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Managing Cyber Risks in Local Government

Local governments are attractive targets for cybercriminals because they often have limited network security and manage large amounts of sensitive data, including tax records, voter information, health data, and employee Social Security information. Our updated Cyber Risk Savvy research highlights how governments can be smart customers of cyber insurance.

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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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Secure Early Discount Savings for #GFOA2026

Don’t miss your chance to save—register by January 31, 2026, for GFOA’s 120th Annual Conference, June 28–July 1, 2026, at McCormick Place. Celebrate a milestone of innovation, excellence, and thriving communities while connecting with thousands of finance professionals from across the country and beyond. The upcoming conference will feature 80+ CPE-accredited, peer-led sessions, dynamic keynote presentations, leadership development opportunities, and more.

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Application Deadline for Academic Scholarship is December 31

Each year, these scholarships support undergraduate and graduate students who aspire to careers in state, provincial, or local government finance. We offer 11 scholarships across five categories totaling more than $100,000. If you’re studying government finance, public service, governmental accounting, or public administration, please apply.

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Upcoming Events & Deadlines

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  • GAAP Update logo.

    2025 Annual Governmental GAAP Update December Encore

    Wed, December 17, 2025

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  • Government-wide Financial Statements, Conversions and Consolidations

    Thu, December 18, 2025

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  • Preparing an Annual Comprehensive Financial Report: A Detailed Walk-Through

    Fri, January 9, 2026

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  • New Member Welcome Webinar

    Fri, January 9, 2026

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  • GAAP Update logo.

    2025 Annual Governmental GAAP Update January Encore

    Tue, January 13, 2026

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CPFO Spotlight

Catherine Latimer

Catherine Latimer, chief of staff for the County of Henrico, Virginia, Division of Fire, pursued the CPFO certification to broaden her financial expertise beyond budget development and gain a deeper understanding of the full spectrum of public finance. Leading a finance team, she also wanted to set an example of lifelong learning, an effort that has already inspired one of her team members to enroll in the program and make significant progress. Working through the certification helped her connect the dots across disciplines, giving her a more holistic perspective that strengthens the strategic conversations she supports in her current role. 

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

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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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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