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Whether a qualified, disclaimer or adverse opinion is given depends on the nature and scale of the problem, and some states had lots of problems.
October 11Truth in Accounting Project, University of Denver -
Isn't it reasonable to expect that state governments' financial reporting have full accountability and thus, receive clean audit reports? Often, they do not.
May 9Truth in Accounting Project, University of Denver -
Balances in rainy-day funds hit all-time highs in 37 states by the end of the 2022 fiscal year. That's the biggest tally in over two decades.
March 20 -
Governor Greg Abbott plans to devote a major piece of the state's budget surplus to cutting property taxes.
January 10 -
Gov. Kathy Hochul and legislative leaders struck a budget deal that promises a little less pain at the pump, help for working parents, and new tax breaks.
April 8 -
Government budgets are prepared with “wild, wild west” accounting rules.
August 27Truth in Accounting -
At least 39 states did not have enough money to pay all of their bills at the end of 2019, leaving them ill-prepared to shoulder the costs of the novel coronavirus pandemic, according to a new report.
September 22 -
The economic stimulus plan released by Senate Republicans offers no new money for states and cities to cope with swelling budget shortfalls, leaving them to contend with a grave financial crisis that’s already forcing them to slash spending, furlough workers and delay projects as tax revenue disappears.
July 28 -
As state finances across America are upended by the coronavirus, almost all of them face the same, self-imposed, problem: how to balance their budgets.
May 22 -
The good intentions behind balanced budget requirements in states and cities have been circumvented by the shoddy accounting practices used in the budget process.
February 25Truth in Accounting