Finance: The Budgeting Process
[FREE COURSE] This course designed specifically for small cities provides an overview of the budgeting process.
Responsible management of city money is crucial to good government. Learn about budgeting, deposit and investment of city funds, managing costs of city liability and risk exposures, financial auditing, financing local improvements, accounting and reporting.
If you would like to save the page you’re viewing as a PDF document, here are the steps:
View additional instructions for the most common browsers.
Insurance helps pay lawful claims and defend against meritless claims. Loss control measures aim to reduce injuries and claims.
Learn the characteristics of city budgets as a work plan and communication tool. Understand the budget cycle.
Learn which depositories a city may use and how to choose one.
Learn about new state and federal laws that significantly affect city budget decisions.
Learn about setting rates for municipal utilities, on what basis cities may make charges, and method for collecting payments due.
Has basic information on routine financial tasks cities must perform like use of funds in accounting and internal control procedures.
Explore ways in which League of Minnesota Cities Insurance Trust (LMCIT) members can reduce premium costs.
Read about commonly used and authorized financing tools for cities to fund local improvements and economic development.
Understand city exposure to lawsuits and the state statutes and judicial decisions that limit liability.
Describes city fund balances and provides related definitions of terms.
[FREE COURSE] This course designed specifically for small cities provides an overview of the budgeting process.