Budget Presentation Award Program Webinar Series - Focus on Fund Balance Criterion

Focus on Fund Balance Criterion - July 21, 2023

This training will concentrate on the fund balance criterion within the Budget Awards Program. In addition, focus will be given on the latest update concerning GFOA's best practice on Determining the Appropriate Level of Unrestricted Fund Balance in the General Fund.

Outstanding examples will be shown on how government satisfy this criterion, along with practical implementation of how to apply GFOA's best practice on Determining the Appropriate Level of Unrestricted Fund Balance in the General Fund.

There is also discussion of what types of reserves are needed to provide financial stability for the short-term and what reserves may be needed in the future.