Committee On Governmental Debt Management (DEBT)

The GFOA Committee on Governmental Debt and Fiscal Policy promotes sound financial practices for local, state, and provincial governments. The Committee works on best practices, actively engages with participants in the market to help develop guidelines and updates for its members, and monitors legislative and regulatory activities that impact the ability of state and local governments to continue borrowing in a cost effective manner.

During the past year, the GFOA Committee on Governmental Debt and Fiscal Policy has undertaken projects and addressed a number of important policy issues with the objective of promoting sound financial practices for local, state, and provincial governments. The Committee continued its work on best practices, actively worked with participants in the market to help develop guidelines and updates for its members, and monitored legislative and regulatory activities which would impact the ability of state and local governments to continue borrowing in a cost-effective manner.

GFOA's Committee on Debt Management is one of seven standing committees. Other GFOA committees include:

• Auditing, Accounting and Financial Reporting Committee
• Committee on Governmental Budgeting and Fiscal Policy (BUDGET) 
• Committee on Canadian Issues (CCI)
• Committee on Economic Development and Capital Planning (CEDCP)
• Committee on Retirement and Benefits Administration (CORBA)
• Committee on Treasury and Investment Management (TIM)