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City Council Study Session Agenda and Packet 2023 04 18
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City Council Study Session Agenda and Packet 2023 04 18
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City Council Records
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4/18/2023
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City Council SS Packet
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21. <br />Increasing Financial <br />Accountability at Local Levels <br />"Even before Congress provided unprecedented financial aid to help offset the impact <br />of the COVID-19 pandemic, it was doling out more than $1 trillion each year to states <br />and localities to support their role in our federal system. <br />Over the last three years, the federal government has added about $1 trillion more in <br />direct aid, grants, and tax credits. <br />It could be a coincidence that a long -stagnated proposal to require consistent data <br />reporting from state and local governments suddenly gained momentum and passed <br />Congress late last year, or perhaps that increase in federal investment finally made it <br />happen. Either way, the feds call in their chips and require a new brand of financial <br />accountability from states and localities." <br />According to public records, Boulder County's financial disclosure document was last <br />updated in 2016. <br />Sources: "Why Government Shouldnt Fear New Era Financial Accountability," Funkhouser & Associates and Boulder County. <br />
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