News and Updates
Today's News and Updates
- 2015 GFOA Scholarship Information
- 2014 Fall Training Institute Handouts
- Policies & Procedures for Key Financial Functions
- GFOA Training Seminar Series in Chicago, November 13-21
- Moody's Investors Service Article on Detroit Bankruptcy
- MGFOA Committee Membership
- MI Department of Treasury Deficit Elimination Plan Requirements
- Dashboard and Citizen Guide templates at Dept of Treasury
- Michigan Department of Treasury and EVIP Administration
- FREE: State of Michigan's Local Government Records Management training is now available online
2015 GFOA Scholarship Information
The Government Finance Officers Association (GFOA) will administer four scholarship programs that are available for award in the Spring of 2015. GFOA seeks your assistance in promoting these scholarships in your province or state.
All of these programs are intended to benefit students planning to pursue careers in state and local government finance. The submission deadline for applications for the 2015 awards is February 20, 2015. Following are brief descriptions of each of the scholarships:
The Daniel B. Goldberg Scholarship of $12,000 is for graduate students in public finance who are enrolled in a full-time master’s program. Funded by the Girard Miller Foundation. Scholarship Application Scholarship Poster
The Frank L. Greathouse Governmental Accounting Scholarship of $7,000 (each award) is available for award to two undergraduate or graduate students enrolled full time in an accounting program (an undergraduate student must be in the process of completing at least their junior year by the time of the scholarship award). Scholarship Application Scholarship Poster
The Minorities in Government Finance Scholarship of $7,000 is for upper-division undergraduate or graduate students of public administration, accounting, finance, political science, economics or business administration (with a special focus on government or nonprofit management). To be eligible for this award students must belong to one of the following groups (as defined by the U.S. Census Bureau): Black or African American, American Indian or Alaska Native, Hispanic or Latino, Native Hawaiian or Other Pacific Islander, or Asian. Funded by Tyler Technologies. Scholarship Application Scholarship Poster
The Government Finance Professional Development Scholarship of $7,000 (each award) is available for four employees of a state or local government enrolled in part-time graduate study preparing for a career in state and local government finance. Scholarship Application Scholarship Poster
2014 Fall Training Institute Handouts
Handouts from the 2014 Fall Training Institute can be found on the event page.
Policies & Procedures for Key Financial Functions
The MGFOA Accounting Standards Committee has developed policies and recommended procedures for use in your community. The policies cover key financial functions, including:
|Capital Assets||Grants Management|
|Debt Management||Payroll & Expense Reimbursement|
While each document was created and reviewed by members of the Committee, it is important to note that these documents are not a ‘one size fits all’ solution. Finance officials seeking to use these documents should consult their respective government agency’s charter as well as their agency’s legal counsel.
Please visit the RESOURCES page of the site to view the documents.
If you would like to suggest any changes to these documents, please email the Standards Committee via Joe Heffernan.
GFOA Training Seminar Series in Chicago, November 13-21
The Government Finance Officers Association (GFOA) invites you to participate in a series of training seminars on November 13-21, 2014, at GFOA's offices in Chicago, Illinois. Join GFOA for one or more of the following courses:
- Intermediate Governmental Accounting (November 13-14)
- Developing and Implementing Financial Policies (November 17)
- Best Practices in Debt Management (November 18-19)
- Advanced Financial Reporting (November 20-21)
The GFOA training programs provide the best educational opportunities available in the field of government finance. Complete details are available here.
Moody's Investors Service Article on Detroit Bankruptcy
Detroit Bankruptcy May Change How Other Distressed Cities Approach Their Pension and Debt Obligations. Full article here.
MGFOA Committee Membership
MI Department of Treasury Deficit Elimination Plan Requirements
Click here for the document.
Dashboard and Citizen Guide templates at Dept of Treasury
Follow this LINK.
Michigan Department of Treasury and EVIP Administration
Follow this LINK.
FREE: State of Michigan's Local Government Records Management training is now available online
Follow this link.