This is a guest post by Les Richmond, pension actuary for Build America Mutual. The new Government Accounting Standards Board changes described in this posting have implications for all cities. Here are some suggestions for cities that offer retiree healthcare benefits and sponsor those benefits themselves. Beginning in the fiscal year ending June 30, 2018,
Author: NLC Staff
Many people believe that when their water or sewer service lines leak, break or clog, the repair is either the responsibility of the City or covered by their homeowner’s insurance. Unfortunately, neither is the case. Myths about the cause of service line failures are common. Many people believe that their service lines will never fail
Cities across the country are increasingly affected by the opioid crisis. Here’s our comprehensive roundup of the programs supported by NLC and the Obama Administration in fighting prescription drug and heroin abuse. Many families are struggling with opioid and prescription drug abuse. It is not a topic often brought up in family conversations or that
This is a guest post by Josh Russell and Jason Wiens. This post is the fourth installment in a series focused on NLC’s 2015 Cities and Unequal Recovery report, which highlights the findings of our 2015 Local Economic Conditions survey. City leaders across America understand that entrepreneurship is key to the success of their economies.
This is a guest post by Les Richmond, pension actuary for Build America Mutual. New public sector pension accounting rules that take effect for fiscal years ending June 30, 2015 and later are likely to have a significant impact on your city’s financial statements. Because pensions can often be a controversial issue for employees and