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Navigating Fiscal Uncertainty: Risk Management Strategies for State and Local Governments

May 13, 2025
Article

Navigating Fiscal Uncertainty: Risk Management Strategies for State and Local Governments

May 13, 2025

This article, the first in our three-part series, explores budgetary risk management in uncertain times, offering a framework to assess risks, strengthen forecasting practices, and implement real-time monitoring systems. We provide practical insights and examples to help finance leaders balance fiscal discipline with flexibility, ensuring their organizations remain resilient through economic and political turbulence.

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Article

SLFRF Recipients Considerations for Navigating Reporting Requirements

May 5, 2025
Article

SLFRF Recipients Considerations for Navigating Reporting Requirements

May 5, 2025

On March 25, 2025, The U.S. Department of the Treasury (Treasury) issued an alert to recipients of Coronavirus State and Local Fiscal Recovery Funds (SLFRF) awards, emphasizing its commitment to monitoring the appropriate obligation of all SLFRF funding by the December 31, 2024, deadline.

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Article

Considerations for Nonprofits, Healthcare Entities, and State and Local Governments following President Trump’s March 4, 2025, Address

April 2, 2025
Article

Considerations for Nonprofits, Healthcare Entities, and State and Local Governments following President Trump’s March 4, 2025, Address

April 2, 2025

President Donald Trump’s March 4, 2025, address to Congress outlined a series of policy initiatives with significant financial and operational implications for nonprofits, healthcare entities, and state and local governments — especially those that rely on federal funding.

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Case Study

Helping the Army Streamline Critical Account Review Processes Through Automation

March 24, 2025
Case Study

Helping the Army Streamline Critical Account Review Processes Through Automation

March 24, 2025

Learn how BDO helped the United States Department of the Army, Army Materiel Command (AMC) address a manual, time-intensive reporting process and reduce the risk of error by automating monthly reports.

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