Modernizing State and Local Government Fiscal Transparency

November 2021
  CLOSUP, along with its nonprofit partner XBRL US, has launched a project to modernize and digitize Michigan local government financial reporting, with the City of Flint as the first local government partner and pilot site. The partnership will design and implement a new open data standard, based on eXtensible Business Language Reporting (XBRL), that the City of Flint can use to share its financial information with the public, the State, and other stakeholders. XBRL is an international open standard for financial data  already widely used in the public and private sectors in the U.S. and...