Notice: This is not a City of Long Beach site.

Dear Readers: Please note that this is not a City of Long Beach website and is not paid for nor maintained by taxpayer funds.

If you contact Gerrie Schipske through this site on any matter pertaining to the City of Long Beach, a copy of your contact will be forwarded to her official city email as an official public record.

Thursday, August 25, 2011

City Needs to Support Transparency in New Reporting Standards for Pensions

The Government Accounting Standard Board (GASB) sets standards of accounting and financial reporting for state and local governments. The Board is in the process of revising its standards and proposing significant improvements to standards for accounting and reporting of pensions that governments provide employees.


Click on the link to read the proposed standards. GASB is asking for public in put and response. I am going to ask our City Manager to make certain Long Beach weighs in about these standards -- supporting the transparency these standards provide.

Save Station 18

Popular Posts