Enterprise Funds Untangled

Typically, governments operate very differently from private businesses, utilizing tax revenue and producing public goods and services rather than focusing on specific customers. However, governments must also manage enterprise operations that resemble private businesses—acquiring and managing customers, determining pricing strategies, collecting payments, and maintaining appropriate profit margins.

This session will focus on the strategies and tools that finance professionals and other leaders need to manage enterprise funds, including accounting and financial reporting, budgeting, marketing, communications, and customer service. Using examples of successful and unsuccessful enterprise funds, speakers will share insights on when to establish an enterprise fund, policies for setting fees, issuing debt, and managing business-like activities.

The session will also highlight the financial reporting changes governments will need to implement for fiscal years ending June 30, 2026, and later, to comply with GASB Statement No. 103, Financial Reporting Model Improvements.

Note: Registration for this preconference session is part of the overall conference registration process. Click the link below to begin.