Municipal Finance: Comprehensive Fiscal Training for Local Governments | Online

Location

Virtual

Date & Time

May 13 1:00 PM - May 14 3:00 PM

Event Type

AML Course
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Event Details

Learn the Basics and Best Practices of Municipal Finance

 

Schedule

Tuesday, May 13

  • 1pm - 3pm: Municipal Finance Part I

  • 3pm - 5pm: Municipal Finance Part II

Wednesday, May 14

  • 1pm - 3pm: The 10 Keys to Effective Governing Board Oversight

 

This course will be live online via Zoom. Your meeting link will be sent to you upon registering. 

This full-day training is offered for just $40 thanks to support from NCLM's Municipal Accounting Services program. 

 

A course from NCLM covering everything you need to know about municipal finance. This training is meant for all local government leaders -- elected officials, managers, finance directors, and more -- and is designed to be a one-stop shop for municipal financial education. Whether you are new to your role or a seasoned veteran of local government, this course will provide you with the foundational tools and best practices to make an immediate difference in your town. 

 

In this training, participants will:

 

  • Review significant requirements of the North Carolina Local Government Budget and Fiscal Control Act per General Statutes, Chapter 159.

  • Recognize the importance of compliance with the Fiscal Control Act in achieving a sustainable financial management system.

  • Recognize the importance of good stewardship of taxpayer funds.

  • Identify how the roles of municipal administrative officials and elected board members relate to each other and to financial operations.

  • Explain the importance of following best practices to achieve fiscal health.

  • Review ten practical keys to a board or management's oversight of their financial management program

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Completion of this training will meet requirements under G.S. 160A-148, and will lead to the NCLM Financial Management Certification (six required training hours) and contribute to the NCLM Certificate of Municipal Achievement (12 required training hours). Learn more about NCLM's AML Certification program here. 

 

Course Audience

Elected officials, managers, finance directors, budget professionals, and all other municipal staff.

 

Course Topics

 

  • The Local Government Finance Environment in North Carolina

  • Finance Officer Duties, Monthly Reports and Fund Balance

  • The Budget

  • Pre-Auditing and the Purchasing Process

  • The Annual Audit

  • Debt Management

  • Internal Controls

  • Utility Finance

  • Other Financial Items and Recent Legislation

  • Ethical Issues

  • Ten Keys to Board Oversight

 

Cost 
$40 per participant. Registration is required.