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Top 10 Primer: Financial Responsibilities of Local Elected Officials Webinar
April 29 @ 10:00 am - 11:15 am
Free Live Webinar Scheduled for April 29, 2020 from 10:00 AM – 11:15 AM
Adoption of the county or municipal budget is one of the most important responsibilities of an elected board. Understanding the local government budget development process can be challenging, especially for officials in their first terms of office.
This webinar, led by faculty members Greg Allison and Bill Rivenbark, will help elected officials learn the “Top Ten” most important factors to know and understand as you enter the fiscal year budget development season, including understanding your roles and responsibilities related to the arena of local government finance.
- The statutory framework of the Local Government Fiscal Control Act;
- The budget development timeline;
- The role of the Local Government Commission;
- The basic purposes and parameters of Fund Balance;
- The annual financial statement and the annual audit
For those who have taken the Essentials courses (municipal or county), this webinar is an excellent opportunity to dive a little deeper into your financial roles and responsibilities, and also adds a component about the annual audit process.