Municipal Desk Reference

Finance

Most Recent Additions
The familiar phrase from Dragnet, “Just the facts, ma’am…just the facts,” is what Sergeant Joe Friday would say when he needed to get to the details he was looking for—and that is what Georgia’s cities are saying with the FACT Act.

Published Date: January 6, 2014

This publication is to familiarize city officials with some of the important basics in the area of alcoholic beverage regulation.

Published Date: January 1, 2014

This video on budget preparation, presented by Pam Helton, Director of Consulting Services at the Georgia Municipal Association, is designed to provide an overview of the budgeting process for small cities.

Published Date: November 27, 2013

All local governments receiving proceeds from SPLOST must publish a SPLOST report in a newspaper of general circulation within that city or county and on the government website, if they have one, by December 31 of each year.

Published Date: November 27, 2013

The Georgia Supreme Court ruled last month that the “baseball arbitration” process added to the Local Option Sales Tax law in 2010 violates the separa­tion of powers clause in the state constitution. In all, potentially 32 special districts, which included 114 cities and 32 counties, were affected by the court’s decision to rule the “baseball arbitration” clause in the LOST statute unconstitutional and any subsequent interpretations of that court decision.

Published Date: November 5, 2013

The National League of Cities’ 28th annual survey of city finance officers reveals an overall picture of a gradually improving economy and improving city fiscal conditions. A majority of city finance officers report that their cities are better able to meet financial needs in 2013 than in 2012.

Published Date: October 15, 2013

The fate of cities’ Local Option Sales Tax (LOST) agreements in at least 17 counties are in limbo following a ruling by the Georgia Supreme Court on Monday, Oct. 7, that declared “baseball arbitration” unconstitutional because it delegates taxing powers to the courts, a violation of the separation of powers provision of the Georgia Constitution.

Published Date: October 7, 2013

A Superior Court judge has ruled in favor of the city of Dahlonega in determining how Local Option Sales Tax (LOST) revenues would be split.

Published Date: September 19, 2013

While Georgia’s Senators and Congressmen are back home during their August recess, GMA encourages city officials to talk with them about the importance of tax-free municipal bonds.

Published Date: August 8, 2013

The Governmental Accounting Standards Board (GASB) has published an implementation guide for the new GASB standards regarding financial reporting for state and local government pension plans.

Published Date: August 7, 2013

Hundreds of small cities in Georgia are faced with the same dilemma: a capital project that they want to complete to make their community a better place to live.

Published Date: June 6, 2013

This one-page fact sheet dispels some of the myths surrounding the Marketplace Fairness Act. GMA encourages city officials to use this when speaking with their member of Congress about this issue.

Published Date: May 21, 2013

The Marketplace Fairness Act (MFA), S. 743, passed the U.S.Senate on May 6 by a vote of 69-27. Sen. Isakson and Sen. Chambliss both voted for the bill's passage.

Published Date: May 13, 2013

As the first distributions of Georgia’s Motor Vehicles Ad Valorem Title Tax (TAVT) begin to be received by local governments around the state, there may be some initial confusion as to just what these funds are and how to account for them.

Published Date: April 30, 2013

President Obama’s FY2014 budget proposal includes measures designed to bring in additional revenues by closing tax loopholes. Among the proposals is a 28 percent cap on tax-exempt interest for municipal bonds, a limitation that the President sought in FY2013.

Published Date: April 15, 2013


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