Capital Budgeting and Infrastructure Finance: December 5-6, 2012

Group-live course
Prerequisites: None   
Course level: Intermediate   
CPE credits: 16
Time: 2 days, 9:00 am – 5:00 pm (both days)

Who Will Benefit
Managing an effective capital planning program is essential to the long-term financial health of an organization. This seminar is designed for individuals who are directly involved with preparing a jurisdiction’s capital improvement plan or capital budget. It will cover GFOA best practices in identifying and communicating capital needs, developing a long-term capital plan, prioritizing projects, and preparing and monitoring a capital budget.
This session will focus on the finance or budget officer’s role in the overall capital planning and budgeting process. To meet the many challenges governments face in infrastructure and asset management, finance officers must have skills and knowledge necessary to coordinate the entire end-to-end capital planning process. This session will identify how to prepare an effective capital plan, including how to coordinate a jurisdiction’s process for identifying needs, determining appropriate service levels, and prioritizing projects. Also covered will be how to communicate effectively with operations staff, determining appropriate funding mechanisms, identifying opportunities for possible public-private partnerships, facilitating community outreach and participation, and linking capital plans with overall organizational goals, master plans, and community priorities. 
Seminar Objectives
  • Identify key responsibilities of the finance office for facilitating an effective capital improvement planning process
  • Learn how to take a proactive approach to identifying capital needs
  • Learn how to communicate with operations staff 
  • Analyze approaches to selecting, timing, rating, and prioritizing capital projects
  • Estimate and analyze capital projects
  • Design a capital financing strategy
  • Prepare a capital budget document that is consistent with long-term capital improvement plans
  • Evaluate and monitor capital project expenditures

Recommended Reading
  • An Elected Official’s Guide: Economic Development
  • Priority-Setting Models for Public Budgeting (GFOA Budgeting Series, Vol. 4)
  • Capital Project Planning and Evaluation: Expanding the Role of the Finance Officer (GFOA Budgeting Series, Vol. 8)

Registration Fees:
GFOA member: $580     Nonmember: $790