MRSC Insight Blog
Posts for Toni Nelson
Finance Consultant Toni Nelson is retiring at the end of September after a long career in local government.
This blog post reviews a recent federal memorandum directing the U.S. Treasury to defer the withholding, deposit, and payment of Social Security taxes on wages and compensation paid during September 1 through December 31, 2020.
The IPD inflation rate for 2019-2020 is 0.60152%, which means local governments with a population of 10,000 or more may not increase next year's property tax levies more than that rate unless they adopt a resolution or ordinance of substantial need.
This blog post looks at the impact the passage of I-976 will have on transportation revenues, the state's multimodal account, and transportation benefit districts.
Interested in learning more about recently passed bills that offer increased use of taxes or authority to increase certain taxes? This blog post covers the basics.
This 2-part series highlights changes to the annual update to accounting and reporting requirements (BARS Alerts & Overview of Significant Changes). This post focuses on changes to Notes to Financials and in the Supplemental Schedules.
In this 2-part series, Financial Consultant Toni Nelson will be highlighting changes to the annual update to accounting and reporting requirements (BARS Alerts & Overview of Significant Changes) from the State Auditor's Office. Part 1 focuses on changes to the Chart of Accounts.
For many years, city and county officials have relied on MRSC’s Revenue Guides to better understand their various revenue options. In partnership with the State Auditor’s Office, we’ve completely rewritten and republished these important documents.
With 2019 on the horizon, local governments must begin to comply with new Paid Family & Medical Leave requirements. Finance Consultant Toni Nelson looks at what steps the finance department should take, beginning today.
The salaries for many elected officials with Washington's special purpose districts are adjusted for inflation every 5 years by the Office of Financial Management, with 2018 being one such year an adjustment takes place. Finance Consultant Toni Nelson looks at which special purpose districts and officials will be impacted.
On January 1, 2018, the Consumer Price Index will begin to implement its update for sampling areas. Finance Consultant Toni Nelson looks at how this will impact Washington local governments.
Federal awards given to local governments are now subject to revised audit standards under New Uniform Guidance 2 CFR 200. In the second of this 2-part series, learn more about how the certification requirement and allowable costs have changed, and what you need to do to become compliant with the new guidance.
Federal awards given to local governments are now subject to revised audit standards under New Uniform Guidance 2 CFR 200. Learn more about these new standards and what it means for your entity's policies regarding procurement, purchasing, and grant and contract management.
An informal opinion from the Attorney General's office states that a municipality may award lodging tax revenues to a recipient in an amount that differs from the LTAC recommendations, as long as the legislative body follows the right process.
A 2016 legislative bill (ESB 6439) provides more clarity on local government investment options and requirements.
The initial distribution of this new fund should include the first two quarters of the state biennium that were missed (September 2015 and December 2015) along with the March 2016 distribution.
An overview of accounting and reporting requirements as a result of the new legislation regarding the assumption of TBDs by cities and counties.