Municipal Finance Data Forum Midwest

9:00 AM ET Thursday, October 3, 2019
XBRL US Meeting || Northern Illinois University, Naperville Campus, 1120 E. Diehl Rd, Naperville, IL
Register for Free Event


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 Member Presents at Data Coalition Event on Federal Data Strategy

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]


California Senate Bill 598 Moves to Assembly

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 Moves to State Assembly Committee

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]


California State Senate Unanimously Passes Open Financial Statements Act (SB 598)

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]


AGA Article: Building Momentum, Preparing for XBRL in Government

Members of the XBRL US State & Local Government Disclosure Modernization Working Group authored the article “Building Momentum, Preparing for XBRL in Government” which appeared in the Spring 2019 edition of the Association of Government Accountants (AGA) Journal of Government Financial Management. From the article: XBRL, or eXtensible Business Reporting Language, provides advanced search capabilities with […more]


California Senate Bill 598 Passes 2nd State Committee (Senate Government Organization Committee)

SB 598, a bill introduced in California by Senator John Moorlach, was passed unanimously through the Senate Government Organization Committee. This is the second state Senate committee that has unanimously passed this bill which will go to a final vote before September 13. The bill calls for the creation of the Open Financial Statement Commission, consisting […more]


California Senate Bill 598 Passes State Committee on Governance and Finance

The original bill, SB 598, which was introduced by Senator John Moorlach, has been amended to eliminate the mandate for XBRL, but it continues to include the creation of a 9-member commission to write a report to the legislature recommending further action towards the use of Inline XBRL for state and local government financial filings. […more]


State of Florida Publishes RFP to Build XBRL Taxonomy for Municipal Reporting

In March 2018, the state of Florida passed HB 1073, legislation requiring the use of XBRL for municipal financial reporting. On April 1, the Request for Proposal was issued. Read the RFP.