Finance

GASB Statement No. 103, Financial Reporting Model Improvements, officially issued by the Governmental Accounting Standards Board (GASB) in May 2024, is not just another bureaucratic accounting update. For fire unions, public safety unions, and municipal employees, this standard—effective for fiscal years beginning after June 15, 2025—is a critical tool for ensuring transparency, accountability, and the long-term solvency […]

GASB Statement No. 96 (SBITAs) is a standard issued by the Governmental Accounting Standards Board to improve how governments report subscription-based IT arrangements—think cloud software, SaaS platforms, and similar contracts. Effective for fiscal years beginning after June 15, 2022, GASB 96 brings these agreements onto the balance sheet, increasing transparency and consistency in financial reporting.

Municipal governments manage large and complex datasets spanning finance, infrastructure, public safety, and citizen services. Leveraging a modern analytics platform like Power BI enables cities to convert this data into meaningful insights that support better governance and service delivery. Enhanced Data Visualization Power BI transforms raw data into interactive dashboards and visual reports, making it

Municipal finance departments play a crucial role in managing local government budgets, ensuring financial transparency, and facilitating the delivery of essential services to citizens. However, a significant challenge faced by many municipalities today is the lack of experienced staff. This shortage of skilled personnel has far-reaching implications, both for the efficiency of financial operations and