Fiduciary Responsibilities of Local Elected Officials

This course will be offered Fall 2024.

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.   

 

LELA Level:  This is a 101-level course in the Local Elected Leaders Academy. Elected officials who attend this class will earn 3 credits towards the Practitioner recognition certificate. 

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

There currently are no scheduled offerings of this course.
For all registration questions, resetting passwords, or login issues please contact:

Dale Zuckert

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

Lisa Sheffield

Team Lead; Management, Administration, and Leadership Group
919.962.3464
Albert and Gladys Hall Coates Distinguished Term Teaching Professor; Secretary, School of Government Foundation Board of Directors
Deputy Treasurer and Director of Fiscal Management, Adjunct Instructor, MPA Program