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| In Boston, Tracking Data to Score Government Progress |
Since taking office two years ago, Boston Mayor Martin Walsh has made using data and analytics a central part of his administration. Some of these projects started during the 20-year administration of Walsh’s predecessor Thomas Menino … but Walsh and his Chief of Staff, Daniel Koh, wanted to take it further. |
| PBS Newshour |
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Get the latest on controlling cost
and improving performance. |
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Innovations Are on the Rise in Public Financial Management |
A recent survey report by Grant Thornton and the International Consortium on Governmental Financial
Management (ICGFM), titled Innovation in Public Financial Management in an Increasingly Complex and Uncertain Global Environment, collected data from forty countries around the world with a seventy-five percent response rate through either face-to-face interviews or online questionnaire. The report confirmed the overall notion: innovations are on the rise in the PFM realm.
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| GovLoop |
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| Should Congress Budget on a Two-Year Cycle? |
For years, a few lawmakers have sought to shift Congress to a two-year budget and appropriations cycle to avoid the shutdown threats that are seemingly annual occurrences. But other lawmakers, experts and industry insiders are skeptical that such an approach would help agencies with acquisition and planning or ever be put to a vote. Rep. Reid Ribble (R-Wis.) testified before the House Rules Committee's Legislative and Budget Process Subcommittee on Jan. 6 on behalf of his Biennial Budgeting and Enhanced Oversight Act of 2015. In addition to budget and appropriations bills, the legislation would move strategic and performance plans to a two-year cycle. |
| FCW: The Business of Federal Technology |
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Federal Management: The State of Your Union |
Each year, federal agency Inspectors General offer up their lists of each agency’s top management challenges. Join us for a Jan. 27 livestreamed conversation exploring these challenges and what progress we’re making addressing them.
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| Grant Thornton |
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A New Investment Opportunity: Helping Ex-Convicts |
A New York program asks outsiders to fund a promising initiative to reduce recidivism. If it gets results, they get a payout.
Less than $1 out of every $100 of federal government spending is “backed by even the most basic evidence that the money is being spent wisely,” wrote Peter Orszag, the former head of the Office of Management and Budget, and John Bridgeland, the former director of the White House Domestic Policy Council, in a 2013 piece in The Atlantic. In their article, Orszag and Bridgeland advocate for a “moneyball for government,” arguing that an era of fiscal scarcity should force Washington to become more results-oriented. A new partnership among New York State, 40 private investors, and a nonprofit called the Center for Employment Opportunities seeks to apply this sort of thinking to an area of policy that has been particularly resistant to interventions: lowering the recidivism rate in an era of growing prison populations. |
The Atlantic |
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What Is Category Management? |
The concept of category management is familiar to those in retail, who look to manage clusters of items within a shop environment, but it also a way for companies to buy more effectively and to save significant sums of money in procurement. |
Forbes |
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Federal Accounting Standards Advisory Board proposal addresses opening balances for general Property Plant & Equipment |
The Federal Accounting Standards Advisory Board (FASAB) has issued a proposal that would permit a federal government reporting entity to apply alternative methods in establishing opening balances for general property, plant, and equipment (PP&E).
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Journal of Accountancy |
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