Resources

City Fund Balances 101

Information Memo

Describes city fund balances and provides related definitions of terms.

Published Dec 5, 2023.

LMCIT Property, Crime, Bond and Petrofund Coverage Guide

Information Memo

Learn about property, crime, and petrofund coverage offered by the League of Minnesota Cities Insurance Trust.

Published Nov 27, 2023.

Handbook for Minnesota Cities Chapter 20: Municipal Budgeting

Handbook Chapter

Learn the characteristics of city budgets as a work plan and communication tool. Understand the budget cycle.

Published Oct 27, 2023.

Handbook for Minnesota Cities Chapter 18: Insurance and Loss Control

Handbook Chapter

Insurance helps pay lawful claims and defend against meritless claims. Loss control measures aim to reduce injuries and claims.

Published Jul 14, 2023.

Budget Guide for Cities

Information Memo

Learn about new state and federal laws that significantly affect city budget decisions.

Published Jun 30, 2023.

IRS Audits of City Payroll

Information Memo

Prepare 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 Memo

Learn which depositories a city may use and how to choose one.

Published May 9, 2023.

Dates for City Budgets 101

Information Memo

A quick reference to important dates for cities in the state aid and property tax systems.

Published Apr 1, 2023.

Electronic Funds Transfer Fraud

Get tips to avoid Electronic Funds Transfer (EFT) fraud, and access a model policy on Safe Electronic Transfers and Payments…

Published Mar 9, 2023.

LMCIT Liability Coverage Guide

Information Memo

Learn about liability (casualty) coverage offered by the League of Minnesota Cities Insurance Trust including its unique coverage offerings.