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MemberLearn Online Courses

Fund Accounting

Primary audienceFund Accounting. Part of our City Finance Basics series of MemberLearn courses.

City clerks, city staff 

Course time

15 minutes

This mini course provides a clear introduction to how cities manage their finances through fund accounting. The course gives an overview of types of funds used by cities: governmental, proprietary, and fiduciary, and how each supports different aspects of municipal operations.

This course is part of the LMC City Finance Basics Toolkit. Check out other courses in the collection such as, the Chart of Accounts course!

By the end of this course, you will be able to do the following:

  • Identify the three main categories of funds used by cities.
  • Recognize the purpose and subtypes within each fund category.
  • Explain the role and classifications of fund balances.

Access this course

Subject Matter Expert

Lisa Sova, assistant finance director – League of Minnesota Cities

Features

Interactives, video, knowledge check, and downloadable resources  — learn more about MemberLearn.

Cost

This free course is only available to League of Minnesota Cities members and is included as part of your city’s LMC membership.

 

Your LMC Resource

Jamie Oxley

Learning Coordinator

(651) 281-1250 or (800) 925-1122

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