
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.
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Describes the elements of a typical property tax statement from the county.
Learn the characteristics of city budgets as a work plan and communication tool. Understand the budget cycle.
Explore ways in which League of Minnesota Cities Insurance Trust (LMCIT) members can reduce premium costs.
Learn how the National Flood Insurance Program (NFIP) protects cities from some flood damage.
Learn how and why the Trust determines whether to cover or deny a liability claim submitted by a member.
Learn about the League Insurance Trust’s coverage designed to assist a Trust member that’s been unavoidably hit by unexpected expenses.
This Insurance Trust program is a service provided to all members to ensure property premiums and coverage limits are accurate.
Discusses city authority and steps to levy special assessments for local improvements like streets, waterworks or sanitary sewer.
Learn which depositories a city may use and how to choose one.
Prepare for a potential IRS audit or compliance check by learning about common problematic issues for cities.