GASB Public Comment on Financial Reporting Project Open

By Dan Smith, ABFM Chair & GASAC Representative

I’d like to call your attention to goings on at GASB, specifically its project to reexamine financial reporting for Governmental Funds. On February 22, GASB gave an excellent webinar explaining the project. The archived webinar will be made available, but in the meantime you can click here to view the slides. Prior to that, GASB posted this invitation to comment, which I hope you will examine if you use government financial statements or the data from those statements – such as the data on state and local government finances collected by the U.S. Census Bureau – in your research or teaching.

Of course you are welcome to submit comments on your own, but I’d like to hear from you if you believe a response as an organization would be appropriate. In my experience on the Governmental Accounting Standards Advisory Council, an organization-wide comment would carry more weight. But I don’t want to assume there’s sufficient interest. Comments are due March 31, so please write me with your thoughts at your earliest convenience at

Call for Proposals – 2017 ABFM Conference

Deadline for Submissions is April 15, 2017

Click Here to Submit Paper Proposals

Click Here to Submit Panel Proposals

The Association for Budgeting and Financial Management invites you to submit a paper or panel proposal for its annual research conference. This year’s conference will be held September 28-30 in Washington, DC. Though papers have traditionally focused on U.S. state and local government budgeting and financial management, we welcome papers on federal budgeting as well as papers with an international or comparative perspective. This year, there will be a special multiple-session track on public budgeting and financial management in Asia jointly hosted by the China-America Association for Public Affairs and Chinese Public Administration Review (CPAR). We also encourage both academics and practitioners to submit proposals. Below is a list of selected topics on which papers and panels have focused in recent conferences.

Please submit all paper and panel proposals by April 15, 2017 using one of the links above. Proposals will be reviewed and competitively selected. Please submit questions to the conference committee at Please send inquiries regarding the special Asia session track to Chen Gang, Assistant Professor, Rockefeller College of Public Affairs and Policy, University at Albany, State University of New York,

We look forward to seeing you in Washington, DC!

Selected Conference Topics: Tax Policy and Administration, Budgetary Theory, The Politics of the Budgetary Process, Transportation Finance, Budgeting and Economic Development, International and Comparative Budgeting, The History of Budgeting, Citizen Participation in Budgeting, Budget Reform, Current Trends in Public Finance, Public Pensions, Healthcare Liabilities, Forecasting, Investment Management, Intergovernmental Finance/Fiscal Federalism, Municipal Securities, Performance Budgeting, Budgeting for National Security, Debt Financing and Management, Education Finance, Accounting and Financial Reporting, Revenue Diversification, Not-for-Profit Finance/Financial Management, Budget Rules and Institutions, Financial Management, Capital Planning and Management, Financing Urban Governments, Public-Private Partnerships

NLC Inventories State Preemption of Local Control, Fiscal Authority

By Kenneth Hunter, Line Item Editor

A recent report by the National League for Cities provides a comprehensive look at State government preemption of local authority on numerous social and economic issues. The report, “City Rights in an Era of Preemption: A State-by-State Analysis,” also includes a cursory examination of the range of controls exercised by states on municipal finances through tax and expenditure limits (TELs).

“State legislatures have gotten more aggressive in their use of preemption in recent years,” the report states. “Explanations for this increase include lobbying efforts by special interests, spatial sorting of political preferences between urban and rural areas, and single party dominance in most state governments.”

Among social and economic issues covered by the reports, the most common preemption reported were TELs, which are present in some shape or form in 42 states.

(From "City Rights in an Era of Preemption," National League of Cities, February 2017)

(From “City Rights in an Era of Preemption: A State-by-State Analysis,” National League of Cities, February 2017)


While the report focuses solely on local property taxes, many of which have been in place for decades, additional means of preemption have grown in recent year, often times as side effects of State efforts to address business concerns about challenges created by localized bureaucracy within the global environment of the 21st century. These examples include the loss or State consolidation of revenues from business privilege license fees, E-911 taxes, cable television franchise fees and more.

Click here to download this report.

State Revenue Growth Slows in FY 2016

GASB achieves Objectives with Remediation Obligations Statement