Finance
Secretary of State investigating campaign finance complaint from Douglas County resident over group supporting school funding measure
A Douglas County resident has lodged a criticism towards a bunch advocating for a faculty tax and bond measure, and state elections officers are actually investigating.
Tiffany Baker, of Parker, filed a marketing campaign finance criticism towards a difficulty committee referred to as Put money into DCSD that’s registered to foyer in assist of Douglas County poll points 5A and 5B.
The proposed $60 million mill-levy override would pay Douglas County College District lecturers and faculty workers extra, and the $450 million bond would construct new faculties and restore others.
The college board voted unanimously in assist of the measures — the primary time the deeply divided board agreed on one thing. Regardless of the unified entrance, the divisions stay, and battles which have performed out within the boardroom have left many residents with uncooked emotions.
The Secretary of State’s workplace reviewed the criticism and recognized “a number of potential violations of Colorado marketing campaign finance legal guidelines.”
The criticism alleges that Put money into DCSD accepted prohibited contributions through the use of an area fireplace station to marketing campaign for the measures, made an improper contribution to candidates within the 2022 election, and failed to incorporate required disclaimers on marketing campaign communications.
The Put money into DCSD chair and spokesperson stated that they’re working intently with the Secretary of State and have been advised {that a} violation might not have occurred.
“They’re nonetheless within the technique of reality gathering so we’re ready on them to request extra data. Sadly anybody can file a criticism whether or not there are deserves to the criticism or not,” stated Christa Gilstrap.
Put money into DCSD has till Nov. 10 to reply and adjust to the regulation.
Within the criticism, Baker offered Fb posts from Oct. 16 promoting an occasion hosted by Put money into DCSD on the Larkspur Hearth Station. Screenshots present the group inviting individuals to come back to the Oct. 20 occasion, promising that a lot of candidates operating within the election can be in attendance.
The publish said that the occasion was “hosted by native residents” and never coordinated with any candidate or marketing campaign committee.
Beneath marketing campaign finance regulation, utilizing authorities property for a political occasion associated to an area poll subject is a prohibited contribution. The criticism alleges Put money into DCSD did not return the contribution required by Colorado marketing campaign and political finance legal guidelines.
Baker additionally alleges the group made improper contributions to a lot of candidates within the November election by inviting them and promoting their presence on the marketing campaign occasion. Solely the attendance of GOP candidates, together with candidates for the state legislature and the clerk and recorder’s, assessor and sheriff’s workplace, was marketed on the publish.
A “paid for by” disclaimer assertion should seem on a marketing campaign communication when an individual spends $1,000 or extra in a single yr on election communications. The Fb posts didn’t function a disclaimer.
“I’d don’t have any drawback if the candidates merely confirmed up on the discussion board however I feel it’s incorrect for the 5A/5B poll committee to be selling partisan political candidates,” Baker wrote within the criticism. Baker stated the publish conveys the message that Douglas County voters who assist 5A and 5B ought to vote for these candidates. The Secretary of State stated the information alleged present Put money into DCSD might have violated marketing campaign finance regulation. It stated nevertheless, the difficulty committee has an opportunity to adjust to the regulation inside 10 days. Put money into DCSD can even dispute the allegations, and state officers should conduct a further overview inside 30 days.
Finance
NexPoint Real Estate Finance, Inc. Announces Series A Preferred Stock Dividend
DALLAS, Dec. 24, 2024 /PRNewswire/ — NexPoint Real Estate Finance, Inc. (NYSE: NREF) (the “Company”) today announced a dividend for its 8.50% Series A Cumulative Redeemable Preferred Stock (NYSE: NREF PRA) of $0.53125 per share. The dividend will be payable on January 27, 2025, to stockholders of record at the close of business on January 15, 2025.
About NexPoint Real Estate Finance, Inc.
NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its common stock and Series A Preferred Stock listed on the New York Stock Exchange under the symbol “NREF” and “NREF PRA,” respectively, primarily focused on originating, structuring and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties and common equity investments, as well as multifamily and single-family rental commercial mortgage-backed securities securitizations, promissory notes and mortgage-backed securities. More information about the Company is available at nref.nexpoint.com.
CONTACTS
Investor Relations
Kristen Griffith
IR@nexpoint.com
Media Relations
Prosek Partners for NexPoint
pro-nexpoint@prosek.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/nexpoint-real-estate-finance-inc-announces-series-a-preferred-stock-dividend-302339003.html
SOURCE NexPoint Real Estate Finance, Inc.
Finance
Stock market today: Nasdaq, S&P 500 edge higher ahead of Christmas break
US stocks opened higher to kick off the final, shortened trading session before the Christmas holiday. The benchmark S&P 500 (^GSPC) edged up about 0.2%, while the tech-heavy Nasdaq Composite (^IXIC) rose roughly 0.3%. The Dow Jones Industrial Average (^DJI) hugged the flatline.
Wall Street is looking to enter its Christmas break rejuvenated, after tech stocks including AI chip giant Nvidia (NVDA) led the march higher on Monday. Markets close at 1 p.m. ET today and are off tomorrow for Christmas Day.
Sizable gains on Friday and Monday have put the indexes back on the path toward their record highs, from which they took a Fed-fueled nosedive last week.
Wall Street is reassessing the path of interest rates next year as it grapples with the reality that the Fed mostly pulled off a so-called soft landing — but couldn’t fully shake the US economy’s inflation problem. According to the CME FedWatch tool, most bets are on two coming holds at the Fed’s January and March meetings, followed by a toss-up in May.
Meanwhile, many eyes continue to be trained on Nvidia, which saw a more than 3.5% gain on Monday. As Yahoo Finance’s Dan Howley writes, 2024 was Nvidia’s year, with the stock up some 180%. But 2025 could contain plenty of challenges.
LIVE 2 updates
Finance
China’s Finance Ministry Vows Greater, Faster Spending in 2025
China’s finance ministry reaffirmed it will increase public spending with a greater focus on boosting consumption to support the economy next year, ahead of growth headwinds from looming US tariffs.
China will “expand the magnitude of fiscal spending and accelerate the spending pace,” according to a statement published Tuesday following a two-day national conference held by the Ministry of Finance on fiscal work in 2025.
-
Business1 week ago
Freddie Freeman's World Series walk-off grand slam baseball sells at auction for $1.56 million
-
Technology1 week ago
Meta’s Instagram boss: who posted something matters more in the AI age
-
Technology4 days ago
Google’s counteroffer to the government trying to break it up is unbundling Android apps
-
News1 week ago
East’s wintry mix could make travel dicey. And yes, that was a tornado in Calif.
-
Politics5 days ago
Illegal immigrant sexually abused child in the U.S. after being removed from the country five times
-
News5 days ago
Novo Nordisk shares tumble as weight-loss drug trial data disappoints
-
Entertainment5 days ago
'It's a little holiday gift': Inside the Weeknd's free Santa Monica show for his biggest fans
-
Politics1 week ago
Trump taps Richard Grenell as presidential envoy for special missions, Edward S. Walsh as Ireland ambassador