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City as Employer: Preparing for New Financial Transparency Reporting Rules

10:45 AM - 12:15 PM
November 18, 2017
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Four out of five cities indicate that health benefit costs have increased in the past year. Add to this new financial reporting requirements from the Government Accounting Standards Board (GASB), making these expenses more transparent than ever and thus subject to increased scrutiny. City leaders must be informed and clear on their role in working with staff on this emerging fiscal and communications challenge. This workshop will help city leaders prepare for the GASB ruling pertaining to transparency of financial reporting of Other Post-Employment Benefits (OPEBs). Participants will also learn strategies to communicate these newly visible liabilities to constituencies, including employees, the media and investors.

 

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