Event: Training
-- Power of Fiscal Policies / Long Term Financial Planning --
 Start:  8:30 am- 9 May 2013 (Thu)
 Registration:  Closed
Cost:  $150.00
See Description
 Contact:  Laura Nomura
Assistant General Manager/CFO
Riverside Public Utilities
 End:  4:30 pm- 9 May 2013 (Thu)
 Duration:  8.0 Hours
 Where?:  Riverside Public Utilities
Riverside, CA 
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 Event Link:  http://events.csmfo.org/events/links/EYD6370

Power of Fiscal Policies / Long Term Financial Planning
Instructor: Bill Statler



Presented by Bill Statler, former Director of Finance & Information Technology for the City of San Luis Obispo, each of these half-day training programs will provide you with practical tools on how you can strengthen your agency’s financial condition and improve fiscal decision-making through the power of policies and long-term financial planning.
You can sign-up for each session on a “freestanding” basis: just the morning session on the Power of Fiscal Policies ($100); just the afternoon session on Long-Term Financial Planning ($100); or both sessions for $150.
Each Session is eligible for 4 hours of Continuing Education Credits.
Morning Session: 8:30 AM to Noon
The Power of Fiscal Policies
Good times come and go, but your values shouldn’t – which is what fiscal policies are all about. Setting clearly articulated fiscal policies builds a strong foundation for protecting your agency’s long-term fiscal health. As recent economic events have shown, no agency is immune to economic downturns. But agencies with clear fiscal policies in place with a tradition of following them have a significant strategic edge over those that don’t. Policies make tough decisions easier by providing guidance both when times are good by preventing problems to begin with, as well as when the inevitable tough times do arrive.Every agency is different, so when it comes to policies, “one size” is unlikely to fit all. This means there are no right answers, but there are “right questions.” This half-day session will discuss the key areas that fiscal policies should cover and approaches for approval and ongoing review. It will also provide sample policies and tips on getting started in preparing or updating fiscal policies.
Afternoon Session: 1:00 PM to 4:30 PM
Long-Term Financial Planning
In these challenging and ever-changing fiscal times, it seems like it’s hard to predict what’s going to happen next week, let alone next year – or even more daunting, five or ten years from now. So, why should local governments take the time and effort to prepare long-term financial plans? Stated simply, because making good resource decisions today requires taking into account their impact on your fiscal condition tomorrow. Developing good solutions requires knowing the size of the problem you are trying to solve: you can’t fix a problem you haven’t defined. And in this economic and fiscal environment, looking only one year ahead is almost certain to misstate the size and nature of the fiscal challenges ahead of you.This half-day session will provide insights on how long-term financial planning will help you better navigate the fiscal challenges ahead of your agency and provide practical tips on how to prepare meaningful forecasts in light of uncertainty about economic and fiscal trends. The session will also provide useful examples of how to prepare long-term financial plans and present the results to policy makers.

In the event that a registrant is unable to attend the course in person, materials may be purchased. Please contact the CSMFO office for details.

 Name:  Riverside Public Utilities
View Map:  View Map
 Contact:  Laura Nomura
 Address:  3901 Orange Street
Riverside, CA 92501