#budget-audit

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fromNextgov.com
20 hours ago

OMB's examination of Mythos is 'not giving access to anything to agencies,' official says

OMB is not giving access to anything to agencies, according to a spokesperson, despite the administration's interest in the powerful Mythos AI model that identifies digital vulnerabilities.
Washington DC
Marketing
fromEntrepreneur
1 day ago

How Pricing Decisions Change When the CFO Is in the Room

CFO involvement in pricing enhances cost visibility, improves margins, and ensures alignment between finance and commercial teams.
fromNextgov.com
21 hours ago

Sessions introduces bill to set up a new Treasury fraud watchdog

"During COVID, we learned that it is far too easy to commit fraud in federal programs. We also learned that once the money goes out the door to a fraudster, the vast majority is gone for good."
US politics
Boston
fromBoston.com
1 day ago

'That comes with a price tag': How snow removal is busting town budgets

Massachusetts municipalities face severe budget shortfalls due to record snowfall and climate change-related extreme weather events.
SF politics
fromSan Jose Spotlight
1 day ago

Op-ed: Public safety and fairness are not expendable budget items - San Jose Spotlight

Budget cuts in Santa Clara County threaten the effectiveness of the District Attorney's and Public Defender's Offices, impacting public safety and legal representation.
fromwww.aljazeera.com
1 day ago

More than $5 trillion in US taxes. Who gets it?

Trillions flow into the United States government on Tax Day, yet a significant share is directed toward war and defense contractors, rather than essential services.
Non-profit organizations
Digital life
fromFast Company
3 days ago

This new website is like Spotify Wrapped for your tax dollars

Tax Wrapped provides a personalized breakdown of individual tax contributions to federal spending, enhancing financial literacy in a user-friendly format.
fromwww.berkeleyside.org
3 days ago

Layoffs, service cuts, sales tax hike: How Berkeley plans to close a nearly $30M budget deficit

Without the half-percent sales tax increase, which would generate an estimated $9 million per year for the city's general fund if voters approve it this November, Berkeley could face deeper cuts including shuttering a fire station, laying off police officers and reducing hours at city pools and recreation centers.
East Bay real estate
Retirement
fromEntrepreneur
4 days ago

More Taxpayers Are Cheating. Here's Why 'The IRS Isn't Going to Catch Me' Is the New Strategy.

IRS workforce reductions lead to decreased audits and increased taxpayer noncompliance, costing the government significantly in revenue.
US news
fromwww.npr.org
3 days ago

Tax season was supposed to bring big refunds. So far they're less than expected

Tax refunds this season are larger but not meeting expectations, leading to disappointment among taxpayers.
Science
fromFuturism
4 days ago

There's Something Extremely Shady About Trump's Disastrous New NASA Budget

The White House proposed a 47% cut to NASA's science budget for 2027, reflecting an anti-science agenda.
#new-york-city
fromwww.amny.com
2 weeks ago
New York City

Op-ed | A responsible path forward for New York City's budget | amNewYork

New York City's budget process is a complex negotiation that impacts community investment and addresses fiscal challenges.
fromwww.amny.com
4 weeks ago
New York City

NYC BUDGET: Another rating company issues negative financial outlook as City Hall grapples with big deficit | amNewYork

New York City's financial outlook was revised to negative by KBRA, following similar actions by Moody's and S&P, due to budget concerns.
New York City
fromStrongtowns
5 days ago

New York City and the Myth of a Balanced Budget | Strong Towns

New York City faces a significant budget gap despite its economic success, raising questions about the nature of the financial issues at hand.
NYC politics
fromwww.amny.com
1 week ago

Editorial | Building a responsible budget at City Hall | amNewYork

Mayor Mamdani and Speaker Menin present competing budget plans to address a $5.9 billion deficit in New York City.
New York City
fromwww.amny.com
2 weeks ago

Op-ed | A responsible path forward for New York City's budget | amNewYork

New York City's budget process is a complex negotiation that impacts community investment and addresses fiscal challenges.
New York City
fromwww.amny.com
4 weeks ago

NYC BUDGET: Another rating company issues negative financial outlook as City Hall grapples with big deficit | amNewYork

New York City's financial outlook was revised to negative by KBRA, following similar actions by Moody's and S&P, due to budget concerns.
Public health
fromwww.theguardian.com
6 days ago

Trump's new budget ignores dying Americans and gives away record sums to the US military

Americans face high avoidable deaths due to inadequate healthcare access and rising costs, with significant budget cuts proposed for health services.
San Francisco
fromPadailypost
1 week ago

Opinion: How to convince voters to raise taxes? Cry wolf

Bay Area leaders are using fear tactics to push for a half-cent sales tax increase for mass transit, framing it as a citizen initiative.
US Elections
fromFast Company
1 week ago

This overlooked tax detail could make today your real deadline

Tax returns mailed to the IRS must be postmarked by April 15, with potential delays due to USPS operations.
Washington DC
fromFortune
4 days ago

'We have to be able to walk and chew gum' on government spending, says budget chairman, addressing both debt crisis and national security demands | Fortune

The U.S. government faces funding challenges for mandatory spending and military endeavors, with disagreements over DHS funding complicating the budget process.
US politics
fromAxios
3 days ago

Scoop: Collins plans to grill six Cabinet officials on Trump's budget

Bipartisan appropriations talks are being encouraged as an alternative to reconciliation for funding government agencies.
#taxes
SF politics
fromLos Angeles Times
4 days ago

Fraud allegations, fires, federal cuts: What's in L.A. County's $48.8-billion budget plan

L.A. County allocates $2.7 million to investigate fraud in sex abuse lawsuits amid rising claims and federal funding cuts.
New York City
fromwww.amny.com
5 days ago

Mamdani's first 100 days milestone ends where governing begins: The budget, and fixing a $5.9 billion hole | amNewYork

Mayor Zohran Mamdani's first 100 days focus on demonstrating government effectiveness, with the upcoming budget fight as a critical test of his leadership.
Canada news
fromwww.cbc.ca
1 week ago

Ontario municipalities say they're at critical' point, call on province to fill $4B funding gap | CBC News

Municipalities in Ontario face a $4 billion funding shortfall for provincial responsibilities, impacting infrastructure projects and social services.
Law
from24/7 Wall St.
2 weeks ago

Dave Ramsey Tells Tutor With $24,000 IRS Debt to Pay the Government First in Her $94,000 Debt Snowball

Prioritize IRS debt over other debts due to its unique enforcement powers and penalties.
Careers
fromFast Company
2 weeks ago

The hidden budget line destroying your bottom line

High employee turnover costs companies between $1.1 million and $4.4 million annually due to poor hiring decisions.
UK politics
fromIrish Independent
4 days ago

'There's a rainy day fund. It's pouring now' - Michael Healy-Rae says government support isn't enough as he resigns as minister

Michael Healy-Rae resigned from Government, stating the support package was insufficient and the leadership has lost its way.
East Bay (California)
fromThe Oaklandside
2 weeks ago

Oakland made a big financial mistake failing to collect business taxes, audit finds

Oakland failed to collect owed business taxes, exacerbating financial crises and limiting revenue needed for essential services.
fromTheregister
5 days ago

Veterans Affairs software licensing under fire in GAO report

The VA identified its five most widely used software vendors with the highest quantity of licenses installed, but faced challenges in determining whether it was purchasing too many or too few of these software licenses.
Non-profit organizations
EU data protection
fromComputerWeekly.com
3 weeks ago

UK government lacks ambition to fight tax fraud, says PAC | Computer Weekly

The UK's PAC criticizes the government for failing to modernize technology to combat tax fraud and error, costing taxpayers billions annually.
SF politics
fromPOLITICO
2 weeks ago

'Paradigm shift:' How Trump's budget request will keep everyone guessing

The Supreme Court's decision on pocket rescissions could significantly impact budget negotiations and the power of the Office of Management and Budget.
Washington DC
fromNextgov.com
2 weeks ago

Civilian agencies face 10% cuts in Trump's 2027 budget

President Trump proposed a $2.2 trillion fiscal 2027 budget with increased defense spending and cuts to non-defense agencies.
Digital life
fromPsychology Today
3 weeks ago

Holding Money vs. Seeing the Numbers

Many Americans feel anxious about financial security despite positive bank balances due to a disconnect between digital money and tangible assets.
fromwww.cbc.ca
3 weeks ago

Ontario Sunshine List revealed: See the top 100 public sector employees earning over $100K last year | CBC News

"Over 50 per cent of this year's growth was driven by municipalities, which includes local police and fire services whose work continues to protect Ontario communities."
Canada news
fromNextgov.com
3 weeks ago

Agency data leads worry about staff capacity to tackle statutory requirements, survey finds

Among the 189 CDO and other data leader respondents to the annual survey conducted by the nonprofit, nonpartisan Data Foundation, about 40% said they had lost six or more employees last year.
EU data protection
SF politics
from48 hills
2 weeks ago

SF budget picture improves as mayor tries to cut the tax that is part of the recovery - 48 hills

San Francisco's financial outlook is improving, driven by increased tax revenues, particularly from high-end real estate transactions.
NYC politics
fromReason.com
4 weeks ago

Mamdani might raid a severely underfunded retiree fund to balance New York City's bursting budget

New York City faces a severe fiscal crisis driven by $260 billion in long-term liabilities, primarily from public pensions and retiree health care costs that threaten funding for essential services.
fromTheregister
3 weeks ago

Wales used Copilot to justify axing publicly funded body

I was alarmed and made a point to the board that the review refers to Microsoft Copilot as being used to evaluate the returns. I don't think you can rely on artificial intelligence to do that. It's just wrong.
UK politics
New York City
fromFOX 5 New York
3 weeks ago

NYC Council launches public dashboards for budget expenses, projected revenue

The city council launched public budget dashboards to enhance transparency in budget expenses and revenue expectations.
New York City
fromwww.amny.com
3 weeks ago

NYC BUDGET: City Hall approves first round of savings after Mamdani told agencies to tighten belts | amNewYork

Mayor Zohran Mamdani's administration identified over $1.7 billion in savings to address NYC's budget gap through various efficiency measures.
Business intelligence
fromFortune
1 month ago

Something big is changing in auditing | Fortune

AI will fundamentally redefine auditing over the next three to five years, with internal audit teams increasingly governing AI models while automation saves up to 40% of audit time.
Bootstrapping
fromEntrepreneur
1 month ago

Why Chasing More Revenue Won't Fix Your Financial Struggles

Pursuing revenue growth without stabilizing internal systems, costs, and processes amplifies inefficiencies and creates fragile, unsustainable businesses instead of profitable ones.
East Bay (California)
fromThe Oaklandside
1 month ago

Police oversight board needs more resources and authority, Oakland auditor says

Oakland's Police Commission is severely understaffed, preventing it from fulfilling its oversight responsibilities and delaying the police department's two-decade federal reform program.
fromNextgov.com
1 month ago

Vought takes aim at GAO in new guidance

Doing so has failed to prioritize agency internal control processes to adequately protect American taxpayer dollars, leading to documented examples of widespread abuse. Prior versions of OMB's guidance have overly deferred to the direction and priorities of external entities whose views are not binding on the Executive Branch, such as the Government Accountability Office.
Washington DC
New York City
fromwww.amny.com
1 month ago

Editorial | NYC spends too much money. It's time to get things under control. | amNewYork

New York City faces a $7.3 billion budget deficit over two fiscal years due to chronic overspending relative to revenue, with structural imbalances threatening municipal bond ratings.
Washington DC
fromAdvocate.com
1 month ago

Pentagon spent more on lobster in one month than it did on trans health care all year

The Department of Defense spent $93.4 billion in September 2025, including millions on luxury items like lobster, steak, and a grand piano, while arguing transgender military healthcare is financially burdensome.
SF politics
fromwww.dw.com
1 month ago

Why Kenya's 'massive' State House budget raises eyebrows

Kenya's State House budget nearly doubled to Sh16.9 billion, sparking debate about spending priorities, though comparisons with other countries overlook structural differences in how presidential costs are allocated across government agencies.
Fundraising
fromBusiness Matters
2 months ago

Which Grant Management Tools Are Best for Government Agencies?

Cloud-based grant management software helps government agencies organize workflows, track metrics, run reports, improve recordkeeping, and support implementation through configurable products and vendor support.
fromPortland Mercury
2 months ago

Portland Housing Bureau Finds Millions More in Unspent Funds

The Portland Housing Bureau has found additional unspent dollars in its coffers, adding to the previous $21 million it found through an audit last year. It is unclear exactly how much money is in the fund, but Council President Jamie Dunphy called councilors over the weekend to tell them they would soon learn of the specifics of what was found in the Housing Investment Fund. He told the Mercury February 2 that he did not yet know how much total funding was available.
Portland
Growth hacking
fromEntrepreneur
2 months ago

These 6 Budgeting Moves Matter Most in 2026

Flexible, living budgets and rapid micro-tests let founders reallocate spending, seize growth amid uncertainty, and favor focused offers and retention over rigid, large-scale bets.
London politics
fromwww.standard.co.uk
1 month ago

The scandal of London councils' spending black holes

Local government councils raise council tax without demonstrating clear value or exploring efficiency improvements that private sector organizations routinely implement.
fromComputerWeekly.com
2 months ago

College of Policing accounts 'disclaimed' by auditor for second year in wake of IT failure | Computer Weekly

The accounting watchdog said that, although there had been no new financial issues, it "disclaimed" the college's latest 2024-25 accounts because of the continuing "fallout" from financial reporting problems that resulted from a problematic IT project. "We were not able to provide a complete opinion on the opening position or in-year transactions for 2024-25, both of which are heavily derived from the closing position of the prior year," it added.
UK news
Major League Baseball
fromTalkNats.com
1 month ago

It's all about the money..... and the lack thereof! | TalkNats.com

MLB's revenue-sharing model and absence of a salary cap produce low profitability, encourage cost-minimizing ownership, and require CBA reforms for competitive balance.
fromBrooklyn Eagle
2 months ago

Mamdani blames "Adams Budget Crisis" for $12B NYC shortfall

CITY HALL - MAYOR ZOHRAN MAMDANI said New York City faces a projected $12 billion budget shortfall across fiscal years 2026 and 2027, according to a press release. He blames the "staggering" fiscal mismanagement by former Mayor Eric Adams for underbudgeting core services like cash assistance, shelter operations and special education. Mamdani also points to what he called intentional understatement of future gaps - citing, for example, $860 million budgeted for FY26 cash assistance versus projections nearing $1.7 billion -
Brooklyn
fromTheregister
1 month ago

UK Treasury unsure about joining 1.7B program it is funding

In principle, all the departments are supportive of the Shared Services Strategy. However, HM Treasury and the Department for Education (DfE), who currently have modern ERPs and are both in the Matrix cluster, have indicated they would welcome more information through the business case about likely costs for them before they assess that onboarding is feasible and value for money.
UK politics
California
fromThe Mercury News
2 months ago

Increased policing costs may tip Saratoga into a budget deficit

Saratoga faces a potential budget shortfall after the Santa Clara County Sheriff's Office proposed a 33% ($2.9 million) increase to its public safety contract.
#budgeting
Education
fromLondon Business News | Londonlovesbusiness.com
2 months ago

SEND crisis: Vast majority of councils warn of insolvency and call for reform amid huge deficits - London Business News | Londonlovesbusiness.com

Eight in ten councils expect insolvency by 2028/29 due to rising SEND high-needs deficits unless the Government writes off deficits and reforms the system.
Canada news
fromwww.cbc.ca
2 months ago

Ontario aiming for balanced budget by 2027. But province's financial watchdog predicts target won't be hit | CBC News

Ontario is not on track to balance the budget by 2027 and faces a projected $8.5 billion deficit in 2027–2028 with rising cumulative debt.
New York City
fromNews 12 - Default
1 month ago

'Why is our budget so out of whack?' NYC comptroller testifies on multibillion-dollar budget gap

Mayor Mamdani faces a $5.4B budget gap for fiscal year 2027 and must choose between a wealth tax or property tax increases to balance the $127B budget by June.
UK news
fromLondon Business News | Londonlovesbusiness.com
2 months ago

Emergency government bailouts needed by third of councils over next three years - London Business News | Londonlovesbusiness.com

Over a third of councils and nearly half of social care councils are likely to need emergency government bailout agreements to set budgets within three years.
Fundraising
fromNature
1 month ago

The funding system needs fixing - but it's not a 'waste of time and money'

A single Horizon Europe funding call consumed more researcher and funder time than the awarded funds, creating a net drain on scientific resources.
US politics
fromNextgov.com
1 month ago

Contract reviews continue at OMB, official says

OMB is leading a government-wide review to cull and reform IT contracts, emphasizing commodity IT and empowering CIOs in procurement and budgeting.
California
fromLos Angeles Times
2 months ago

Contributor: How California can escape its boom-and-bust budget woes

California's budget volatility stems from heavy reliance on personal income tax, large mandatory spending, and weak accountability, risking large deficits despite short-term surpluses.
fromBusiness Insider
2 months ago

The Marines pulled off another clean audit. The rest of the US military still hasn't.

The Department of Defense, which was recently authorized to receive a new annual budget of nearly $840 billion a year and could see a substantial increase to $1.5 trillion under the current Trump administration, has consistently failed to pass an audit since audits became legally required for the military in 2018. Pentagon officials hope the military can get its books in order across the services and pass one by 2028.
US politics
Canada news
fromwww.cbc.ca
2 months ago

City staff stealing packages, working other jobs on sick leave: What Toronto's auditor uncovered in 2025 | CBC News

Employee fraud, mismanagement, and attempted multimillion-dollar scams caused financial loss, damaged morale, and led to disciplinary bans from Toronto's workforce.
fromSilicon Canals
2 months ago

If you do these 7 things to save money, you have a level of financial discipline most people lack - Silicon Canals

Let me get straight to the point: Three years ago, I was spending $200 a month on coffee shop visits while telling myself I couldn't afford to max out my retirement contributions. The irony wasn't lost on me when I finally sat down with a spreadsheet and saw where my money was actually going. That wake-up call came right after watching my dad get passed over for yet another promotion, despite working harder than anyone else in his department.
Retirement
fromBrooklyn Eagle
2 months ago

Mamdani orders new 'Chief Savings Officers' at city agencies

Under Executive Order 12, according to a press statement from the city, each agency will now have five days to appoint an existing senior employee as Chief Savings Officer and grant them the relevant staff and information. This employee will have 45 days to complete a comprehensive assessment of their agency's spending, analyzing the most expensive programs to understand major drivers of cost, as well as the highest-performing programs, to try to replicate successes.
US politics
UK politics
fromTheregister
2 months ago

The UK government isn't spending much taxpayer cash on X

Most UK government departments ceased paid spending on X since July 2024, while the Department for Education spent £27,118.
fromwww.cbc.ca
2 months ago

Toronto city council will debate Chow's proposed budget today. Here's what's on the table | CBC News

The total proposed 2026 operating budget amounts to $18.9 billion, with 31 per cent being covered by property taxes and 24 per cent made up of federal and provincial funding. The rest is made up of smaller measures, including rate programs (12 per cent), transit fares (six per cent), and reserves (nine per cent). Chow submitted her budget proposal on Feb. 1, based on a city staff proposal put forward on Jan. 8.
Canada news
US politics
fromBoston.com
2 months ago

State auditor sues Beacon Hill to force compliance with audit

State Auditor Diana DiZoglio sued to enforce voter-approved authority to audit the Massachusetts Legislature after legislative refusal and without Attorney General support.
#reform-uk
from48 hills
1 month ago

The real story behind Muni's budget deficit - 48 hills

Despite some idealistic intentions, that framework is in fact what put Muni in the financial hole in the first place. Working from a scarcity mindset, namely trying to preserve an already pilfered service, is a losing battle. To guarantee the service that citizens and workers expect from a city like San Francisco requires a committed vision of the future, one that centers Muni as the public good that it is.
SF politics
US politics
fromTruthout
2 months ago

White House Orders Federal Funding Probe Focused Almost Entirely on Dem States

The OMB is reviewing federal funding in predominantly Democratic-led states to identify alleged fraud and potentially limit federal aid.
fromwww.bbc.com
2 months ago

County council facing 'effective bankruptcy'

"If we don't get what we need [in terms of extra government help] then a Section 114 Notice will come in, which is effective bankruptcy. We'd then get administrators come in, in effect - they'd then make a plan for where the money gets spent in Worcestershire. It would be a catastrophe. We're going to have to halt projects that were put into the budget by the previous administration, things that maybe were 'nice to have', but we can't afford them."
UK politics
fromIntelligencer
2 months ago

USAID's Remaining Funds Are Paying for Vought's Security Detail

By 2026, the agency was a shell of its former self. Most of its contracts were terminated and thousands of employees fired as the administration moved to wind down the agency's operations. A recent study published in The Lancet medical journal predicts that the USAID cuts, in concert with reductions from other western nations, could result in the deaths of 9.4 million people around the world by 2030 and increase the spread of malaria, HIV/AIDS, and tuberculosis.
US politics
UK politics
fromwww.theguardian.com
1 month ago

OBR a backseat driver with out-of-date maps, thinktanks tell Rachel Reeves

Thinktanks urge Chancellor Rachel Reeves to reform the Office for Budget Responsibility to enable increased public investment and reduce short-termist policy decisions.
US politics
fromFortune
2 months ago

'Nothing short of self-sabotage': Watchdog warns about national debt setting new record in just 4 years | Fortune

U.S. national debt will rise to 120% of GDP by 2030, surpassing the World War II peak and severely constraining fiscal flexibility.
US politics
fromDailycaller
2 months ago

DOD Breaks Down Just How Much Money Biden Admin Telework Policy Wasted

The Department of War OIG found at least $665,000 questionably paid in locality pay due to poor telework recordkeeping and inconsistent internal policies.
fromwww.npr.org
2 months ago

The Education Department's efforts to fire staff cost over $28 million, watchdog says

A new report from a government watchdog suggests the Trump administration's efforts to fire staff at the U.S. Department of Education cost taxpayers tens of millions of dollars. The report, from the nonpartisan U.S. Government Accountability Office (GAO), focuses on the department's Office for Civil Rights (OCR), which investigates complaints of discrimination in schools based on students' sex, race, national origin, disability and more.
US politics
UK politics
fromwww.bbc.com
2 months ago

Emergency loans offered to civil servants waiting on pensions

Civil servants facing pension-payment delays are offered interest-free hardship loans up to 10,000; urgent cases prioritised and extra staff hired to clear the backlog.
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