March 1, 2011 -- The law firm of Aleshire & Wynder provided generous support in 2010 that enabled the Institute for Local Government to develop this resource and make it available to local officials.
The ILG publication, "Financial Management for Elected Officials: Questions to Ask," provides questions for local officials to ask about:
-Budget creation and monitoring
-Long-term financial planning
-Cash management and investments
-Capital financing and debt management
This guide also includes a handy glossary of finance terminology. In addition to questions related to finance, the guide suggests questions to consider related to local agency transparency about financial matters.
Copies of the financial management guide are available at www.ca-ilg.org/financialmanagement .