Items tagged with "Municipal"

Municipal Reporting and more: They asked, XBRL US answered!

It’s been a busy week for our colleagues in the US. XBRL US has submitted a letter to the Municipal Securities Rulemaking Board (MSRB) planning exercise on Strategic Goals and Priorities, urging it to consider how data standards would enhance the current Electronic Data Municipal Markets Access (EMMA) data collection and dissemination process. XBRL US expressed […]

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MSRB seeks Input on future Direction

The US Municipal Securities Rulemaking Board (MSRB) is responsible for regulating the US municipal securities market and aims to support muni market transparency, including through its Electronic Municipal Market Access (EMMA) system. EMMA is a key source of muni bond disclosures.

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Open Data Portal for Istanbul’s Municipality

How does Turkey measure up in a machine-readable world? At a national level, Turkey doesn’t release collected data to the public to enable analysis – however, a public sector effort at a different level is trying to fill in the gaps.

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MSRB to introduce Structured Data?

Could municipal bond markets be due a shakeup? In an article on Forbes this week Barnet Sherman makes the case for a system-wide upgrade of muni markets, citing XBRL as the tool to take municipal disclosures into the 21st century.

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US College uses XBRL for financials

With the idea that knowledge is transformative sitting at the heart of most educational institutions, it is perhaps unsurprising that a college is currently at the vanguard of structured municipal reporting in the US.

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Why should Municipalities adopt XBRL? 

Rachel Carpenter, CEO of Intrinio, recently highlighted the many benefits proper XBRL filing implementation would offer US municipalities.

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Fiscal transparency for financial aid? 

Should the federal funds being used to boost US state and local budgets after a steep Covid-19-induced decline be dependent on better transparency?

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Time for Real-Time Financial Reporting?

In Montreal, a financial planner can set a trigger to distribute a financial report the moment their budget is exceeded. In New Hampshire, accountants can easily look at the number, type and relationship between a taxpayer’s bills, all in a single portal. And in LA, a self-service data analytics tool allows users to create the […]

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XBRL US Municipal Beat Podcast on Data Standards

The Covid-19 crisis has made it clear how important it is to be able to quickly access and interpret data in a rapidly moving market. While public companies in the US report XBRL-tagged financial information to the SEC quarterly, making up-to-date data relatively easy to analyse, municipal data is much harder to find.

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Is Police data up to scratch? 

With the criminal justice system and police reform in the spotlight recently, it would make sense to examine the data to make informed, effective changes. There’s one problem: the data itself.

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