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GFOA Membership Passes New Policy Statements and Elects New Executive Board at Annual Business Meeting on Tuesday, June 30, in Seattle, Washington

 

GFOA Members Receiving Stimulus Funds Encouraged to Read New OMB Reporting Guidance

Memorandum Discussing the New Reporting Guidance from the Office of Management and Budget

 

GFOA Launches Fiscal Stress Web Resource

Fiscal First AidThe GFOA's Fiscal First Aid Web resource contains treatments intended to help governments identify short-term solutions to budget balancing and avoid action that will have long-term negative ramifications.

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Significant Assistance Available for State and Local Governments in the Stimulus Bill – The American Recovery and Reinvestment Act

The American Recovery and Reinvestment Act (ARRA) provides funding to state and local governments through a series of grants and loans distributed by various federal agencies, or in the case of local governments, sub-allocated by the states.

 

How state and local governments can tap into the stimulus funds and bond programs

Information from federal agencies on specific allocations to local governments

IRS guidance on tax credit bonds, Build American Bonds, and Recovery Zone Bonds (updated June 23, 2009)

Comprehensive breakdown of stimulus funding (provided by the House of Representatives)

Overview of the ARRA

New information from federal agencies (updated June 12, 2009)

 

Congress Votes to Extend FDIC Coverage Changes - Implications for Government Investors

On May 19, 2009, Congress passed legislation extending the $250,000 Federal Deposit Insurance Corporation (FDIC) deposit insurance coverage limit through 2013. President Obama is expected to sign the legislation into law.

More information

 
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Government Finance Officers Association of the United States and Canada
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