Fiduciary Responsibilities for Local Elected Officials

Local elected officials are stewards of the public trust. They are responsible for guiding multi-million dollar county and municipal corporations that depend on numerous sources of revenues and that have multiple layers of policy and management responsibilities. Understanding their financial fiduciary responsibilities is one of their most important duties.

This workshop will focus on understanding and responding to the annual audit, maintaining adequate oversight of fund balance including its limitations and flexibility, and knowing the significance of the various communications and reporting requirements of the Local Government Commission. Attendees will learn from real-life examples of internal control challenges and other significant audit findings, and will see how board involvement can help overcome these challenges in ways that secure the local units’ financial stability. Relationships between the state and local governments in managing public funds will be explored.   

Attendees will receive 3 “Workshop and Program” credits toward Local Elected Leaders Academy recognition. 

The North Carolina Association of County Commissioners provides cost offsets for county elected officials to attend LELA courses. For information on this discount click here.

Local Government Federal Credit Union offers scholarships to local government employees to apply toward tuition for conferences, classes, and seminars offered by the School of Government. There are four deadlines to submit applications:

  • March 1 (for courses starting between April 1 and June 30)
  • June 1 (for courses starting between July 1 and September 30)
  • September 1 (for courses starting between October 1 and December 31)
  • December 1 (for courses starting between January 1 and March 31)
LELA3.00 hrs
  • New Bern, NC
    October 29
    Eastern Carolina Council of Goverments
    233 Middle Street
    #300
    New Bern, NC 28560
    View Scholarship Information

    The North Carolina Association of County Commissioners provides cost offsets for county elected officials to attend LELA courses. For information on this discount click here.

    Local Government Federal Credit Union offers scholarships to local government employees to apply toward tuition for conferences, classes, and seminars offered by the School of Government. There are four deadlines to submit applications:

    • March 1 (for courses starting between April 1 and June 30)
    • June 1 (for courses starting between July 1 and September 30)
    • September 1 (for courses starting between October 1 and December 31)
    • December 1 (for courses starting between January 1 and March 31)
    View Cancellation Policy
    Course participants who cancel their registration on or before October 21, 2019 will receive a full refund. No refund will be made for cancellations on or after October 22, 2019, but you will receive a transferrable credit to be used within 12 months. Click here to view the School’s full cancellation and refund policy.
    View Hotel Information

    The Courtyard by Marriott New Bern Riverfront has reserved a block of rooms for October 28th 2019 for "Fiduciary Responsibilities". The nightly rate per room will be $94.00 for all non-balcony rooms.  To make individual reservations please call 877-863-2116 and mention the group code "fid" or the name of the group "Fiduciary Responsibilities" to receive access to the group block. The cut-off date to make reservations will be September 28th 2019.

    $155.00
    If you are a returning customer, please note that we have a new course registration system that we hope will be easier for you to use. If you encounter any registration issues, please explore our list of frequently asked questions or contact us at registration@sog.unc.edu or 919.966.4414.
For all registration questions, resetting passwords, or login issues please contact:

Dale Zuckert

Assistant Registrar, Registration and Client Services Group
919.966.4414
For questions regarding course details, including location, schedule, materials, and continuing education credits, please contact:

Rachel Mintel

Program Management Associate, Local and State Government Group
919.962.6841
Teaching Professor; Secretary, School of Government Foundation Board of Directors