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Finance

Is Public Finance Ready to Rely on Blockchain Technology?

Governments often contend with many issues when attempting to link public dollars to real-world outcomes captured by data in disparate systems. EY claims its OpsChain Public Finance Manager will reduce those struggles.


How Are Pensions Protected State-by-State?

Over the last century, states have adopted the idea that pensions are a form of deferred compensation and, along with that change, has come certain protections.

Springfield, Ill., Wants to Cut Police, Fire Pension Costs

Without a strategy to rein in costs for its police and fire departments, the city faces the possibility of having to dedicate 100 percent of its property taxes to fund the pensions and not totally address the problem.

New York to Decide on Public Funding of Political Campaigns

New Yorkers will soon provide up to $100 million in public financing to help fund candidates’ campaigns, but exactly how the landmark reform legislation will be implemented is up to a special commission.