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Balancing AI Innovation and Risk for Local Government Finance
In spring 2025, Jennifer Henderson, treasurer of Schleicher County, Texas, began seeing how generative AI could transform her work. While grappling with the manual, time-consuming calculations required under GASB Statement No. 87 (Leases), Henderson used AI-enhanced software to reduce the time spent accounting for the county’s equipment leases by two hours per lease.
Register by January 31 to Secure Early Savings
In 2026, GFOA celebrates 120 years of advancing public finance at its 120th Annual Conference, June 28–July 1, at McCormick Place in Chicago. Join thousands of professionals for more than 80 CPE-accredited sessions, inspiring keynotes, leadership training, networking, and a robust exhibit hall. This milestone event is the place to gain practical insights and engage in meaningful conversations about the future of public finance.
Awards for Excellence Winner: City of Grand Rapids, Michigan
Through its "GR PayIt" platform, the city streamlined how residents pay bills and interact with city services, creating a more accessible and efficient payment experience. Since launching the program, Grand Rapids has increased internet and mobile payments by 440 percent, with 85 percent of payments for water, refuse, property taxes, and parking tickets now collected electronically—improving customer service while strengthening treasury operations.
"No Tax on Overtime" FAQs Published
GFOA’s Federal Liaison Center team has published a new series of FAQs related to implementation of the new, temporary “No Tax on Overtime” deduction and the applicability of Fair Labor Standards Act requirements. Although the IRS has granted government employers with relief from separately reporting FLSA-qualified overtime in 2025, employers will need to begin accounting for deductible overtime in 2026 to meet statutory reporting requirements.
Upcoming Events & Deadlines
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Preparing an Annual Comprehensive Financial Report: A Detailed Walk-Through
Fri, January 9, 2026
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Apply for GFOA's Leadership Academy in Phoenix
GFOA’s Leadership Academy equips senior public finance professionals with the skills, confidence, and connections to lead in today’s complex world, building stronger leaders for stronger communities. Join us March 22–27, 2026, at Arizona State University in Phoenix for a week of interactive sessions, self-assessments, case studies, and leadership discussions designed to enhance both personal and organizational growth.
CPFO Spotlight
Celebrating December CPFOs
Join us in congratulating the following members who completed their certification journeys in December and are now Certified Public Finance Officers: Allyson Baker, CPFO, City of Allen, Texas; Sheila Briesch, CPFO, City of Edmond, Oklahoma; Eric Dubrowski, CPFO, City of Pekin, Illinois; Molly Elder, CPFO, City of Loveland, Colorado; Robert Howell, CPFO, City of Kingsport, Tennessee; Cindy Hui, CPFO, Silicon Valley Clean Water, California; Kelcee Mace, CPFO, Washington County, Maryland; Gary Potter, CPFO, Indiana Public Retirement System; and Daniel Sanchez, CPFO, Napa County, California.
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Be part of a powerful community of 26,000+ public finance professionals across the U.S. and Canada. GFOA’s inclusive, organization-based membership model makes it easier than ever to connect, learn, and grow—whether you’re representing a government agency or joining as an individual.
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Member Benefits
Membership in GFOA connects you to the tools, knowledge, and network you need to excel in public finance. Explore the valuable benefits below and see how joining our community can help you advance your skills, strengthen your organization, and make a greater impact in your community.
Networking
Spotlight on GFOA's Young Professionals Network
GFOA’s Young Professionals Network (YPN) encourages and promotes young professionals’ careers in public finance through education and networking opportunities. YPN is open to any active GFOA government member under 40 years old. This is a free member benefit with no additional fees or volunteer requirements. Spread the word! Invite colleagues to join this opportunity to collaborate and build skills with fellow young professionals.
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Awards
Our award programs recognize excellence in government finance.
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Best Practices
GFOA's best practices identify specific policies and procedures that contribute to improved government management.
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Rethinking Initiatives
We're taking a deep dive into budgeting, revenue, and financial reporting.
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Workforce Resources
Articles, research, and case studies to help governments now and in the future.
Publications & Subscriptions
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2024 GAAFR
The 2024 edition of the GAAFR is your go-to resource for the latest accounting rules and how to implement them.
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GAAFR Plus
Need more in-depth guidance in local government accounting, auditing, and financial reporting? GFOA’s GAAFR Plus offers important resources to help navigate the ever-changing world of public finance. Take advantage of this subscription today!