Enterprise accounting enables a community to operate a self-supported service and demonstrate to the public the true cost of providing a utility, health care, recreational…

A capital improvement plan (CIP) should include a multi-year capital plan and annual capital budget for all community departments. These documents should: (1) prioritize the…

Free cash must be certified by the Director of Accounts as of July 1 of each fiscal year upon submission of a community’s balance sheet,…

A community may improve its free cash and financial reserves through prudent financial planning and development of sound financial policies. The community could also establish…

A community’s free cash is the amount of unrestricted funds available from the previous fiscal year’s general fund operations that can be appropriated upon certification…