GFOA

The online NGA meeting is the latest in a string of conferences that have been moved to the web this year because of the COVID-19 pandemic.

The House is expected to pass a $1.5 trillion dollar infrastructure package, mostly along party lines, while a bipartisan Senate bill to restore advance refunding may build momentum in that chamber.

Despite criticism, the Municipal Securities Rulemaking Board said the calculator will help track the timeliness of secondary market disclosures.

Exclusive coverage of the GFOA debt committee meetings and virtual panels conducted throughout May and June.

Municipalities tend to face challenges when calculating their net investment and capital asset calculations, accountants found.

A sticking point for dealers is the MSRB's proposal to reserve two seats on its board for municipal advisors.

The SEC has asked for more timely, voluntary disclosure from issuers of municipal bonds.

The Financial Stability Board issued a statement April 2 affirming that it is sticking with plans to transition away from Libor by the end of 2021.

Issuers say the Treasury's intent was to open up COVID-19 funds for public safety costs.

GASB has announced that the requirement for the use of GASB 87 standard for lease accounting has been pushed back to fiscal years beginning June 15, 2021.

GFOA considers a minimum baseline level of reserves to be 16%.

First finance officer from a K-12 school district to serve as GFOA president had to deal with coronavirus fallout.

GFOA will be launching a new online learning-management system by the end of the year to connect its members.

The GFOA is advocating for federal funding for special districts, which have not received any specific funding.

The MSRB also said more municipalities have begun referencing CARES Act loans in their disclosures.

Kent Hiteshew, who was recently hired by the Fed to help with the municipal market, said the Municipal Liquidity Facility opened Monday.

The co-chair of the House Municipal Finance Caucus also predicted the cost of the $3 trillion HEROES Act will be negotiated downward.

The $3 trillion plan doesn't allow advance refundings or reinstate Build America Bonds

Market participants want the Fed to get the program up and running by the end of this month.

More than four out of five states needed supplemental appropriations, rainy day funds or fiscal reserves to meet coronavirus challenges.