The University of Michigan announced a partnership with the city of Flint, MI, on a fiscal reporting pilot program to improve transparency and governance. The pilot centers on developing digitized data standards to represent the Annual Comprehensive Financial Report (ACFR), and will build on the XBRL Taxonomy developed by the XBRL US Standard Government Reporting Working Group. The program is led by the Center for Local, State, and Urban Policy (CLOSUP) at the University of Michigan's Gerald R. Ford School of Public Policy, and is made possible through a grant from the Charles Stewart Mott Foundation.
Read the announcement.
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