Do you ever feel like you keep having the same conversations about shared projects over and over? You spend half your time just talking about the same ideas you chewed on last time with little forward progress. And now with the addition of a video conference platform, conversations can feel even more frustrating and less productive. What can you do?
Many of us have been experiencing a significant amount of change in our organizations lately. Having a structured framework to help sustain those changes is an important part of change management and as relevant now during this disruption as it is when we have time to thoughtfully work through a change initiative.
Congrats on submitting your annual report. If you are a local government user, the Financial Intelligence Tool's (FIT) role-based functionality allows you to access your 2020 data right now! There is no need to wait until June if you use the “Live” Annual Filing Data option. First, login in to FIT, then select “Live” Annual Filing Data in the upper right hand corner drop down menu. You now can explore your updated trends, financial health indicators and more.
We know a strong internal control system is important for accurate financial reporting. Not sure where to start? Don't worry ― we have a tool for cash basis reporters that can help.
This presentation tells the story of Washington's Unemployment Insurance program during the COVID-19 pandemic in 2020, from the first American coronavirus patient diagnosed January 21 through the end of the year.
We curated this latest issue of our regular newsletter to make it easy to find key information from this blog, all in one place! Please download or share with colleagues who might find it valuable. Click on the image below to see articles regarding updates to reporting deadlines, information on annual report filing and more.
The most common OPEB benefit provided by some local governments is through the Public Employees Benefits Board (PEBB) plan. This plan provides OPEB benefits through implicit and explicit rate subsidies for retirees. Even though retirees pay 100 percent of their premiums, that payment is not the full cost of the benefits. Retirees pay less because participating employers like you pay a little extra. That little extra is OPEB.
We do not participate in the state's pension plans. Can our retirees get this benefit when they retire?
Sales Tax – Oh the stories FIT data can tell!
Sales tax represents about a quarter of all city and town revenues, but did you know that three Washington cities or towns derive more than 50 percent of their total revenues from sales tax? Can you guess which ones and why? Unlock the answers to these questions and a world of other sales tax data stories by opening our interactive infographic based on data from the Financial Intelligence Tool (FIT).
The Financial Intelligence Tool (FIT) refreshes quarterly with data submitted by local governments.
This most recent refresh added 23 more filers and brings the total local government data presented in FIT to 95 percent for fiscal year 2019.
A list of governments that have or have not filed can be found via a link at the bottom of any FIT page.
Fiscal year 2020 data is set to publish on June 30, 2021, which is 30 days after the last filing due date.