closely at public-private partnerships as a way to jump-start their economies.
One Chestnut Place, left, and a parking garage, right, are part of a public-private partnership in Quincy, Mass.Credit.M. Scott Brauer for The New York Times
By Miranda S. Spivack
Jan. 19, 2021
For state and local governments, the pandemic has brought financial gloom: Tax collections are down, public health expenses are up, and their infrastructure backlog is growing. Hope for swift relief from Congress was dashed late last year when the Senate refused to go along with a House plan to bolster state treasuries.