Operating and Capital Budgeting

♦ Sponsored by Segal Consulting.♦

May 16-18, 2018 | 8:30 a.m. – 4:30 p.m.

Register  (Deadline May 2.)

March 13-15, 2019 | 8:30 a.m. – 4:30 p.m.

Register  (Deadline Feb. 27, 2019.)

Course Description

The adopted budget is one of the most important policy documents that a government has. It communicates a governing board’s initiatives and priorities to employees and the public, while holding officials accountable for smart, efficient decisions. A good budget begins with thoughtful planning. This course provides the tools needed to effectively plan and develop this policy document through the collection and incorporation of strategic plans and priorities.

Download 2017-18 course flyer.

Download the 2018-19 course flyer.

Learning objectives:

  • Understand the various budget types and current reforms
  • Develop and implement a performance management system that is integrated with the organization’s budget
  • Identify strategies to forecast revenues and expenditures
  • Evaluate comparative revenue sources
  • Develop and integrate a capital improvement plan into the budget
  • Understand how to use cost analysis to evaluate projects

This course covers key content tested by GFOA's Operating and Capital Budgeting exam, one of the five exams required for the CPFO certification. Additionally, participants can earn up to 24 CPE credits in finance for this course through the National Association of State Boards of Accountancy (NASBA). For NASBA purposes, it is categorized as an intermediate-level, "group-live" course. At the end of this course, students will receive a certificate of completion for the Operating and Capital Budgeting course. All six courses are required to receive the Center for State and Local Finance's Certificate in Public Financial Management.

Lead Faculty

hildrethb_0.jpgBart Hildreth
Professor, Department of Public Management and Policy
• Serves as the editor-in-chief for the Municipal Finance Journal
• Former member of the Municipal Securities Rulemaking Board
wheelerl.jpgRon Shelby
Assistant Director of Executive Education, Center for State and Local Finance; Former Director of Finance and Administration, Galveston County, Texas
• Recipient of the Andrew Young Fellowship (Ph.D. candidate)
• Holds master’s degrees in both business and finance

Past Guest Speakers

Ken Heaghney
Economist, State of Georgia; Research Professor, Andrew Young School
Keith Lee
Director of Financial Services, City of Lawrenceville

Have additional questions? Check out CSLF’s frequently asked questions.