Congressional Efforts Underway to Reintroduce Onerous Pension Reporting LegislationOn February 25, 2013, Congressman Devin Nunes (R-CA) indicated his intention to reintroduce his proposed “Public Employee Pension Transparency Act,” and he circulated a “Dear Colleague” letter to his fellow House members, seeking their co-sponsorship. Past versions of the PEPTA legislation have challenged the validity of current state and local accounting rules and practices and would have mandated inappropriate federal reporting requirements on state and local governments regarding their pension costs. The newly introduced bill will likely be identical to the PEPTA legislation that Rep. Nunes sponsored in the last Congress. GFOA members are encouraged to contact their Congressional representatives as soon as possible to urge them not to co-sponsor this harmful and unnecessary federal regulation of public pension plans. Click here for more information. |
Check Out the GFOA’s Model for Self-Assessment of the Finance FunctionHow effective is your jurisdiction's financial management? The CIPFA GFOA FM Model can help you find out. This powerful tool, created by the GFOA's U.K. counterpart, the Chartered Institute of Public Finance and Accountancy, and customized for U.S. and Canadian governments by the GFOA, will help your organization achieve high performance in financial management. Learn More Redmond, Washington, Assesses Its Financial Management Capabilities |
GFOA White Paper Defines Zero-Base Budgeting in Current PracticeZero-base budgeting (ZBB) is a budgeting process that asks managers to build a budget from the ground up, starting from zero. However, ZBB has been the subject of some controversy over the years, owing primarily to questions about the value ZBB analysis provides, in light of the costs incurred to putting ZBB into practice.
The goal of this paper is to define what ZBB means in current practice, describe the uses of ZBB, help public officials have a conversation in their organizations about the value of ZBB, and explore the important alternatives to ZBB.
Read now |
GFOA White Paper Gives Tips for Containing Health Care Costs
The cost of employee health-care benefits has increased rapidly over recent years, contributing to the budgetary stress that governments are already facing as a result of declining or stagnant revenues and escalating costs in other areas. |
|
Read more...
|
GFOA Provides Online Resource for Jurisdictions Recovering from Financial DistressThe GFOA’s recently released online resource was designed to help public officials cope with budgetary difficulties and ultimately improve the financial health of their governments. |
|
<< Start < Prev 1 2 Next > End >>
|
