Finance
Finance is a fundamental concern for local and state government agencies, encompassing budget planning, revenue management, and fiscal responsibility. Effective financial management ensures that government operations are sustainable and resources are allocated efficiently to meet public needs. This directory offers articles on finance, including topics like Grants, which explore the processes and strategies for obtaining grant funding to subsidize the cost of programs and projects. It also includes articles on finance, which explores the processes and strategies for creating, managing, and adjusting government budgets to align with policy goals and economic conditions.
If it advances to the November ballot, voters would get the final say
Gov. Jim Justice initially allocated $100 million to maintenance of 95 roadways he calls “COVID-19 highways”
Council members say bargaining with the Seattle Police Officers Guild will delay layoffs until November
Teaming up with unions to bring about necessary pension changes, the mayor has been able to broker solutions to a structural deficit that had the city on the verge of bankruptcy. Read about the union concessions inside...
As Congress debates the issue of a federal minimum wage increase, numerous cities are taking action on their own. EG outlines these efforts and what, if any, progress is being made.
One city’s creative approach to economic development involved starting its own marijuana retail outlet. North Bonneville, Washington, is seeking to reshape its budget.
As part of an effort to garner new grant funding, Fayetteville, NC, has hired a new federal lobbyist and will share the service with both the regional chamber of commerce and the county. Read inside to see how the alliance was built.
With investors around the world looking to the U.S. property market, packaging vacant facilities as a portfolio may attract the money your city needs.
The city of Baltimore is teaming up with local grocery stores to provide additional food stamp benefits as well as nutrition classes to help the more than 30 percent of residents needing assistance with food purchases. Details inside...
A recent economics study of California’s medical marijuana policy since 1996 shows multiple lessons to be learned and what to expect behavorially from new rollouts in Colorado and Washington state.
By moving town employees to Health Savings Accounts from traditional health insurance provided by Blue Cross, Cumberland, RI, hopes to save $1M over the next three years
As Woonsocket, RI, looks to counter financial difficulties and current union negotiation difficulties, it is pushing to utilize on-call volunteer firefighters as part of a five-year plan to balance its budget. Details inside
A new study by the Rand Corporation shows solid evidence that incarceration costs drop dramatically when education programs are utilized in prisons. We link to the study and summarize results for you
Nashville, TN, recently adopted an ordinance that allows its park board to accept corporate sponsorship from private entities for facilities and events. Details of this and Montgomery County, MD’s sponsorship policy inside
After seeing annual pension costs balloon from $7M to $129M in less than 10 years, taxpayers are suing the city of Phoenix for its allowance of public safety employees to spike their pensions prior to retirement. Read inside for the details of the spiking specifics and how it is causing budget hardship
In an effort to foster the local economy and help turn around a lethargic community, Gary, Indiana, has taken the unique approach of selling vacant homes or abandoned property for just $1 to qualifying residents or businesses. We report on Gary’s and other cities’ efforts
A study details a path for communities to benefit from working with nearby higher education institutions. Learn about the outline methods, benefits and potential outcomes.
Cape Coral, FL, is attacking a rising pension and OPEB unfunded liability by negotiating reforms that will require one-time bonuses for its employees. Read inside for the details
The City of Warwick, RI, recently had its bond rating downgraded with one of the primary causes being its unfunded pension liability. Details of Moody’s Investors Services findings inside
