News
5 Things To Know About NYC's $125. 8 Billion Budget Deal
11+ hour, 16+ min ago (371+ words) NEW YORK, NY" After days of negotiations that stretched to the legal deadline, New York City officials reached a handshake agreement on a $125. 8 billion Fiscal Year 2027 budget, ending a standoff between Mayor Zohran Mamdani's administration and the City Council. The…...
FG to Tackle Capital Project Reporting Gaps with Real-Time Budget Tracker
13+ hour, 10+ min ago (964+ words) The federal government has revealed that the implementation of capital projects across the country is significantly higher than figures often reported in the public domain. It promised to launch a more transparent reporting system that will enable Nigerians to track…...
Federal Board of Revenue eyes new performance metrics
3+ day, 3+ hour ago (518+ words) ISLAMABAD: In a major shift from past practice, the Federal Board of Revenue (FBR) is considering replacing monthly tax collection targets with a fiscal-year-based performance evaluation system for its field formations, aiming to reduce pressure to chase short-term revenue targets…...
A Square Deal for New York and an Open Letter to the Path for a better New York
5+ day, 16+ hour ago (33+ words) By Frank J. Spotorno " Retired Member, UBC Local 2790 " Member, Italian American Civil Rights League of America " Member, East Harlem Giglio Society " Former Congressional Nominee of the 14th Congressional District of NYC (2016)...
Letters: Before raising taxes, New Orleans needs to ferret out waste, fraud, unpaid fines
6+ day, 23+ hour ago (120+ words) The city of New Orleans is broke. Not only financially, but physically as well. I welcome the new mayor and her energy. She is a breath of fresh air after having suffered through several incompetent administrations. There is now talk…...
NYC policies are a "war on success: Former Miami mayor | Fox News Video
1+ week, 1+ day ago (23+ words) Former Miami Mayor Francis Suarez argues New York City's policies are driving out businesses and harming the city's economy on "America Reports.'...
Zero sum: Cities have little to show for big spending * World Net Daily * by Jeremy Portnoy, Real Clear Wire
1+ week, 3+ day ago (1098+ words) 'Rather than slash services or raise taxes, most city leaders will find clever ways to kick the can down the road'...
Opinion: Recklessly ignoring National City's fiscal crisis won't fix it
1+ week, 4+ day ago (486+ words) National City is a working-class community of'roughly 56, 000 residents spread across 7 square miles. Most residents are focused on paying their bills, raising their families and getting through another workweek. They should not have to become budget experts to understand when their…...
FASB Proposes Fix to Market-Based Cash Balance Plan Accounting
1+ week, 5+ day ago (429+ words) The standards board set a 60-day comment period for stakeholders to provide feedback on the proposal. The Financial Accounting Standards Board last week issued an'exposure draft'of a proposed accounting standards update that would change how certain market-based cash balance plans…...
FASB seeks comment on hedge accounting guidance
1+ week, 6+ day ago (256+ words) FASB published a proposed Accounting Standards Update (ASU) that is intended to improve accounting guidance for interest rate risk hedging and net investment hedging. During FASB's 2025 agenda consultation project and other outreach, stakeholders acknowledged the Board's recent efforts to better…...