City & Town Newsletters

Addresses matters of interest to local officials. Published by the Division of Local Services.

Displaying 71 - 80 of 123

Highly Recommended: Establishing a Capital Projects Special Purpose Stabilization Fund  

This article provides helpful guidance to local officials in a community seeking to establish a special purpose capital stabilization fund dedicated to funding regular, required capital repairs and maintenance.

Highly Recommended: Evolving Government Structures  

This article provides insights into the evolution of municipal government structures, highlighting changes such as the adoption of charters, establishment of chief administrative positions, adjustments in select board membership size, consolidation of departments, and the transition from elected to appointed officials.

Highly Recommended: Financial Reserves  

Importance of building financial reserves using sound formal policies governing their funding, use and replenishment.

Highly Recommended: Formal Financial Policies  

This article emphasizes the importance of developing sound financial policies in communities and provides a general roadmap for local officials to reach consensus on those policies for their community.

Highly Recommended: Getting Ready for Budget Season  

This article is a helpful guide for local officials preparing for the annual budget season. It presents a helpful roadmap of suggestions and best practices that foster communication and collaboration as cities and towns craft their fiscal year budgets.

Highly Recommended: GFOA’s Rethinking Strategy  

Article reviews Government Finance Officers Association (GFOA) views of strategic planning in a volatile and resource constrained environment.

Highly Recommended: Keep the Year Organized with a Municipal Calendar  

This article highlights the importance of developing a municipal calendar to assist in managing key processes, timely statutory reporting obligations, collection of revenues, and compliance with state and federal laws.

Highly Recommended: Municipal Audits  

Financial Management Resource Bureau recommends as a best practice, communities engage a certified public accountant to conduct independent audits of their financial records to review operating procedures, financial controls and comment on management practices.

Highly Recommended: OPEB Trust Fund  

This article discusses Other Postemployment Benefits (OPEB) for public employees in Massachusetts, focusing on the financial obligations municipalities face regarding retiree benefits such as health insurance. It highlights the importance of establishing OPEB trust funds and developing funding strategies to manage these liabilities effectively, as well as the implications for municipal budgeting and credit ratings.

Highly Recommended: Outstanding Receivables  

This article provides important information and guidance to local officials evaluating the trends, challenges, and collection policies and procedures regarding their uncollected revenues.