- I Know It When I See It – What is a Capital Expenditure? – Squire Patton Boggs
- Municipal Securities Regulation and Enforcement: 2022 Year in Review and Look Ahead: Ballard Spahr
- Hawkins Advisory: The Federal Reserve’s Regulation ZZ Implementing the Adjustable Interest Rate (LIBOR) Act
- The Debt Ceiling Battle Hits Home.
- State & Municipal Treasurers Publish Letter Encouraging McCarthy to Make Deal on Federal Debt Ceiling.
- Governmental Accounting for Non-Accountants: GFOA Webinar
- And finally, Warren City, Michigan – Where Shame Goes To Die! is brought to us this week by Warren City Council v. Fouts, in which Mayor James Fouts submitted a budget to the city council, “which, included a line item of $615,000 for the City of Warren Downtown Development Authority (DDA) for “Contractual Services” and a line item of $75,000 for DDA for “Community Promotions.” The city council, “met to consider the recommended budget and decided it would revise the budget to allocate $0 for DDA “Contractual Services” and $10,000 for DDA “Community Promotions.” Oh, did we forget to mention that the mayor is also the chairperson of the DDA and that the $75k “Community Promotions” budget was for an ad campaign featuring – you guessed it! – Mayor Fouts himself? Don’t worry, Mayor Fouts went ahead and directed the city finance department to go ahead and fund his original allocations anyway. Can’t let that whole separation of powers nonsense get in the way of those sweet, sweet Contractual Services.
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