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Trending Research: Three Forces that Reshaped Lease Reporting in Newport Beach

This new report provides a case study of the City of Newport Beach, California. It shows how a thoughtful approach to materiality can reduce workload, improve efficiency, and maintain transparency while successfully addressing materiality decisions with auditors. 

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Don't Miss the Biggest Public Finance Event of the Year

Are you ready for GFOA’s 120th Annual Conference? Join us June 28–July 1 in Chicago, Illinois, for more than 80 sessions covering everything from foundational best practices to advanced strategies and emerging issues in public finance. Add in unparalleled networking, leadership workshops, and inspiring keynotes, and this is a conference you don’t want to miss.

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Climb Higher at GFOA's Best Practices Forum

Join us virtually September 28–October 2 for a week of essential insights across all areas of public finance. Featuring nine sessions and up to 18 CPE credits, this program delivers practical strategies, real-world case studies, and interactive exercises to help you strengthen financial management. Explore key best practice topics including accounting, budgeting, debt management, treasury and investments, capital planning, procurement, risk assessment, and leadership.

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"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. 

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Upcoming Events & Deadlines

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CPFO Spotlight

Rachelle Matthews

Rachelle Mathews, director of finance for the City of Lawrence, Kansas, pursued the CPFO designation as a natural extension of her long-standing engagement with GFOA and commitment to professional growth. With a strong foundation in investment management and accounting, she viewed the program as an opportunity to deepen her expertise, broaden her perspective, and bring greater value to her city and team. The CPFO journey strengthened her confidence as a financial leader and enhanced her ability to champion sound fiscal stewardship—helping her make more informed, strategic decisions that benefit both her organization and community. 

Learn more Start your own CPFO journey

Membership

  • Join GFOA

    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.

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Networking

Join the Urban Forum

The Urban Forum is one of GFOA’s Affinity Groups—a free member benefit for public finance professionals working in urban governments, including cities, metropolitan counties, and other complex jurisdictions. Connect with peers who understand the realities of urban public finance by exchanging ideas in a dedicated online community, participating in virtual networking events, accessing a member newsletter, and engaging in upcoming educational webinars. There are no volunteer requirements—just opportunities to learn, share, and grow. Join today to start connecting and contributing, and sign up for the Urban Forum networking event on May 7.

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Alliance for Smarter School Spending Black Caucus LGBTQIA+ Caucus Small Government Forum Urban Forum Utility Finance Forum Women’s Public Finance Network Young Professionals Network Member Forums

Additional Resources

  • 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.

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Publications & Subscriptions

  • 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!

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