Municipalities are now entering proposed budget season, ahead of Town Meeting Day. The budget includes annual and long-term capital expenses. This session addresses budgeting and financial management challenges, how to comply with legal requirements, and best practices for long-term planning and managing debt. Live Q&A. Purchase this session for two or more of your staff and get a 10% discount.
Part 1 – Legal Parameters of Budgeting, Spending, and Borrowing
Each year, voters must approve the municipality’s budget. This session will cover legal requirements for crafting the town meeting warning, setting the tax rate, and handling a failed budget vote. Attendees will also learn several basic principles of municipal budget administration.
Speaker:
Susan Senning, Staff Attorney II, VLCT Municipal Assistance Center
Part 2 – Capital Budgeting and Managing Debt
Two municipal finance experts will describe the basic steps in capital budgeting, the importance of long-term planning for governmental financial health, the types of debt instruments available, and how to use those instruments to achieve town goals.
Speakers:
Sarah Macy, Government Finance Specialist, VLCT
Michael Gaughan, Executive Director, Vermont Bond Bank
Recorded: September 22, 2022
Recorded sessions reflect current applications of the law at the time of the recording. For more current information on your roles and responsibilities and for access to our models, info sheets, and FAQS, please refer to our MAC Topics Pages. Once you submit your order an invoice will be mailed to your organization. The downloadable materials, including the webinar recording and handouts from the session, will be emailed to you on receipt of payment. Please note: if you attended, or registered and paid for the live session, you have free unlimited access to these materials for one year. Email us at info@vlct.org if you need access restored to the session materials.
This page will expire on September 22, 2023, or before, if the law or other information changes.