Course Description: 
The key to successful reserve policy creation is having a fundamental understanding of the concept of reserves.  This webinar will cover the foundational what and why’s of municipal reserves.

Learn about essential reserves and how to choose optional reserves, the reserve policy “must haves” when drafting a quality reserve policy, and about optimal balances – how to calculate optimal reserve balances by reserve requirement category.

Learning Outcomes

• Learn the foundational what and why’s of municipal reserves.
• Learn the essential reserves and how to choose optional reserves that support your municipality’s financial well-being.
• Learn about the reserve policy “must haves”, i.e., reserve description, justification, use, approval requirements and much more.
• Gain a comprehensive understanding of how to calculate optimal reserve balances by reserve requirement category.

Who Should Attend?

A unique professional development experience that has benefit for all municipal staff, including small, medium and large municipalities!

Elected officials, CAOs, planners, and finance officers will benefit from having a fundamental understanding and core knowledge of all financial processes.

Currently available ON DEMAND

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