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Long-Term Financial Planning Blog | Financial Planning and Elected Officials

I recently participated in a GFOA training course in Minneapolis. Two of the speakers were Betsy Hodges, a member of the City of Minneapolis City Council, and Patrick Born, the City's CFO. Minneapolis is a leading practitioner of long-term financial planning and Betsy and Pat spoke about the advantages of long-term financial planning for elected officials.

 

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GFOA Members Adopted Two New Policy Statements

At the GFOA’s annual business meeting on June 8, GFOA members adopted two new policy statements - “The GASB Should Not Set Standards for Fiscal Sustainability Reporting” and "Maintaining the Stable Net Asset Value Feature of Money Market Funds".  The policy statements may be found below:
 

GFOA's Generational Change Task Force Report

GFOA's Executive Board approves Generational Task Force Report. Final Formatted Version Now Available.

 

GFOA's Executive Board passes 12 Best Practices, 4 Advisories, and recommends membership approval of 1 Public Policy Statement

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GFOA American Recovery and Reinvestment Act (ARRA) Resource Center

A new recipient reporting period under the ARRA runs from July 1st to July 14th.  Reports may be submitted from July 15th to July 20th, but will be flagged as a late submission.  Learn more at www.FederalReporting.gov.

 

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Red Flag Rules - Enforcement Delay Extended Through December 31, 2010

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