On Demand: Financial Responsibilities of Elected Officials

Recorded January 27, 2021 

This 2-hour program is designed for Chief Elected Officials, Governing Board Members and interested Government Finance Professionals. Attendees will come away with an overview of the government finance function and the overall financial responsibilities of municipal governing boards.  Topics covered include:

• An overview of the financial policies municipalities should have in place and regularly review;
• The steps in the budget process;
• What fund balance is and its uses;
• The procurement process and required policies; and
• An introduction to the most common financial reports and what those reports indicate about a municipality's financial health.

Presenters:

• Kristie Hansen-Hightower, CPA, Comptroller, Town of Southold
• Charlene Kagel-Betts, CPA, Village Administrator, Village of Southampton
• James Olivo, Senior Government Advisor, BST & Co. CPAs, LLP (Retired Auditor for the Village of Garden City)