Fiscal Oversight: Ask the Right Questions
One of the most important responsibilities for local officials is overseeing their agencies’ finances. Yet local agency finances are complex. What can elected officials do to exercise the kind of careful fiscal stewardship over taxpayer resources that the community expects? How can staff support them in that endeavor?
- Budget creation and monitoring;
- Financial reporting;
- Financial policies;
- Long-term financial planning;
- Cash management and investments; and
- Capital financing and debt management.
Another Good Question: Does This Resource Help?
A pertinent question for the Institute for Local Government (ILG) to ask is whether its publication Financial Management for Elected Officials: Questions to Ask hits the mark in terms of serving local officials. ILG always welcomes local officials’ feedback on its work to help maximize its responsiveness to their needs.
You can share your feedback with ILG in several ways:
• Rate ILG publications through the website (www.ca-ilg.org/ilgpubs). This also enables local officials to help their colleagues know whether an ILG resource is helpful. To use the site’s rating function, you just need to create a user login.
• Local officials who are Facebook users can “like” or comment on this resource on ILG’s wall (at www.facebook.com/InstituteForLocalGovt).
ILG also welcomes personal contact with local officials. Address your comments about the Financial Management for Elected Officials publication to JoAnne Speers, executive director, ILG; phone: (916) 658-8233; e-mail: firstname.lastname@example.org.