Government Finance Review

Magazine covers financial management for state and local government through articles and commentary on best practices, management and more.

Articles from Vol. 10, No. 1, February

GFOA-IRS 1099 Information Reporting Videoconference
On November 5, 1993, almost 300 state and local government officials filled 10 sites across the nation to participate in the first-ever GFOA videoconference. The two-hour program, a joint presentation by the GFOA and the Information Reporting Program...
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Litigation: A Real Budget Buster for Many U.S. Municipalities
Confronted with a litigation price tag of billions of dollars annually, local government budget officials are searching for both preventive and reactive mechanisms to get these costs under control. The CEO of Deloitte & Touche recently estimated...
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MFOA of Ontario CHUMS Financing Corporation
One of the ongoing challenges for municipalities, particularly those not large enough to warrant specialist staff, is to maximize their short-term cash management returns. Leaving surplus funds with the bank is an easy administrative option, but it does...
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Multiplying the Impact of Government: Market-Based Pricing and Some Examples from California
The South Coast Air Quality Management District's "Smog Market" represents one of the largest-scale implementations of market-based pricing concepts in the United States to date. Within the past two years, many people involved with or working in the...
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NAFTA and Environmental Infrastructure Projects
In the final days before the U.S. House of Representatives took up the debate on the North American Free Trade Agreement (NAFTA), the governments of Mexico and the United States agreed on arrangements to assist communities on both sides of the border...
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Protecting Public Deposits in New York State
To aid local officials, the New York State Government Finance Officers Association prepared a checklist to help them determine whether security and custody agreements contain the provisions necessary to constitute sound and legally enforceable documents....
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Public Pension Principles Achievement Award
The Public Pension Coordinating Council (PPCC) has just completed the first year of its Public Pension Principles Achievement Award, a program designed to promote high professional standards for public employee retirement systems and to publicly commend...
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Solving the Health Insurance Problem: A Recipe for Success in Medford, Massachusetts
The city partnership with its employees underlies the successful redesign of the employees health insurance program, expanding benefits while reducing costs. Editor's note: Each year the Government Finance Officers Association awards its prestigious...
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Taxpayer's Guide to the Hillsborough County Budget: Turning the Tide from Distrust to Understanding
Explaining the budget in easily understood terms meaningful to the citizens has helped defuse the public's general distrust of government in Hillsborough County, Florida. Hillsborough County, Florida, received GFOA's 1993 Award for Excellence in Financial...
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Toward 21st Century Infrastructure
Editor's note: The following remarks were delivered by Secretary of Transportation Pena at 1) The U.S. Border Infrastructure Finance Conference, July 16, 1993, San Antonio, Texas, and 2) a news conference on the National Transportation System in Washington,...
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Utilization of an Improved Forward Delivery Bond to Enhance Interest Rate Management
In its search for an ideal hedging technique, the Port Authority of New York and New Jersey developed a forward bond that resembled a standard bond issue, with the only difference being that the transaction involved an unusually long delay between sale...
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