Federal Policy Updates

Fact Sheet: Promoting Financial Integrity and Operational Efficiency

Date: March 25, 2025
Category: Federal Policy Updates

President Trump signed an Executive Order promoting financial integrity, transparency, and efficiency by improving the Department of the Treasury’s ability to screen for improper payments and fraud, track transactions, and manage government disbursements. For Treasury to disburse funds, agency heads must comply with disbursement requirements that include ensuring that sufficient funds are available before obligations are incurred, verifying payee information, standardizing information reporting formats, confirming funds are being disbursed from appropriate sources, and implementing other verification and certification measures.   A copy of the fact sheet can be found here.

Considering the rate at which federal policy is being discussed and implemented, the Association has consolidated all relevant municipal announcements and information in a single location on the website. The posted information is organized by date and includes a brief description of the issue and access to links for more information.  Municipal officials are encouraged to visit this section of the website frequently, as updates are likely to be posted weekly, and at times, daily.