Before You Budget: Techniques Elected Officials Can Rely On To Project & Protect Their Community's Financial Stability

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8/4/2010 - 8/4/2010

Adopting the annual budget is often a daunting task for elected officials. There are a lot of factors to take into consideration when determining what is best for the short and long-term health, safety and welfare of your community. And, with the current economic downturn affecting nearly every community, it is increasingly necessary to understand your municipality’s complete  financial picture before casting your vote.

Before you begin the process of preparing the 2011 budget, attend this upcoming program, which will provide you with a foundation for understanding how to measure financial conditions and monitor financial decisions in your municipality.

Kick off the 2011 budget season in a proactive fashion by learning how to:

• Understand cash solvency, budgetary solvency, long-term solvency and service-level solvency
  
• Calculate factors such as revenue per capita, expenditures per capita, cash position, debt service and operating position
  
• Establish a system of financial trend monitoring in your municipality
  
• Find information about financial trends and factors
  
• Use the information revealed by financial monitoring to make policy and budgetary decisions
  
• Utilize fiscal indicators for long-term community planning and for creating a reality-based budget
  
• Identify priorities and address the needs of your community
  
• Make recommendations based on the results of your analysis
  
• Develop a system to determine what information you need to make good decisions
  
• Implement practices in your municipality so that this information is available
  
  Wednesday, August 4, 2010, 6 PM - 9 PM (Registration opens at 5:30 PM)
  
  Community College of Allegheny County, West Hills Center, 1000 McKee Road, Oakdale, PA  15071
  
  Cost: $35
  
  Please click here to register
  
  Members of the NEOC Alumni Association and graduates of the 2009-2010 Newly Elected Officials Course receive a $10 discount on all program registration fees.
  
  This program is being offered FREE OF CHARGE to all elected and appointed officials of communities that have been designated as fiscally distressed (Act 47) by the Commonwealth of Pennsylvania through the DCED Governor’s Center for Local Government Services.