The Balance Sheet
The Balance Sheet
The Balance Sheet is the blog of the Local Government Commission staff. Click below to sign up to receive email alerts when new blog posts are released.
For announcements and resources related to ARPA funds and the impacts of COVID-19, visit our Local Government ARPA Resources page.
Click in the search box below to access blog archives or find blogs related to a particular subject matter.
Upcoming Debt Payments - Cash Flow Concerns
Public utility systems have undoubtedly taken a hit from the COVID-19 pandemic, be it from businesses reducing hours or shutting down, or from the temporary ban on enforcing collections or both. In addition, some units may be dealing with a reduced workforce to manage their systems. All of these challenges may be a cause for concern with your May (SRF) and June (USDA) debt payments th
Should You Consider Adopting an Interim Budget for a portion of the 2020-2021 Fiscal Year?
We have received many questions recently about interim budgets, and for good reason.
Zoom Call for Local Government Utilities About Executive Order No. 124
When: Thursday, April 2, 1:00 - 2:30pm
Cost: Free
Are Local Governments Required to Suspend Water Disconnections?
The guidance that was provided in this post is no longer accurate due to Governor Roy Cooper’s Executive Order No. 124 issued on March 31, 2020 and has been removed.
GASB to Consider Delaying the Implementation of Statements 84 and 87
In a press release dated March 26, 2020, the GASB announced it is considering postponement of implementation of all standards and implementation guides with effective dates that begin on or after reporting periods ended June 30, 2018, and beyond.
ZOOM Call for Local Government Finance Officers About COVID-19 Response
If you were unable to call in to the ZOOM call held on Wednesday, March 25, the UNC School of Government is sponsoring a repeat of the call on Friday, March 27, at 1:00 p.m.
ZOOM Calls for Local Governments
The UNC School of Government is sponsoring two free ZOOM calls this week for local governments about water/wastewater utilities operations and information for local government finance professionals during COVID-19.
New Website Security Procedure for Annual Financial Information Report Submission
The US Census website has deployed a new security procedure on the login page that counties and municipalities use to submit their Annual Financial Information Report.
Free Training on Water and Sewer Finances – Three Locations!
SERCAP (Southeast Rural Community Assistance Project, Inc.) announces its 9th year presenting
Post Issuance Compliance Requirements for Tax Exempt Debt Issuance
Arbitrage rebate and yield restrictions aren’t things that most issuers have been concerned about over the past several years – very low investment earnings rates essentially eliminated concern about exceeding any limits on earnings
