This course reviews the authorized debt financing and other capital financing options available to local governments in North Carolina. It reviews the legal authority and procedures for each capital financing option (current revenues, savings, special levies, and borrowing money) and discusses common practical and strategic issues. Note that the focus of the course is on state law authority only. It does not address marketing issues related to issuing debt.
Participants will be required to complete a few hours of pre-work before the course begins. Details of the pre-work will be provided prior to class.
Knowledge and experience level: The workshop offers intermediate to advanced instruction, presenting concepts and information at a level equivalent to university graduate education. Participants should have at least one and preferably two or more years of experience in local government budgeting, finance, or management.
Certification: Completion of this course fulfills one of the core course requirements for the Local Government Finance Officers' Certification Program.
CPE Credit: Recommended Continuing Professional Education Credit for Certified Public Accountants will be 18-20 CPE hours.
Scholarships:
LGFCU-SCHOOL OF GOVERNMENT SCHOLARSHIP (April 1, Aug 1, Dec 1)
The deadlines for School of Government course scholarships from Local Government Federal Credit Union is April 1, August 1 and December 1. These scholarships will cover all or part of the tuition for any SOG course, seminar or workshop. Scholarship applicants must be LGFCU members.
LGFCU offers this program to help nurture the career development of its members who are employed in local government in North Carolina. Awards are made three times each year, or until funds (up to $50,000 annually) are expended. Applications are accepted throughout the year, with deadlines of April 1, August 1, and December 1—so advance planning is helpful.
For information and a copy the application, visit: https://www.lgfcu.org/benefits-and-services/scholarships/sog-scholarship.
Teaching Methods: Lectures, exercises, and case studies
Advanced Preparation: None
