Skip to Content
League of Minnesota Cities
Search
close

Fiscal Management

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.

close

How to save a PDF

If you would like to save the page you’re viewing as a PDF document, here are the steps:

  1. Click icon with 3 stacked dots Setting button with vertical dots / Setting button with horizontal dots or Setting button with stacked lines lines to the right of the URL bar at the top of your browser
  2. Select the “Print” option
  3. A pop up window like this one should appear, ensure the Destination field is set to “Save as PDF” (this may be a dropdown or “Change” button)
  4. Click “Save,” then select the location and name for the file on your computer

Still not sure? 

View additional instructions for the most common browsers.

Resources

Handbook for Minnesota Cities Chapter 25: Financial Reports, Accounting and Auditing

 Handbook Chapter

Has basic information on routine financial tasks cities must perform like use of funds in accounting and internal control procedures.

Published Dec 2, 2024.

Handbook for Minnesota Cities Chapter 24: Financing Public Improvements

 Handbook Chapter

Read about commonly used and authorized financing tools for cities to fund local improvements and economic development.

Published Dec 1, 2024.

Liability Claim Decisions

Learn how and why the Trust determines whether to cover or deny a liability claim submitted by a member.

Published Oct 9, 2024.

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 Sep 20, 2024.

City Deposits and Investments

 Information Memo

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

Published Aug 14, 2024.

Reducing LMCIT Premium Costs

Explore ways in which League of Minnesota Cities Insurance Trust (LMCIT) members can reduce premium costs.

Published Feb 13, 2024.

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.

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.

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.

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.

Related Learning and Events

MemberLearn Online Courses

Finance: The Budgeting Process

[FREE COURSE] This course designed specifically for small cities provides an overview of the budgeting process.