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COVID-19 Budgeting Strategies (Webinar Series)

MRSC is presenting a three-part webinar series on budgeting strategies during the era of COVID-19. For more detail, see the descriptions below. You may register for any or all of the sessions using the "register" button below.

 

Part 1: Strategically Building Your Budget Calendar
July 21, 10 AM - 11:30 AM

Part 2: Revenue Forecasting Under COVID-19
August 4, 10 AM - 11:30 AM

Part 3: Balancing Budget Needs With Budget Wants
September 1, 10 AM - 11:30 AM


Cost: $40 per webinar or $120 for the entire series
Credits Available: 1.5 CPE per webinar (4.5 CPE for the entire series)
 

REGISTER

Registration closes at 12 PM the day before each webinar. These webinars will be recorded, and all preregistered attendees will receive a link to view the recordings. Read about scholarship opportunities.


Webinar Overview

This webinar series is designed for local governments in Washington State that are required to adopt an annual and/or biennial appropriations budget.


Educational Objectives

This series has been developed to meet the needs of those individuals responsible for planning and developing an agency's annual or biennial budget. This series consists of three 1.5-hour webinars held from 10 AM to 11:30 AM, with each webinar addressing a specific component of budget development:

  • July 21: Strategically Building Your Budget Calendar. One of the most important steps in the budget process is establishing an effective budget calendar addressing objectives, public input, preliminary development, final adoption, and more. This webinar will address how to establish a budget strategy under the current COVID-19 challenges, including a timeline to meet your jurisdiction’s needs. Registration closes 12 PM on July 20.
  • August 4: Revenue Forecasting Under COVID-19. Accurate revenue forecasting is key to a successful budget, but COVID-19 has made it much harder to create such forecasts, especially for jurisdictions that are heavily dependent upon sales taxes or tourism. This webinar will discuss current economic indicators and forecasts by state agencies and provide considerations for forecasting 2021 and beyond. Registration closes 12 PM on August 3.
  • September 1: Balancing Budget Needs With Budget Wants. Balancing a budget can be difficult under extreme conditions such as COVID-19. How can you mitigate the impacts of COVID-19 on your budget while still providing the services your citizens need and expect? When and how much of your reserves should be used to balance the budget? The final session in this webinar series will address these questions and others. Registration closes 12 PM on August 31.

Who Should Attend?

Clerks, treasurers, clerk-treasurers, finance directors, and any administrative or finance staff responsible for preparing the annual budget as well as elected officials with an interest in budget planning and development.


Presenters

  • Mike Bailey, Finance Consultant, MRSC. Mike Bailey joined MRSC in September 2018. He has worked in local government finance since 1980. He is a former president of the Washington Finance Officers Association (WFOA) and served on the Government Finance Officers Association’s (GFOA) Executive Board. He was chair of the GFOA Budget and Management Committee and is the local government representative to the Streamlined Sales Tax Project. Mike conducts workshops on local government financial management, budget, and financial leadership and leads council retreats and strategic planning processes.
  • Toni Nelson, Finance Consultant, MRSC. Toni began working for MRSC in 2014. Her background in governmental accounting is extensive, with over 30 years in the public sector, including time at the Washington State Auditor’s Office and as the Clerk/Treasurer for the Town of Twisp. She is on the board of the Washington Finance Officers Association (WFOA) and has served on the education committee for over 20 years. Toni conducts workshops on local government budgeting and financial reporting with a focus on smaller jurisdictions, cash basis accounting and the challenges for smaller entities.

Credits

  • 1.5 CPE per webinar (4.5 CPE credits for all three webinars) for certified public accountants and management accountants

Refund policy: Refunds of the webinar fee will be provided minus a $5.00 administrative fee if registration is canceled by 12 PM on the day before each webinar. If you are registered for the webinar and unable to attend, you will still be able to view the recorded webinar afterwards. However, if you cancel your registration, you will not receive a link to the recording.


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