Government finance

The revision gives local governments an extra nine months to make changes under a new rule involving the treatment of leases.

GFOA is putting together a working group to address concerns about continuing disclosure in the municipal market, a topic increasingly discussed among stakeholders.

GASB Statement 91 calls for conduit issuers to stop reporting conduit debt in their financial statements and to report all of it in their accompanying notes starting Dec. 15, 2020.

Steven Gibson became president last year and is the deputy city manager in Rock Hill, South Carolina.

GFOA members also will elect five new members-at-large.

Lower gas prices, remote working, easy driving and new competition from ride-share companies are taking slices of the pie.

The Senate on Wednesday debated a $13.45 billion disaster aid bill that would require Puerto Rico to assume a local share of additional FEMA aid rather than the 100% federal share in a bill passed by the House.

Blockchain could benefit the muni market, but receives pushback in an industry historically slow to change.

Trump proposed $8.5 billion in cuts to the Department of Education and another $8.6 billion to the Department of Housing and Urban Development which would bring financial upheaval to school district budgets and public housing authorities.

The federal tax issue that is at stake in both audits involve the federal payments for the direct-pay subsidy.