Matthew Daly
Understanding Your Retirement & Benefits in a Government Plan
With another fiscal year-end (June 30th) in the rearview for the State of New Jersey’s Division of Pensions and Benefits (the Division), it is as good a time as any for plan members to brush up on their benefits. The Audited Comprehensive Financial Report for 2021 offers great insight into how members respective pension plans…
Mercadien Announces Executive Promotions; Several Associates Promoted to Director
Mercadien is pleased to announce several promotions within the firm’s corporate leadership team. Three professionals were promoted to the level of Director: Ms. Melissa Correa, CRCM, a member of the Financial Institutions Services Group and resident of Oklahoma City, OK; Mr. Matthew Daly, CPA, a member of both the Government Services and Audit and Assurance…
The Challenges of Distributing American Rescue Plan Funds
The recent passage of the American Rescue Plan earmarked billions of dollars for local governments to support citizens struggling through the economic impact of COVID-19. Throughout the pandemic, local governments have done crucial, life-saving work, but resources have been stretched thin. This latest round of funding poses fresh challenges. Verifying Eligibility & Allowability It’s crucial…
Government Accounting Standards Board Response to COVID-19 Pandemic
Similar to the private sector, state and local governments have not been immune to the impacts of the Coronavirus (COVID-19) pandemic. Statewide stay at home orders have limited staffing to essential employees and alternate work schedules, causing many governmental entities to struggle with managing public services while also dealing with the many financial uncertainties the…