Government White Papers

White Papers from leading Government experts provide great insight and research on timely relevant Government topics.

Municipal Debt Restructuring Guide

June 3, 2013

Municipalities looking to regain fiscal solvency have the opportunity to restructure their debts through the use of Chapter 9 bankruptcy proceedings. This process will see the elimination of nonessential debts and services, while others will be restructured so that the municipality can more easily meet its financial obligations light of reduced tax income or significantly increased financial burdens. Because Chapter 9 is designed for municipalities rather than individuals, it does not permit for full liquidation of any assets when seeking to pay off creditors or finance local obligations. Instead, restructuring must be done through a series or reorganizational moves, tax changes, and regulatory oversight - all of which are outlined in this white paper.

How the Budget Control Act Impacts the Federal Budget

December 1, 2012

The Budget Control Act and Sequestration is the umbrella name for the widespread spending cuts that are due to affect most of the federal budget. If the funds are actually sequestered in the manner devised by Congress in 2011, several government agencies, programs, and employees will be negatively affected. This white paper outlines how the budget control act and sequestration impact the federal budget.

The Fundamentals of Grant Administration

September 21, 2012

Grants, whether from private foundations or from government agencies, are the lifeblood of non-profit organizations. Government grants are also essential to units of local state, county, and city governments. Most people believe that tax dollars or user fees cover the costs of all public services and facilities, but this is not true. Download this white paper to learn the fundamentals of grant administration.

GASB 45 Compliance Tips

June 15, 2012

In addition to providing pension plans, many state and local governments deliver post-employment benefits including post-employment healthcare and life insurance. GASB 45 established standards for reporting these other post-employment benefits (OPEBs). Download this white paper and learn GASB 45 compliance tips.