News & Insights

The State School Aid Act was recently amended to include one-time distributions under section 147c(2) to participating districts of the Michigan Public Schools Employees Retirement System. These additional payments will […]

The Governmental Accounting Standards Board (GASB) Statement No. 96, subscription-based IT arrangements (SBITAs) is effective for the District’s 2023 year-end. This Statement’s objective is to require recognition of certain lease […]

Several banks have come under scrutiny as depositors have lost trust in the safety of their deposits and, so far, three banks have failed: Silvergate Bank, Silicon Valley Bank, and […]

President Biden has released his proposed budget for the federal government for the 2024 fiscal year. The budget, which aims to cut the deficit by nearly $3 trillion over 10 years, includes numerous […]

The U.S. Supreme Court recently weighed in on an issue regarding a provision of the Bank Secrecy Act (BSA) that has split two federal courts of appeal. Its 5-4 ruling […]