Are there any regulations related to public financing, including borrowing?

Yes, in Kansas there are regulations related to public financing, including borrowing. The Kansas Legislature established the Public Finance Authority (PFA) in 2014. The PFA oversees the issuance of bonds, notes, and other financial documents for public entities, such as local governments, school districts, and other public bodies in Kansas. The PFA establishes regulations for the issuance and sale of bonds and other debt instruments, including eligibility requirements for bond issuers, the maximum amount that can be borrowed, and the types of debt that can be issued. In addition, the PFA works with local governments to develop public-private partnerships to fund large scale projects. Through these partnerships, private entities are able to provide funding for public projects, such as infrastructure upgrades and economic development, while the local government is able to benefit from the expertise and resources of the private partner. Overall, Kansas local governments have a number of financing options to fund public projects. Through the PFA, borrowing and public-private partnerships are regulated and monitored to ensure that local governments are able to access the best financing options available.

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