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.

The mayor also proposed a hiring freeze on new officers next year until a new plan is developed “reflecting community priorities for public safety”
For San Antonio Equity Manager Jonathan Butler, a budget is a “moral document,” allowing cities to strategically improve outcomes for those who are worse off
Arts and cultural organizations have experienced nearly $7 billion in losses due to the pandemic, which does not bode well for communities
How did Gloucester, MA, perform an $8.6 million turnaround? Read inside the details of Mayor Carolyn Kirk’s efforts to move the city from negative to positive free cash while also creating a new team first environment that produced immediate results.
A new rooftop farm on a downtown parking garage in Vancouver, BC, is providing new revenue for the city while producing locally grown vegetables for restaurants and residents. Inside you’ll learn how the city got market rates for the space and see an action plan for the project.
Gov1 regularly tracks privatization and outsourcing developments around the country, and our latest update includes initiatives related to trash collection, graffiti cleanup, parking, and more
An arbitrator ruled in favor of Allentown, PA, allowing cuts to manning, overtime sick leave pension calculations, and salary raises, potentially leading to millions of dollars in savings. Learn about the coming changes there and in other cities, as well as links to key documents outlining reforms in cities around the country.
The city of Austin, Texas, recently completed an analysis of the costs to bring hundreds of workers in-house. And the prices were staggering. Inside are all the details, costs, and a copy of the actual report.
To save money, the town of Gilbert, Arizona, moved most employees from a five-day work week to a four-day week. One year later, the response has been favorable. Inside are details, research, and savings, as well as fact sheets, implementation plans, and agreements you can use as a template for your employees and unions.
More than 100 cities in California have united to launch the nation’s largest “PACE” program, which will provide innovative financing for clean energy and water upgrades in commercial buildings. Details, action items, contacts, and more are inside.
Leaders in Martinsburg, West Virginia, are looking into whether they can find a sponsor to help pay for electric car-charging stations. The incident illustrates how cities are increasingly looking to private sources to fund projects. Details and other examples from around the country are inside.
The city of Dallas, Texas, recently completed a total compensation review, which compared the salaries of city employees with other municipalities, as well as the private sector. Inside we outline key comparative data on salaries, benefits, healthcare costs, and more.
A simple step taken by a compliance manager in Ocala, Florida, has generated over $160,000 in old utility debt for the city. Inside are details, and steps your city can take to replicate the windfall.
North Haven, Connecticut, is tackling its rising pension costs by moving new police officers to a 401k plan. It also plans to reduce health care costs and bring other municipal employee unions into the same plan. Details and examples of similar moves in other cities are inside.
New York State is considering whether “control boards” should automatically supervise municipalities that fail certain financial strength tests. Details, statistics, and key questions regarding “the state’s role” are inside.
In an exclusive Guest Column, Ohio State Controlling Board President Randy Cole provides insights, experiences, and lessons on “shared services,” including three
The experience level of your city’s staffers could be a contributing factor in the amount you spend on legal fees. Also, poorer cities typically spend more than richer ones on legal services. Inside we provide details, data, and recommendations for cutting costs.
Lincoln, Nebraska, and other cities are considering the issuance of “TIF” bonds to those who would redevelop areas of the city. We review just what TIF bonds are, how they work, and where they’re being utilized. All that, plus research and more, is inside.
The city of Ft. Lauderdale, Florida, is thinking about borrowing nearly $300 million to shore up its pension funds and reduce budget expenses. Inside, we walk you through the ins and outs of “pension obligation bonds,” and show why they tend to be very bad bets.