Don't be intimidated by local government financial reports. This introductory class will review basic governmental and nonprofit accounting, the statutory requirements included in the local government budget act, and reporting requirements to the Department of Taxation. The course will discuss preparing and understanding budgets, quarterly economic surveys, comprehensive annual financial reports, capital improvement plans and debt management plans. Excellent class for elected and appointed officials who want a better understanding of local government finance so they can communicate effectively with their financial staff.
Key Learning Objectives:
- Understanding basic local government finance terms, statutes and reports
- Learn the required local government documents required by the statutes
- Understanding local government budgets and financial statements