Items tagged with "municipal finance"

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]

Municipal Finance Data Forum

10:00 AM ET Wednesday, April 24, 2019
XBRL US Meeting || District Offices, 1025 Connecticut Avenue NW
Watch / listen to event

Financial Revolutionist Article on Standards for Municipal Market Disruption

On October 5, Marc Joffe of the Reason Foundation published an article on Financial Reporting Standards Can Foster Municipal Market Disruption  in the Financial Revolutionist. Below is an excerpt from the article: “While fintech start-ups are disrupting many financial markets, the US municipal bond market has been largely left behind. As a result, the $3.9-trillion muni […more]

The coming data revolution in public finance.

Axios Advisors’ Triet Nguyen published an article on how financial data standards can impact municipal reporting: The “stodgy” municipal market is on the verge of a Big Data revolution, driven by rising support for adoption of iXBRL, a machine-readable financial reporting standard, and an increasing need for ESG-related data. Read the full article.

Reason Foundation Article on XBRL US State & Local Govt Initiative

On August 17, Marc Joffe of the Reason Foundation published an article on Making Government Documents Searchable and Machine-Readable to Improve Transparency and Accountability which states: “In Florida, and nationally, Reason Foundation is working to improve the accounting transparency of state and local governments by seeking the mandatory disclosure of government financial documents in a machine-readable […more]

XBRL US State & Local Govt Working Group Sends Comment Letter to SEC Investor Advisory Committee

XBRL US State and Local Disclosure Modernization Working Group formed to use standards to improve government financial transparency, enhance the efficiency of the municipal bond market, and aid efforts to streamline regulatory reporting, including grant reporting.