Category: Legal Alerts

Governmental Accounting Standards Board Requiring Additional Disclosures Effective June 15, 2018

April 12, 2018 By Dustin S. Cammack In Legal Alerts

April 12, 2018 – The Governmental Accounting Standards Board (“GASB”) recently issued a statement that requires disclosures of information not previously required. Statement No. 88 (“GASB 88”) says that governmental entities must make certain disclosures relating to debt, including direct borrowings and direct placements. These requirements are effective for reporting […]

Enforceability of HOA Fines

November 1, 2017 By Wendy N. Weigand In Legal Alerts

November 1, 2017 – The Arizona Court of Appeals held last week in Turtle Rock III Homeowners Assoc. v. Fisher that homeowners associations (“HOAs”) must have a written, promulgated schedule of fines in order to impose them against members, and the HOA must be able to prove that the fines are reasonable. […]

U.S. Supreme Court Decision May Affect Local Governments Appropriating Funds to Private Entities

July 14, 2017 By Susan D. Goodwin In Legal Alerts

A recent U.S. Supreme Court decision may require changes to how local governments manage grant and other publicly funded programs if religious entities are excluded from participation. On June 26, 2017, the Court decided the case of Trinity Lutheran Church of Columbia, Inc. v. Comer, Director, Missouri Department of Natural Resources. […]

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