Financial Policies - Longmont

This session is intended for finance officers, elected officials, or other public-sector employees who are tasked with developing financial policies. The class will cover the importance of financial policies in overall financial management, best practice examples, and how to develop effective policies.

Program Description:
When developed and implemented effectively financial policies create the standards for financial stewardship for a local government. They express the governing body and staff’s intent for how financial management will be conducted. We will cover key types of financial policies, such as fund balance, revenue, debt, and a variety of operating and capital budget policies. There will be an emphasis on creating policies that are of the greatest relevancy to the fiscal risks your organization faces.

Join us to:
• Understand why financial policies are important to have
• Lean how to write clear and succinct policies
• Learn how to engage elected officials and executive managers in policy development
• Analyze and determine the key risks your organization faces and develop policies to address them
• Determine how to integrate policies into financial decision-making processes

Recommended GFOA Reading:
Financial Policies by Shayne Kavanagh

Details

  • When

  • Thursday, June 14, 2018
    8:30 AM - 4:30 PM
    Mountain Time

  • Where

  • Boulder County Parks and Open Space
    Prairie Rooms
    5201 Saint Vrain Road
    Longmont, Colorado 80503

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