Audit

The commission also approved an audit for the financially troubled Winston-Salem/Forsyth County School District.

Missouri auditor Scott Fitzpatrick released an audit report on St. Louis Public Schools, finding the district will run out of funds in fiscal year 2031.

The negative outlook affects about $1.1 billion in combined GO and lease revenue debt, according to Fitch.

Tardy annual financial audits could strip Texas cities of their ability to raise property tax rates under a state law that takes effect Sept. 1.

The wait for finished audits dropped across municipal sectors from 2022 to 2023, a new report says, but the median time is still higher in the long run.

The Internal Revenue Service is requesting documents from the Erie City Water Authority regarding a $36,320,000 issuance of Water Revenue Bonds Series D of 2019.

Illinois' Annual Comprehensive Financial Report for fiscal year 2023 recently passed the 600-day mark and is threatening to break California's lateness record.

Budget battles in the new administration will lean toward further cuts to the IRS budget.

The Office of Tax-Exempt Bonds has been staffing up, IRS officials said at the National Association of Bond Lawyers conference in Chicago.

Columbus' technology modernization push has embedded artificial intelligence functionality into its payroll, revenue and accounting and operations systems.