Bond Intelligence is on the mission to level the playing field in the Municipal Bond Market. We are building in-depth financial transparency profiles for every municipality in America. We have already built 1000+ municipal financial transparency profiles. A Means to Improving Citizen Trust in Government. Bond Intelligence not only provides transparency and accountability but also […more]
Aquorn, Inc. created 1812, a cloud-based debt administration platform for public agencies to manage, report and analyze debt-related information. Designed to specifically address the unique challenges of managing a municipal debt program, the platform models and provides reporting on the many specialized cash flows unique to public debt, maintains active and historical records of service […more]
Government agency representatives, municipal analysts and investors, software providers, and other users of state and local government data are invited to review and comment on the data standards developed to represent sections of the Consolidated Annual Financial Report (CAFR). This is a revised Demonstration Release (Version 0.2), to illustrate how data standards can be created […more]
On September 10, 2019, California Senate Bill 598 was presented in the California Assembly and passed with a vote of 64-0. SB 598 calls for the enactment of the Open Financial Statements Act, which would establish the Open Financial Statement Commission, a 9-member commission in the Treasurer’s office. The commission will be tasked with contracting […more]
Hear public sector and financial data standards experts discuss how standardizing reported data can improve the efficiency of disclosures by U.S. state and local governments.
Seating at this complimentary event is limited and advanced registration is required.
Sunlight Foundation Article: California, Florida Leading the Way to Local Government Fiscal Transparency
Marc Joffe, Senior Research Analyst at the Reason Foundation, and Chair, XBRL US State & Local Government Working Group, authored an article published by the Sunlight Foundation, where he noted: “In May, the California State Senate passed SB 598, the Open Financial Statements Act. The vote was an important milestone on the way toward opening up […more]
XBRL US sole practitioner member, Liz Sweeney, presented her views to the White House Office of Management and Budget during a July 8, 2019, Data Coalition event, held in Washington, DC, noting: “I believe that encouraging adoption of financial reporting standards for state and local governments would create synergistic benefits within the federal data strategy. Specifically, […more]
The California State Assembly, Committee on Local Government, unanimously (8 to 0) approved SB 598, the Open Financial Statements Act. If signed into law, this bill requires the creation of the Open Financial Statements Commission, a 9-member commission in the State Treasurer’s office, comprised of a representative from the Controller’s office, a representative from the […more]
California Senate Bill 598 is now moving to the State Assembly and will be considered in a hearing of the Local Government Committee on June 19, 2019. XBRL US has submitted a second letter of support to this committee based on the current version of the legislation. Read the letter: XBRL US Supports SB 598 June […more]
The California State Senate unanimously passed Senate Bill 598, the Open Financial Statements Act. The bill would establish a 9-member commission called the Open Financial Statement Commission in the Treasurer’s office. The commission would be tasked with contracting with vendors to build taxonomies suitable for public agency financial filings and create a software tool that enables […more]