A Budgeting Guide for Local Government 2022 Session 2: Understanding Financial Management

Recorded On: 06/14/2022


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Learn the fundamentals that every local government manager should know. Back by popular demand, this three-part webinar series takes a forward-looking, strategic approach to budgeting while showing you how to improve the process and promote economic vitality in your community.

Based on the brand-new fourth edition of ICMA’s A Budgeting Guide for Local Government, this series is hosted by coauthor Dr. Michael Overton, associate professor at the University of Idaho.

You will discuss:

  • Lessons for budgeting and the budgeting cycle
  • Budget preparation and legislative approval
  • Executive implementation
  • Financial controls, communication, and compliance
  • Accounting and auditing
  • Understanding the overall financial picture
  • Projections and forecasting
  • Capital budgeting
  • Performance measurement
  • Long-term planning

Like the book, this program is designed for local government managers and assistant managers who would like to gain a better understanding of the fundamentals of the budgeting process.

PROGRAM DETAILS

ALL PROGRAMS WILL TAKE PLACE FROM 1:00 TO 2:30 PM EASTERN

Session One – 06/07/2022: Budget Basics: the budget, the budgeting cycle, and the evolution of budgeting 

Session Two – 06/14/2022: Understanding Financial Management: the financial picture, projecting the future, policies and rules 

Session Three – 06/23/2022: Long-term Budgeting and Planning: capital budgeting, performance measurement, long-term planning

REQUIRED READING

From A Budgeting Guide for Local Government, 4th Edition:

  • Chapter 2: Revenue Choices: Principles to Guide the Manager
  • Chapter 8: The Budget Cycle: Preparation and Legislative Approval (Pgs. 197-211)


Dr. Michael Overton

Assistant Professor of Political Science and Public Administration

Michael Overton (Ph.D., University of North Texas, 2015) is an assistant professor of public administration, using his public sector experience to identify research topics that matter to government entities. His research focuses on the intersection of local government management and fiscal policy. He is particularly interested in topics involving local government fiscal health, economic development financing, transportation and local government competition. His research into these areas has been funded by the Department of Housing and Urban Development, the Lincoln Institute of Land Policy, SMART Transit, the North Central Texas Council of Governments and has been published in prominent public administration journals including The Review of Regional Studies, The American Review of Public Administration, State and Local Government and Public Money and Management.

Over the brief tenure of his career, he has received prestigious awards for his scholarship. In 2015, he won the Toulouse Dissertation Award in Social Science for best social science dissertation at UNT. He was selected for the 2016 Lincoln Scholars Program hosted by the Lincoln Institute of Land Policy and recently, he was honored as a 2017 American Society of Public Administration Founders Fellow.

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A Budgeting Guide for Local Government 2022 Session 2: Understanding Financial Management
06/14/2022 at 1:00 PM (EDT)   |  90 minutes
06/14/2022 at 1:00 PM (EDT)   |  90 minutes
Evaluation Survey
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Certificate
1.50 ICMA CE credits  |  Certificate available
1.50 ICMA CE credits  |  Certificate available