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Friday, October 14, 2022 11:00 am to 12:00 pm
Event Location: 
PACIF Members: $20/session or $50 for all 3; VLCT Members $30/session or $80 for all 3
Registration Deadline: 
Thursday, October 13, 2022

This exciting new three-part series invites municipal finance staff – from bookkeepers to finance directors – to pose work-related questions and get answers in a way that is engaging and interactive. Each part focuses on a specific topic that affects the day-to-day financial operations of municipalities. In this collaborative environment, each topic discussion also has ample time to ask questions and troubleshoot related issues in a group setting. Every session is an opportunity to discuss best practices, guidelines, and standards for financial management. Attendees can join in with their own helpful tips & tricks or ask questions relevant to their current municipal role(s) and responsibilities.  

If you are directly involved in the day-to-day financial operations of a municipality, we welcome you to join this three-part series for one, two, or all three sessions. The Municipal Assistance team looks forward to guiding our members through financial situations with this new and exciting collaborative series.

October 14, 2022, Session II
Clearing Accounts: The role they play and what to do when they are out of balance.   

  • Having an issue with running balances in the clearing accounts is a red flag that something is incorrect.   

  • How to most effectively zero in on where the issues are and how to research and correct common errors.  

  • The focus will be tax clearing, yet the same methods can be applied to accounts receivable and utilities clearing accounts.   

December 9, 2022, Session III
Fixed Assets: Make this cumbersome annual task part of your ongoing routine to reduce the burden at year end.  

  • Strategies for finding and tracking fixed asset purchases during the year.  

  • BONUS: journal entries and specific accounting practices around fixed assets for both modified accrual and accrual accounting.  

Sarah Macy, VLCT Government Finance Specialist