Your government’s data is in FIT, and it’s available to the public. Continue reading to learn who is looking at your data and why it’s in every local government’s the best interest to check it for accuracy.
… CONTINUE READING → Our Financial Intelligence Tool’s (FIT) “Add Projection” feature allows governments to adjust their known or anticipated revenues and expenditures, and then project those amounts into the future. Continue reading to learn how to access this feature and start projecting today.
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We recently released a new accounts payable internal control checklist that you can use to evaluate your existing internal control systems and identify potential areas for improvement. Periodically reevaluating your control systems is a best practice. Your government should consider doing this annually, unless staffing or system changes require a more frequent review.
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“Encourage the heart,” one of the five behaviors in the Kouzes and Posner (K&P) Leadership Challenge, can help you connect with your new team as a new leader. Encouraging the heart will help you create a team culture built on genuine respect and caring behavior. To do this, you need to focus on two areas at the same time: recognizing individual contributions and valuing team accomplishments.
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2020 was anything but normal, and we can look at the annual reports that Washington’s cities and towns recently submitted to see how the COVID-19 pandemic affected their operations. How did the pandemic affect sales tax collections? How did federal funding support our cities and towns as they navigated the economic challenges of the pandemic?
… CONTINUE READING → With new annual report filings from nearly 200 governments across the state since June 30, we’re excited to share our first quarterly update of the 2020 fiscal year financial data in the Financial Intelligence Tool (FIT).
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“Enabling others to act,” one of the five behaviors in the Kouzes and Posner (K&P) Leadership Challenge, can help you create an environment for your team that allows it to learn and grow while achieving your organization’s goals. Enabling others focuses on helping you foster collaboration and grow your self-confidence to strengthen others—important skills for new supervisors.
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Smaller governments frequently procure goods and services without a procurement manager. While smaller governments can get by without designated procurement managers for their daily operations, they occasionally take on larger projects like new building construction that can strain their limited resources.
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With the school district year-end financial report deadline just around the corner, we’ve updated our Preparation and Review Checklist for School District Financial Statements. The updated checklist will help school districts using the F-196 reporting model, modified accrual or cash basis.
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Looking for a way to improve your game when it comes to cash receipting internal controls? Add the double count to your arsenal. The double count is as easy as the name suggestions: money should never transfer from one employee to another without being counted and documented first.
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