Financial Management For Elected Officials

This skills-based, three-part module is intended to improve your skills in budget review, financial decisions, and communication about important financial matters. It will build awareness and understanding of setting budget priorities and making financial decisions, among other skills.

Part I-Setting Operating and Capital Budget Priorities

February 28 @10-11:30

• Legislative framework and Council’s role in municipal finance
• Relationship between the strategic plan and budget priorities
• Identifying and setting priorities
• Operating and Capital Budgets
• Decision making

Part II-Financial Statements and Reports

March 2 @ 10-11:30

• Interpreting Financial Statements & Reports
• Ensure proper Financial Controls are in place
• Financial Condition Index

Part III-Monitoring Budgets

March 4 @ 10-11:30

• Monitor budgets and make appropriate adjustments
• Asking staff important financial questions
• Communicating budget decisions to the public

Co-Facilitator: Bonnie Coulter, CPA, CA, Director of Corporate Services, Town of TruroFacilitator: Greg Herrett, CPA, CA, CAO, Municipality of the County of Cumberland

February 28, March 2^nd & 4^th, 2022 (10:00 – 11:30 a.m.)

Virtual Workshop using the Zoom Platform|  All sessions are interconnected, so attending all three is essential.

Registration Cost: The cost to attend is $300 if you register before February 14 and $350 after February 14, 2022

Registration for this Workshop can be found here

This Workshop can only accommodate 25 registrants and is on a first-come, first-serve basis.