The version of the ACFR Taxonomy on this page was open for comment between July 15 and August 15, 2022. The Release Candidate built on the previous Demonstration Release (May, 2021) and included support for schedules required by the Michigan Treasury, as a result of a grant-funded pilot conducted by the University of Michigan’s Center for Local, State and Urban Policy (CLOSUP).
Inline XBRL Samples
The sample HTML reports below are based on the v1.0RC11 Release Candidate, displayed using a viewer developed by the US SEC to support public company financial reporting. Download the inline XBRL sample instance documents (.zip).
The taxonomy is a project of the XBRL US Standard Government Reporting Working Group to test the premise that standards can improve efficiencies by automating the process of creating, collecting, and analyzing government data. Feedback is received during public review periods and incorporated into this latest version.
3 comments on “ACFR Taxonomy 2022”
Section 801600 – Disclosures – Long-Term Debt should reference GASB Codification Section 2300 Paragraph 120.
In section 800000, I recommend changing the definition of CostOfLivingAdjustment to “Inflation-related changes to benefit payments promised to retirees”. I also recommend changing the Type to stringItemType to accommodate entries such as :Change in CPI capped at 3%” which is a common inflation adjustment.
Please see our minor technical comments attached. Thank you for the outstanding work!
Comments are closed.
You must be logged in to post a comment.