IGFOA members - sign-in to access the latest IGFOA News, TARC information, and Legislative and IML updates.
Property Tax Exemption Analysis PublishedPosted October 7, 2022 in Legislative briefsKenneth Kriz, Ph.D., a Distinguished Professor of Public Administration and the Director of the Institute for Illinois Public Finance at the University of Illinois Springfield (UIS), recently published a white paper entitled Property Tax Exemptions i…
Important Update on the Pension Fund Consolidation LawsuitPosted May 31, 2022 in Legislative briefsOn Friday, May 26, 2022, the Circuit Court of Kane County issued an order of summary judgment (available via this link) in favor of the State of Illinois, the Illinois Firefighters' Pension Investment Fund and the Illinois Police Officers' Pension In…
Whitepaper on Accounting for Coronavirus State and Local Fiscal Recovery FundsPosted May 6, 2022 in TARC updatesApril 2022 This whitepaper was written to provide guidance on GAAP reporting for annual financial statements. It is not intended to provide guidance on the ARPA federal reporting requirements or the Schedule of Expenditures of Federal Awards reportin…
