Neither rain nor snow nor digitization have stopped native governments from accepting funds by mail

Dive Temporary:

• A current survey of public finance professionals discovered 83% of businesses nonetheless settle for funds by mail and 50% proceed to depend on in-person cashiering. 
• The Euna Options survey additionally confirmed 47% of businesses have only one to 2 workers managing funds and one other 45% depend on three to 5 workers to handle the workload. “Almost two-thirds of businesses spend greater than 10 hours every month reconciling throughout a number of [payment] techniques, with some reporting workloads exceeding 80 hours,” in accordance with the report. 
• Even so, system and vendor consolidation ranks among the many businesses’ lowest priorities for 2026. Many finance groups are as an alternative targeted on “short-term workload aid,” in accordance with Euna Options.

Dive Perception:

Native taxes present greater than two-thirds of income for native governments, in accordance with the Institute on Taxation and Financial Coverage. One other 22% comes from expenses paid by customers of domestically run providers similar to water techniques and parking services. 

However the techniques for gathering that income might be fragmented.

Public finance professionals cited guide reconciliation, managing a number of techniques and a scarcity of system integration as their high three frustrations, in accordance with the survey by Euna Options, a public sector software program supplier. 

Half of respondents use three or extra distributors, in accordance with the report. 

Respondents reported excessive group resistance to creating funds digitally. Nonetheless, the “most urgent problem” cited by 60% of survey respondents was delinquent funds.

Almost 40% of respondents see automated reconciliation as a key space of potential, and 33% mentioned synthetic intelligence may very well be helpful for fraud detection or anomaly monitoring. 

The federal authorities has additionally taken steps towards modernizing its cost techniques this yr. An govt order in March put the kibosh on issuing paper-based funds, which have been phased out Sept. 30. Funds to the federal authorities, similar to charges, fines, loans and taxes, “should even be processed electronically the place permissible beneath present legislation,” in accordance with the order.