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								    <!-- Change Month -->
								  <B>February 2003</B>
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                                    <P><IMG SRC="/services/gfr/archives/2003/02/gfr0203.jpg" WIDTH="200" HEIGHT="257" BORDER="0" ALT="GFR Cover">
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                                  <TD VALIGN="TOP" BGCOLOR="#999999" ALIGN="CENTER"><B>Departments</B></TD>
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                                    <P> <B>NEWS BRIEFS</B><BR>
                                      <BR>
                                      <B>FEDERAL FOCUS</B><BR>
                                      'Security' Continues to Dominate Congressional Agenda
                                    <P><B>FISCAL AND ECONOMIC INDICATORS</B><BR>
                                      Study Shows Severity of State Fiscal Stress</P>
                                    <P><B>BOOK REVIEWS</B></P>
                                    <P><B>FROM THE LIBRARY</B></P>
                                    <P><B>CALENDAR</B></P>
                                    <P><B>COMMENTARY</B><BR>
                                      Recession Triggers Bitter Federal System Conflict</P>
                                    <P ALIGN="RIGHT"><B><A HREF="/services/gfr/gfr-archives.shtml">GFR 
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                        <H3><B>Articles 
                        In This Month's Issue </B></H3>
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                            <TD><A HREF="/services/gfr/archives/2003/02/gfr0203.pdf" TARGET="_blank"><B>Performance Measure Certification in Maricopa County</B></A><BR>
                              <I>A key component of Maricopa County&#146;s managing for results initiative, performance measure certification is inspiring confidence in the reliability of reported performance information.</I><BR>
                              <FONT COLOR="#FF0000">Ross L. Tate</FONT>
                              <P><B>Inflation-Indexed Bonds: A Primer for Finance Officers</B><BR>
                                <I>The hedging and diversification features of inflation-indexed bonds makes this relatively new investment instrument<BR>
                                worth considering for public investors.</I><BR>
                                <FONT COLOR="#FF0000">Margaret Stumpp and Robert Tipp
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                              <P><B>Financing Energy Efficiency Projects</B><BR>
                                <I>Postponing the installation of energy saving equipment can be an expensive decision. This article shows how the cost<BR>
                                savings resulting from increased energy efficiency can be used to finance the needed equipment.</I><BR>
                                <FONT COLOR="#FF0000">Neil Zobler and Katy Hatcher
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                              <P> <B>Are State and Local Revenue Systems Becoming Obsolete?</B><BR>
                                The economy's changing structure is threatening the revenue productivity of state and local government tax systems.<BR>
                                <FONT COLOR="#FF0000">Robert Tannenwald
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                              <P><B>The Unfunded Mandate Reform Act: Working Well for No Good Reason</B><BR>
                                <I>Despite relatively weak procedural requirements and several loopholes, the Unfunded Mandate Reform Act is proving to be an effective impediment.</I><BR>
                                <FONT COLOR="#FF0000">Janet M. Kelly</FONT></P>
                              <P><B>Tackling Rising Health Care Costs</B><BR>
                                <I>Exploding health care costs are exacerbating the budget difficulties of state and local governments. While there are no quick fixes, governments can pursue a number of strategies to address the systematic causes of health care inflation.</I><BR>
                                <FONT COLOR="#FF0000">Sanford M. Barth</FONT></P>
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