The recent report, dubbed Transparent State and Local Financial Reporting: The Case for an Open Data CAFR, suggests that public agencies should embrace Comprehensive Annual Financial Reports (CAFR), a method that has already been put into place in Florida.
The Data Accountability and Transparency Act of 2014 (DATA Act) aims to dramatically improve internal management transparency by creating an open data set for federal spending. However, “DATA Act 2022: Changing technology, changing culture,” a study by Deloitte and the Data Foundation, revealed some potential challenges to the Act’s implementation that could diminish its benefits.
State and local governments could improve transparency and help lower borrowing costs for public projects by publishing their comprehensive annual financial reports as open data, according to a new report from Ames-based Workiva and the Data Foundation, an industry-focused open data research organization.
Over 50 federal employees across four teams are working to develop data definitions and strategies for government that will promote transparency and effective uses of the vast stores of information federal agencies produce every day, Suzette Kent said at an Oct. 10 Data Foundation event.
[Via Federal Times]
“We almost are paralyzed by ... data we can’t access and use,” Margaret Weichert, deputy director for management at the Office of Management and Budget and acting director of the Office of Personnel Management, said Wednesday. “It gets my blood boiling to think we have all this data. We should be able to do more with it.”
Weichert—whose day job remains deputy director of management at the Office of Management and Budget—said she told the 6,000 staffers at OPM on Tuesday that they are “facing a lot of change.” Weichert was speaking to open-data industry enthusiasts at a conference put on by the nonprofit Data Foundation.
[Via Government Executive]
When state and local agencies open their financial data, benefits accrue not just to citizens who can keep tabs on local spending, but also to governments themselves. Open financial data would mean a transition from documents that are read with the human eye to machine-readable information in an open data format, Ritz said at an Oct. 10 event hosted by The Data Foundation.
"Every time I asked, 'why can't we do x, y and z differently?' I was given some version of 'we don't have the right people to lead the change, we don't have the right skills to deal with that challenge, we can't get people in fast enough with the most modern perspectives on things," Weichert said at a Data Foundation event.
During a keynote appearance at the Data Foundation’s Data Transparency summit on Wednesday, Weichert addressed her new responsibilities at the Office of Personnel Management.
Just days after President Donald Trump named her the acting director of the Office of Personnel Management, Margaret Weichert, also the Office of Management and Budget’s deputy director for management, outlined some of her top priorities in the new role at a Data Foundation event in Washington.
[Via Federal Times]
Workiva, a leader in data collaboration, reporting and compliance solutions, will play a key role as title sponsor in today’s Data Transparency 2018 conference, the Data Foundation’s sixth annual flagship event that explores how open data is being standardized, shared and used across Federal government agencies and the private sector.
Originally thought of as the industry’s collective action problem, regulators participation and collaboration is now the key to meaningful progress in LEI adaption. Compelling regulation is the only way to assure every affected party commits to the long game to implement a global business entity standard.
[Via The Hill]
Hudson Hollister, president of the Data Coalition, and Frank Landefeld, Public Sector Market Lead at MorganFranklin Consulting, recently published a paper exploring the government’s challenges and opportunities in the area of grant-related data. They joined Federal Drive with Tom Temin to talk more about it.
[via Federal News Radio]