Fiscally Ready Communities Nuts and Bolts: Fees, Fines, Purchasing, and Receipting

August 17, 2023 2:00PM - 3:30PM

Registration Deadline: August 16, 2023 - 12:00AM

Zoom


Contact: Eric Walcott

Fiscally Ready Communities Nuts and Bolts: Fees, Fines, Purchasing, and Receipting

MSU Extension and the Michigan Department of Treasury will share why fees, fines, purchasing, and receipting are important for fiscal health.

Building a culture of fiscal sustainability is essential to local government fiscal health. Well-thought-out policies on fees, fines, purchasing, and receipting lead to clear rules and fair treatment, which are essential pillars to that culture of fiscal sustainability. This webinar will include a deep dive into best practices related to fees, fines, purchasing, receipting, and more. It will cover what they are, why such policies are necessary, how they contribute to local fiscal health, and how to get started on implementation. 

Who should attend:

Elected and appointed officials in local government, administrators, and staff. 

This training is geared toward appointed and elected officials with entry and intermediate budgeting knowledge.

What will be covered:

  • Building a culture of fiscal sustainability
  • Policy best practices for fee and fine structure
  • Case study examples
  • How strong receipting and purchasing practices strengthen local fiscal health
  • Best practices for implementation

 What resources will be provided?

  • Detailed guides that outline strong policies and procedures each local government should have. These guides include a checklist to track what your local government already has, what you are working on, and next steps. 

Cost: Free

Dates:

  • August 17, 2-3:30 p.m. ET
  • September 11, 6-7:30 p.m. ET
  • October 11, 1:30-3 p.m. ET
  • November 7, 10-11:30 a.m. ET
Fiscally Ready Communities
The Fiscally Ready Communities program was created to assist communities that want to establish, measure, and maintain policies to increase operational and financial effectiveness and safeguards. This partnership between MSU Extension and the Michigan Department of Treasury helps local governments work towards fiscal health by sharing best practices in fiscal sustainability. There are currently four webinars that are part of the Fiscally Ready Communities program, with a fifth to be added later in 2023.
  • Financial Best Practices
  • Budgeting for Fiscal Sustainability
  • Capital Asset Management and Planning 
  • Managing Internal Controls
  • Nuts and Bolts: Fees, Fines, Purchasing, and Receipting

Registration for this event has closed.

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