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
Tax revenues are slowing. Spending is up. Talk of an economic downturn continues, with a lot of speculation about when, how intense, and how long. What does all of this mean? Let’s take a look. Starting with the NY State Budget In May, New York State Comptroller Thomas DiNapoli released
Now that the debt ceiling crisis has been averted, there’s time to focus on other things – like upcoming funding opportunities through the Mid-Hudson Momentum Fund and regional economic development councils (REDCs). With July 28 at 4 p.m. as the deadline for both, here’s what to know and do… New!
New York has a 2024 Fiscal Year Budget! It comes to $229 billion, a $7 billion increase over last year. After scouring numerous articles to learn more, the main things I walked away with are that there will be a minimum wage increase; no new personal income taxes; no gas
As the six-month anniversary of the passing of New York’s Environmental Bond Act approaches, two questions come to mind: “How much progress has been made?” and “What’s next?” In November of 2022, the $4.2 billion Environmental Bond Act was overwhelmingly approved by New York voters to promote water quality, reduce
Early this year, Governor Hochul introduced the New York Housing Compact, a strategy to build 800,000 new homes in the next decade to address the state’s affordable housing shortage. While it will take some time to see where everything lands, a big question remains: Will the Housing Compact address the
After working with multiple New York-based municipalities year after year to close their books and prepare for what’s next, RBT CPA experts have identified seven key questions you should answer to help ensure a smooth process. Does your interfund activity agree? Interfund activity is the financial interaction between a government’s
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