For those working with library finance or looking to improve financial policies – this webinar may be of interest. It is this Thursday.

 

Karren Reish

Library Grants Coordinator

Library of Michigan

517-241-0021 / www.mi.gov/lsta

 

From: Michigan Department of Treasury <MITreasury@govsubscriptions.michigan.gov>
Sent: Sunday, August 17, 2025 1:22 PM

 

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[REGISTER] Fiscally Ready Communities - From Fundamentals to Best Practices Training

08/08/2025

Local government Webinar

 

Upcoming Fiscally Ready Communities Webinar:

From Fundamentals to Best Practices

 

Thursday, August 21, 2025, 10:00 a.m. - 11:30 a.m. ET

Intended Audience: Any local government employee, including clerks, treasurers, elected officials, finance directors, city, township, or village managers, auditors and accounting staff, among others.


Fiscally Ready Communities Webinar

The Michigan Department of Treasury and Michigan State University Extension (MSU Extension) want to make you aware of our next Fiscally Ready Communities training opportunity. This FREE training is an hour-and-a-half webinar that's designed to assist appointed and elected officials.

From Fundamentals to Best Practices 

This program focuses on implementing financial best practices, measuring fiscal health, and local government financial management fundamentals. It will include material on reconciling a bank account, how to read and interpret governmental financial statements, audit prep umbrella, how to complete and file an F65 Report, remitting taxes timely, and how to craft an appropriate and effective audit finding Corrective Action Plan. Participants will also receive resources to support best practice implementation and assess their local unit fiscal health.

What will be covered:

  • Measuring and monitoring fiscal health
  • Reconciling bank accounts
  • Interpreting financial statements
  • Preparing for an audit
  • Statutory reporting
  • Corrective action plan development process
  • Remitting taxes timely

 

For more information about Fiscally Ready Communities, please check out the Treasury Fiscally Ready Communities webpage. This webpage includes Treasury’s 32-page Fiscally Ready Communities Best Practices document, which we encourage all local officials to review.

If you have any questions, please email TreasLocalGov@michigan.gov with the subject line “Fiscally Ready.”