The Balance Sheet
The Balance Sheet
The Balance Sheet is the blog of the Local Government Commission staff. Click below to sign up to receive email alerts when new blog posts are released.
For announcements and resources related to ARPA funds and the impacts of COVID-19, visit our Local Government ARPA Resources page.
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GASB to Consider Delaying the Implementation of Statements 84 and 87
In a press release dated March 26, 2020, the GASB announced it is considering postponement of implementation of all standards and implementation guides with effective dates that begin on or after reporting periods ended June 30, 2018, and beyond.
ZOOM Call for Local Government Finance Officers About COVID-19 Response
If you were unable to call in to the ZOOM call held on Wednesday, March 25, the UNC School of Government is sponsoring a repeat of the call on Friday, March 27, at 1:00 p.m.
ZOOM Calls for Local Governments
The UNC School of Government is sponsoring two free ZOOM calls this week for local governments about water/wastewater utilities operations and information for local government finance professionals during COVID-19.
New Website Security Procedure for Annual Financial Information Report Submission
The US Census website has deployed a new security procedure on the login page that counties and municipalities use to submit their Annual Financial Information Report.
IMPORTANT! New LGC 203 Process for December 31, 2019 Reporting Cycle!
As of the December 31, 2019 report date, all LGC-203 reports will be submitted via LOGOS, a new online reporting system. We will no longer provide Excel report forms or accept emailed or mailed reports.