THE FINANCIAL RESPONSIBILITIES OF ELECTED OFFICIALS:
What You Need to Know

Presented by the
New York State Government Finance Officers' Association, Inc.
in Collaboration with the
Town of North Castle, NY

You can register now by clicking here

Fee:  $75.00
When:  Friday, March 12, 2010
Location:  Town of North Castle, Hergenhan Recreation Center
Address:  40 Maple Street, Armonk, NY 10504 Registration: 8:30am
Continental Breakfast:  8:30am
Program Schedule:  9:00am - 12:30pm

NYS GFOA and the Town of North Castle are pleased to announce this exclusive training event designed specifically for those elected to oversee the operations of a public entity.

As a governing board member or the chief elected official of a special district or local government, you are already aware that you bear the responsibility to understand the financial condition of your organization. Unless you have a background in accounting or finance, this may not be the easiest aspect of your position however, it is one of the most important.

This program has been designed for non-government finance professionals to help you understand the finance function, various financial reports, what the information is telling you, and how to make sound decisions for the long term based on the information you have today.

The responsibility to oversee the taxpayer's money in today's changing landscape, further complicated by the struggling economy, magnifies the reasons for elected representatives to have a clear financial understanding of their organization. This program has been created to increase your knowledge and skill set when discussing municipal finance issues.

What you will learn:

• PLANNING AND BUDGETING (the budget planning process; the importanace of budgetary monitoring and long-term planning; understanding the relationship between financial reporting and the municipal budget)

• ACCOUNTING, AUDITING AND FINANCIAL REPORTING (how to read and understand the cash report, balance sheet, and statement of net assets)

• CASH MANAGEMENT (understanding the basics of public sector cash management; the importance of having a comprehensive written investment policy; the laws and regulations in place to protect public funds)

Program attendees will also receive a copy of the following publications:
• A Best Practices Guide to Budgeting in New York State (published by NYS GFOA)
• A Best Practices Guide to Cash Management in New York State, 2nd Edition (published by NYS GFOA)
• An Elected Official's Guide to Government Finance (published by the GFOA of the U.S. and Canada)

The registration fee includes speaker presentations, materials, and continental breakfast.

Registration: Pre-registration is preferred. Email registrations will be invoiced. Payment is preferred in advance, or may be brought with you to the seminar.  On-site registrations are accepted however, there will be an additional fee of $10.00. 

Payment: Acceptable forms of payment include Check/Money Order, Claim Voucher/PO, made payable to NYS GFOA.

Cancellations: Cancellations received by March 5th will be charged an Administrative Fee of $15.00.  Cancellations received after March 5th will not be refunded.  Cancellations must be made in writing (by mail, email or fax-see below).

No Shows: In the event you are unable to attend and have not cancelled in writing by the date indicated above, you are still obligated to pay.

Mailing address: NYS GFOA. 126 State Street, 5th Floor, Albany, NY 12207.
Email: info@nysgfoa.org // Fax: 518-434-4640. 

Location/Directions: Hergenhan Recreation Center, Town of North Castle, 40 Maple Street, Armonk, NY 10504.  Please call for directions.

Questions: Call NYS GFOA at 518-465-1512.