Does anyone have any employees that telecommute from out of stat... moreDoes anyone have any employees that telecommute from out of state? Other than payroll taxes, did you find there were any legal concerns that needed to be addressed before you allowed them to do so?Now that telecommuting is more popular we are reviewing a permanent telecommuting policy. Due to our location we potentially have employees that may work from home in 3 different states (SC, GA, TN). We are trying to do our due dilligence in regards to remitting payroll taxes correctly but our legal team is concerned there may be other aspects of working in another state that could create an unknown liability for us. less
We have a major repair that is needed at our wastewater treatmen... moreWe have a major repair that is needed at our wastewater treatment plant that has been proposed for a little over $32,000. I see in G.S. 143-131 that we need to have informal bids for construction or repair work over $30,000 to $500,000. How would we handle this if we don't know of another company to get another proposal from?
Web Module: Eco... moreHere are some resources you might find helpful:
Web Module: Economic Development Tools and Strategies.
Upcoming course: Essentials of Economic Development
Blog Posts at the Community and Economic Development Blog (https://ced.sog.unc.edu/)
When May NC Local Governments Pay an Economic Development Incentive?
Legal and Business Reasons Why Downtown Development Programs Should Involve Secured Loans—Not Grants
Notice and Hearing Requirements for Economic Development Appropriations
Local Government as Lender: Emergency Loans for Small Businesses
See other blogs at this website: https://ced.sog.unc.edu/. less
We are looking for ideas on how to incentivize businesses to bui... moreWe are looking for ideas on how to incentivize businesses to build and develope in town. What types of economic incentive programs or grants are other small towns offering to businesses? Are you also seeking grants or private partnerships to assist with development projects? Any ideas that you can share will be much appreciated.
Tammy,Do you plan to put stormwater in its own fund? If so, the ... moreTammy,Do you plan to put stormwater in its own fund? If so, the fund number would be up to you. We use 336. Many smaller municipalities only use two numbers for their funds so maybe use 36. The other accounts would remain the same as your major funds, 2600 or 26000 for advertising, 33000 or 3300 for supplies etc. depending on your account structure for other funds.Hope this helps.
I was hoping that someone would have a chart of accounts structu... moreI was hoping that someone would have a chart of accounts structure for a stormwater fund. If you could please share I would greatly appreciate it.Thank YouTammy
This isn't a policy, per se, but just a reminder that meals are ... moreThis isn't a policy, per se, but just a reminder that meals are regulated by Internal Revenue Code (see Publication 15-B, https://www.irs.gov/pub/irs-pdf/p15b.pdf). Employer-paid meals are generally taxable to the employee as compensation unless you can show that they are rather infrequent (exlcuded as de minimis, see page 17) and/or are provided for the convenience of the employer. Typically that means that you provide them in conjunction with employees working overtime (pages 18 and 19).Jason less
We just had this situation happen to us. Apparently there ... moreWe just had this situation happen to us. Apparently there was a 6 month waiting period before new employees could receive benefits. The former employee has submitted the application to purchase that time and is paying 100% of the cost.
Good morning Kim,I am fairly new to the state as well so I can't... moreGood morning Kim,I am fairly new to the state as well so I can't say for sure, but I believe there was a 6 month waiting period before employees were eligible to start contributing to the state. At least I have seen that here a few times and also talked to an employee who started back in 2003 who said she had to wait 6 months and was given the option to purchase that time on her own. She could not remember exactly when that changed but thinks it was around 2012.Since I can't say any of this with certainty I would also be interested if someone had more information about this. The employees I spoke to don't know why it changed or if employers paying any portion of that 6 months is an option. less
Good morning,The third of three blog posts with the results of t... moreGood morning,The third of three blog posts with the results of the 2021 Utility Fee Survey was posted this morning. If you're interested in taking a look at the results, you can see them here. Today’s post focuses on the remaining fees that weren't highlighted in the first two results posts. Thanks,Gary
Good Afternoon All, The NCGFOA Board is working on topics for th... moreGood Afternoon All, The NCGFOA Board is working on topics for the next conference and are seeking members who have practical tips for implementation of the new lease standard. If you are willing to share your approach and serve on a panel highlighting your work, please reach out to me at allison.bradsher@raleighnc.gov. Thanks in advance!
Good afternoon, everyone.We had a former employee contact me a f... moreGood afternoon, everyone.We had a former employee contact me a few months ago about his ORBIT not showing his time worked for our town back in 1999. When we reached out to the state, we found out he had to submit a form, that I had to verify his wages and time worked. We did all of that and they have responded back to him telling him how much it would cost for him to purchase that 6 months. My quesiton to you guys if you have been in that situation did your town/city pay the amount for the employee or prorate if any? He is coming to us know asking we pay the entire amount. And if anyone from that timeframe would know why there would not be any ORBIT submitted for him, please let me know. I wasnt' in Government then so didn't know if it started on day one like now or if there was a probationary period. I'm thinking they just missed it when they was doing payroll but told my Board I would ask. less
Registration for the NCGFOA Certified Finance Officer Exams on M... moreRegistration for the NCGFOA Certified Finance Officer Exams on May 27th and 28th opened today, Monday, May 3rd. The following links are for instructions on the registration process and for the registration links page directly.
REGISTRATION WILL BE AVAILABLE UNTIL TUESDAY, MAY 25TH AT 5:00 PM.
As an update, the next available Finance Officer Certification exams will be hosted on October 28 – 29, 2021.
Once registration has closed, complete information regarding instructions for access, technical support, and parameters of the exams themselves will be provided no later than Wednesday, May 26th. Please see our new Finance Officer Certification Exams microsite for more information about the examination process and cycle. More information about the whole certification process is available on Are You Certifiable 2.0?
Exam access will be from 8:00 a.m. – 3:00 p.m. each day the exams are being offered. Technical support, if needed, will only be available from 8:00 a.m – 5:0... less
A couple quick update... moreGood morning city finance officers,
A couple quick updates on American Rescue Plan funding as we continue to wait for additional spending guidance from the U.S. Treasury.
This week, the N.C. Senate considered SB 172 Additional COVID-19 Response & Relief. Among other things, that bill would set up the structure for the state to distribute funds from the federal American Rescue Plan to all nonentitlement cities that are not receiving funds directly from the federal government. The bill proposes to appropriate the ARP funds to the N.C. Office of State Budget & Management for distribution to cities. It passed one Senate committee this week and still needs to be considered by one additional committee and the full Senate before moving to the N.C. House for further consideration. We will keep you apprised of the bill and any additional details that are available as it makes its way through the legislative process.
In the meantime, in preparation for the distribution of ARP funds, the N.C. Pandemic ... less
Does anyone have guidance on enterprise wage allocations? Specif... moreDoes anyone have guidance on enterprise wage allocations? Specifically if you do the allocation of wage expenses from general fund to one of your enterprise funds do you have to do the allocation to all enterprise funds? We have one fund that the general fund usually has to transfer funds to in order to cover the expenses for the year, if we do the wage allocation within this fund we would basically be doing the entry for allocation then having to transfer funds in order for the enerprise fund to pay for these wage expenses.Any help is greatly appreciated!!!Tammy less
I am looking for a p-card policy/guidelines that address meals/f... moreI am looking for a p-card policy/guidelines that address meals/food for meetings purchases.
Have other units determined how they are going to record ARP gra... moreHave other units determined how they are going to record ARP grant funds in this fiscal year? How are you recognizing the grant funds without having determined how the funds will be spent? Are you including revenue and expenditure line items in your 21-22 budgets? Any suggestions, and ideas you are willing to share are greatly appreciated. I shared with our Town Manager that I would record as I would any other grant as a prepaid grant in this year and record expenses as they are incurred against the prepaid and he asked me to post on the list serve to gather information about how other units are accounting for the ARP Grant Funds. Thank you Shannon Twiddy less
