Blog Entry List

Part 3 of the memo series related to GASB Statement 87, (Leases) has been issued by LGC staff. Please visit our GASB 87 Guidance webpage.

On Monday, March 21 at 3:00 p.m., US Treasury is hosting a webinar for ARPA Recovery Fund non-entitlement units of local government (NEU) recipients on reporting requirements.

The UNC School of Government has posted its Sample Uniform Guidance Policies and Implementation Tools. The post can be accessed here.

The Department of State Treasurer's State and Local Government Finance Division is pleased to announce that Jennifer Wimmer has been named Director of the division's Debt Management Section.

As units begin thinking about issuing debt, the first question they should address is, “Has the audit been submitted to the LGC?” In an effort to keep debt applications on schedule, the deadline for both the audit report and any Financial Performance Indicator of Concern (FPIC) response letter ha

There is a new blog post on Coates' Canons regarding premium pay for local government employees. Some of the rules changed a bit in the UST Final Rule that was issued recently.

LGC staff has developed fiscal training for local government board members on some of the key aspects of the Local Government Budget and Fiscal Control Act.

*REVISED January 28, 2022*

“Local Government Finance” is again being offered by North Carolina community colleges in spring 2022.

Kara Millonzi at the UNC School of Government has issued a new blog post on ARPA funds and the Uniform Grant requirements that come along with those funds.

Please allow two weeks for the processing of invoices, contracts, and audit submissions. Due to the influx of audits and the implementation of new processes, we are working diligently to process all documents as timely as possible.

The IRS is offering a free webinar on a topic that is relevant to local governments:  “Who is an Employee?” is being offered free of charge on December 16, 2021, at 1:00 pm.  Please see the IRS