In the blink of an eye, key State and Local Fiscal Recovery Fund (SLFRF) deadlines are approaching. SLFRF recipients have until December 2024 to obligate SLFRF allocations and until December 2026 (September 30, 2026 for Surface Transportation and Title 1 projects) to spend them. In the meantime, the annual reporting deadline

Since 2021, we’ve been hearing about Safeguarding Tomorrow Revolving Loan Fund (RLF), a program designed to help communities address vulnerabilities to natural hazards and disasters attributed to climate change. Eligible communities in New York may benefit from the program starting later this year. From February to April of 2023, states,

Last updated on January 25th, 2024Last September, the Governmental Accounting Standards Board (GASB) issued a proposal to require certain types of capital assets be disclosed separately for purposes of note disclosures and certain assets to be classified as “held for sale.” Stakeholders have been reviewing the proposal and comments were

Last updated on December 22nd, 2023It has been almost a year and a half since GASB 101 on compensated absences was issued to  standardize how compensated absences are recognized, measured and disclosed. It takes effect for fiscal years beginning after December 15, 2023, although earlier application was encouraged. As a

When the 2024-2025 budget season gets underway, be sure to account for increases in New York State and Local Retirement System (NYSLRS) employer contribution rates. The NYSLRS is made up of the Employees’ Retirement System (ERS) and the Police and Fire Retirement System (PFRS). The two systems pay retirement and

If your municipality wants priority consideration for a number of New York State discretionary funds, it has to obtain Pro-Housing Community Certification. Although attempts to gain support of affordable housing initiatives in New York faltered earlier this year, Governor Hochul remains committed to boosting affordable housing by 800,000 units within

If you’re reading this, I’m guessing I don’t need to tell you about the many challenges municipalities face when it comes to attracting and retaining employees. So, let’s get right to it – what can you do to enhance efforts to compete for and win talent today? While there are

Well, I don’t think we have to take up time convincing anyone that cybercrime is increasing and municipalities are attractive targets (after healthcare and education, local government is the most frequent target for cybercriminals, according to KnowBe4.com). What is mind-boggling is that the threats have morphed from being attributable to