This session is intended for budget staff and others responsible for communicating the capital budget for a government.
After the capital budget or multi-year capital plan is adopted, governments should decide how to best present major capital program highlights in the operating budget document. An exceptional capital budget presentation enhances the transparency and accountability to citizens. It also provides context for stakeholders to understand major components of the capital budget and its relationship to the operating budget. GFOA has best practices that are concentrated on the development, implementation, and monitoring of the capital budget. This training will focus on how to best communicate the capital budget.
Those completing this seminar will be able to:
Seminar objectives include (1) capital planning policies, (2) master plans and capital improvement planning, (3) multi-year capital planning, (4) capital asset management, (5) communicating capital improvement strategies, and (6) capital project monitoring and reporting. In addition, the capital presentation should include a summary/highlights section, project detail on major capital items, and operating impacts.
GFOA Best Practice Presenting the Capital Budget