Thursday, March 12, 2009

CTAS Budget and Financial Managment Training

The County Technical Assistance Service is offering extensive training to county officials on operating budgets, capital budgets and debt management over the months of March and April. The classes are being offered in Franklin, Jackson, Dunlap, Cookeville, Knoxville, and Johnson City. For more information on times, dates and locations, see the CTAS website at http://www.ctas.tennessee.edu/.

As an experiment, one of these classes is being held in the evening to make it more convenient for county commissioners to attend. On March 30, there will be a training session on managing county debt at the West Tennessee Research and Education Center, 605 Airways Blvd., Jackson, from 6:30 p.m. to 8:30 p.m. Dinner will be provided at the meeting site starting at 5:30 p.m.

This session will discuss (1) proper processes and procedures for accounting of debt; (2) where to find the data on debt; (3) how projects should be funded and how to borrow; (4) policies and committee considerations; and (5) best practices in debt management.

An extended version of this class will also be held at the same location on March 31 from 8:00 a.m. – noon for all county officials. Managing the county's debt and finances is becoming increasingly difficult in the current economy and I encourage any county commissioners who are interested to contact CTAS for more information about these training opportunities.

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