1 / 46

Financial Transparency and Communicating With Citizens Ann Ebberts, PMP AGA CEO May 2018

Financial Transparency and Communicating With Citizens Ann Ebberts, PMP AGA CEO May 2018. AGENDA - Transparency Driven by Legislation - Data – What is It Good For? - Communicating with Citizens. Transparency ….

misha
Download Presentation

Financial Transparency and Communicating With Citizens Ann Ebberts, PMP AGA CEO May 2018

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Financial Transparency and Communicating With Citizens Ann Ebberts, PMP AGA CEO May 2018

  2. AGENDA- Transparency Driven by Legislation- Data – What is It Good For?- Communicating with Citizens

  3. Transparency … • Definitions include words like: openness, accountability, straightforwardness and candor • Aspects of transparency relevant to management practice: • information disclosure • clarity, and • accuracy Transparency is not an end in itself, but a tool that helps improve outcomes.

  4. http://analytics.usa.gov 4/24/2018

  5. Transparency Driven By Legislation

  6. Public Sentiment • Public opinion of federal government is low • Citizens can’t find reliable information • “How much money is being spent? • “What are we getting for our tax dollars?” • Government financial reports are hard to understand

  7. Federal Legislation 1990 – The Chief Financial Officers Act • Created OMB positions for the Deputy Director of Management and the Controller • Provide for improvement of systems of accounting, financial management, and internal controls to assure the issuance of reliable financial information and to deter fraud, waste, and abuse • Provide for the production of complete, reliable, timely, and consistent financial information for use by the executive branch of the Government and the Congress

  8. Associated Federal Legislation • 1993 - Government Performance and Results Act • 1996 - Federal Financial Management Improvement Act • 2002 - Improper Payments Information Act • 2006 - Federal Funding Accountability and Transparency Act • 2009 - The American Recovery and Reinvestment Act • 2010 - Improper Payments Elimination and Recovery Act • 2011 - Government Performance and Results Modernization Act • 2013 - Improper Payments Elimination and Recovery Improvement Act • 2014 - Digital Accountability and Transparency Act • 2014 - Government Reports Elimination Act • 2015 - Fraud Reduction and Data Analytics Act • 2016 - Grants Oversight and New Efficiency Act • 2016 - Program Management Improvement and Accountability Act

  9. AGA Picture

  10. USA Spending.gov • USASpending.gov

  11. www.USAspending.gov – FY17 Total Spending

  12. USASpending.gov FY 18 Spending (Q1)

  13. https://datalab.usaspending.gov/contract-explorer.html

  14. https://fedspendingtransparency.github.io/data-lab/

  15. All USDA WorkforceUSDA Accounting & Budget

  16. www.USAspending.gov – FY17 Total Spending a

  17. FY 17 -- Total Spending Per Capita

  18. FY 17 – Per Capita . . . . Some Details

  19. DATA . . . What Is It Good For?

  20. Walking in the rain

  21. Examples of Users of Financial Data: USAFACTS.org Truth in Accounting

  22. USA Facts

  23. Our Nation in Numbers

  24. Some Findings from the Survey: • Americans are numbers junkies and 88% prefer fact and figures, in an analyzed form (not raw data) • Americans have little trust in the data they see from state, local or federal governments, yet believe elected officials should use data to inform decision making • 88% believe a single source of information is critical to an informed debate • People are interested in how they personally compare with others: • Salaries for job categories and in certain locations, housing prices, tax rates, availability of services, etc.

  25. Harris Poll

  26. Truth in Accounting (TIA): “Financial State of the States – 2016” • www.truthinaccounting.org • www.statedatalab.org • Report released September 2017 • $1.5 T in unfunded debt, $832.6 B in pension debt

  27. 50 State Ranking • Burden Grades: • A: Surplus >$10K • B: $100 – 10K • C: $0 - $4,900 • D: $5K - $20K • F: > $20K

  28. Timely or Tardy? Days after end of Fiscal Year End: “Tardy states” did not publish their financial reports within the 180-day deadline. * Alabama and New Mexico had still not published their 2016 CAFRs as of June 30, 2017.

  29. Truth in Accounting (TIA) a: “Financial State of the Cities” www.truthinaccounting.org www.statedatalab.org Released January 2018 • Ranks 75 most populous cities • $335.4B in unfunded debt • $210.7B in pension debt • $119.5B in retiree healthcare • Remaining $ (other post employment benefits)

  30. Truth in Accounting Truth in Accounting (TIA) Washington DC: • Taxpayer Burden: +$1,300 • Grade: B • A surplus!!! • Timely Submission 171 Days • Officials promise only what is affordable • Well-funded pension and retiree healthcare plans

  31. Who Else will Use the Data? • CFOs, auditors, inspectors general…. • Government executives and program managers • State and local policy-makers and managers • Private entrepreneurs • Oversight entities • Academics/ researchers • General public How do (or will) YOU use the data???? • Who Else Will Use the Data?

  32. Communicating with Citizens Communicating with Citizens

  33. USDA -- Seeking Input from Customers, Citizens

  34. Picture of Men entering an AGA Office

  35. Citizen-Centric Reporting (CCR) – since 1997!Fostering innovative means of communication between governments and their citizenry www.agacgfm.org/ccr • “Giving the citizens numbers they can understand.” • -Governing • “A government’s obligation to the people for its actions and use of resources” • - AGA’s definition of accountability . . . Access to spending data is a first step. The CCR provides a next logical step to informing our citizens.

  36. CCR: Page 1 • Vision Statement • Basic demographics • Strategic goals and accomplishments This CCR – Created by AGA’s Government Case Challenge winning team – NC State University! CCR: Page 1

  37. CCR: Page 2 • Key service areas • Progress toward strategic goals or deliverables • Demonstration of accomplishments (2-5 years) for non-financial outcomes CCR: Page 2

  38. CCR: Page 3 • Revenue and cost data for major delivery areas • Well-labeled charts, graphs and tables • Reference audit conducted • Provide URL for more detailed financial information CCR: Page 3

  39. CCR: Page 4 Challenges, moving forward: • Economic changes • Tax cuts or increases • Unemployment • Education • Environmental aspects • Ask for feedback CCR: Page 4

  40. Examples of Federal Agencies that Create CCRs Architect of the Capital Department of Homeland Security Federal Aviation Administration US Patent and Trademark Office

  41. Communicating with Citizens via the CCR • Benefits of creating a CCR for your agency: • Simplicity, clarity of data presentation -- demographics, finances, services, challenges, accomplishments • Clear line of sight from spending to results • Engagement with the public • Send your CCR to AGA to receive comments, suggestions for improvement – ccr@agacgfm.org • AGA recognizes well designed and informative CCRs with an AGA Certificate of Excellence • AGA recently cited by Public Interest Research Group for progressive work with CCR (page 30 of the report) https://uspirgedfund.org/reports/usf/following-money-2018 • Communicating with Citizens via the CCR

  42. Check out AGA’s 2018 Spring Journal • Agile Project Management on Government Finance Projects • Collaboration Between Resourcing and Operations – Keys to Mission Success • The March of the Robots • Applying the Basics of Federal Financial Management to SaaS Delivery Models • Digital Finance – The Robots are Here • The Evolution of Federal Financial Reporting to Digital Financial Reporting . . . and more . . . Check out AGA’s 2018 Spring Journal

  43. What will YOU write about?Submit your article online: www/agacgfm.org/resources • no more than 2,500 words; • original work • accompanied by a 50-word (or fewer) abstract and concise author biographies

  44. FREE AGA Tools for YOU!Tools, Checklists, Guides, Research, ERM Daily Newsfeedand more….Visit:www.agacgfm.org/intergov

  45. AGA – Upcoming Events • Professional Development Training – July 22-25, Orlando, FL • More than 90 sessions to choose from ( up to 24 CPEs) • Two Executive sessions: • Sunday Session – Developing Alternative Approaches to Human Capital Challenges • New “Tech Tuesday”– Executives Explore Technology Initiatives, Challenges and Successes in Gov’t • Internal Control & Fraud Prevention – Sept 21-22, Wash DC • Two days – Successful approaches to big problems

  46. Reach to me – Ann Ebberts aebberts@agacgfm.orgCheck out our website: www.agacgfm.org

More Related