Federal Budget cuts have led to additional strain on state and local governments
- The Federal Deficit is on the rise, which will likely lead to further cuts
- Long term investments, like health care and education, are being deferred
- Long term liabilities, like pension programs and retiree benefits, are not adequately funded
Traditional financing is limited or unavailable
- Priority public infrastructure and capital needs far exceed budget capacity
- Projects are deferred because of budget limitations and concern for costs
- Raising local taxes is not a politically viable option
For many governments, public bond financing is not financially possible or prudent —
Financing through Primum Public Realty Trust provides options to state and local governments that
- Need to fund essential projects necessary to spur economic growth and neighborhood revitalization or to rehabilitate, or
- Replace government-owned real property assets that are inadequate, deteriorating or obsolete.
Find out More about Primum's solutions at Benefits of Primum.
