| MICHIGAN’S CREDIT QUALITY OUTLOOK AND LOCAL IMPACT |
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While daily accounts of the State's budget situation capture our attention, it is equally interesting to see how Michigan is viewed by fiscal analysts outside our State. In a March 12, 2007 publication on Public Finance, Standard and Poor's reveals that Michigan (AA/Negative) is the only state with a negative outlook. They report that this is due to a struggling economy and a sizable structural imbalance.
For more information, please click on Full Article below. |
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| PERFORMANCE MEASUREMENT – PART 3: DEVELOPING AND REPORTING MEASURES |
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Previously in Footnotes, we discussed the steps to develop performance measures in order to provide management with data to make decisions. In this issue, we describe different types of performance measures and how to develop those measures. Further, we examine options for reporting performance results.
For more information, click on Full Article below. |
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