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Finance: The Budgeting Process
[FREE COURSE] This course designed specifically for small cities provides an overview of the budgeting process.
Resources
IRS Audits of City Payroll
Information MemoPrepare for a potential IRS audit or compliance check by learning about common problematic issues for cities.
Published May 15, 2023.
City Deposits and Investments
Information MemoLearn which depositories a city may use and how to choose one.
Published May 9, 2023.
LMCIT Property, Crime, Bond and Petrofund Coverage Guide
Information MemoLearn about property, crime, and petrofund coverage offered by the League of Minnesota Cities Insurance Trust.
Published Mar 20, 2023.
LMCIT Liability Coverage Guide
Information MemoLearn about liability (casualty) coverage offered by the League of Minnesota Cities Insurance Trust including its unique coverage offerings.
LMCIT Auto Coverage Guide
Information MemoUnderstand auto liability, auto physical damage, no-fault, and uninsured / underinsured coverage offered by the League's Insurance Trust.
Securing Payment of Utility Charges
Information MemoLearn about setting rates for municipal utilities, on what basis cities may make charges, and method for collecting payments due.
Published Dec 22, 2022.
Handbook for Minnesota Cities Chapter 25: Financial Reports, Accounting and Auditing
Handbook ChapterHas basic information on routine financial tasks cities must perform like use of funds in accounting and internal control procedures.
Published Dec 8, 2022.
Handbook for Minnesota Cities Chapter 24: Financing Public Improvements
Handbook ChapterRead about commonly used and authorized financing tools for cities to fund local improvements and economic development.
Published Dec 6, 2022.
Experience Ratings in the Trust’s Liability and Workers’ Compensation Premiums
Explains the League of Minnesota Cities Insurance Trust’s (LMCIT’s) experience rating formula.
Published Nov 15, 2022.
Handbook for Minnesota Cities Chapter 20: Municipal Budgeting
Handbook ChapterLearn the characteristics of city budgets as a work plan and communication tool. Understand the budget cycle.
Published Nov 1, 2022.