GFOA Virtual Training Conference

Sign up to attend sessions on familiar core topics like accounting, budgeting, treasury management, and debt. The Virtual Conference will also provide programs to bring you the tools and skills you need to steer your jurisdiction through the pandemic. The sessions will be streamed May 18–June 26, 2020, and will feature leading practitioners, recognized industry … Read more

HdL Consensus Forecast

Swift reaction to the COVID-19 pandemic by government leaders, consumers, and businesses has caused a sudden and substantial decrease in spending on certain taxable goods and services. National and state responses to COVID-19, combined with uncertainty as to the duration and scope of related economic disruption, make revenue projections during this unprecedented time especially challenging. … Read more

UMB Market Update

UMB Market Update Municipal Market Data (MMD) yields decreased 25 to 43 basis points across the curve during the week of April 6, extending a rally that started the prior week. Attractive muni/treasury ratios and three weeks of light primary market supply helped to attract a broad range of buyers. In total, $4.98 billion of … Read more

GASB Proposes to Postpone Effective Dates of Certain Pronouncements

Norwalk, CT, April 15, 2020—The Governmental Accounting Standards Board (GASB) today proposed to postpone the effective dates of provisions in almost all Statements and Implementation Guides due to be implemented by state and local governments for fiscal years 2019 and later.

In light of the COVID-19 pandemic, the Exposure Draft, Postponement of the Effective Dates of Certain Authoritative Guidance, is intended to provide relief to governments. The proposal would postpone by one year the effective dates of provisions in the following pronouncements:

Read moreGASB Proposes to Postpone Effective Dates of Certain Pronouncements

Your Direct Contact at TMRS

Dear GFOAT Members, Due to these challenging times of COVID-19, TMRS is keeping you, your employees, and your community in our thoughts and prayers.  I’d like to remind you that you have a contact at TMRS – me.  I’m available to assist you and your employees with any TMRS questions and issues anytime. TMRS is … Read more