LELA 201: Top 10 Primer on Capital Budgeting for Local Elected Officials

LELA 201: LELA 201: Top 10 Primer on Capital Budgeting for Local Elected Officials will be offered April 3, 2024 ONLINE via Zoom. The seminar begins at 10:00 a.m. and concludes at 11:15 a.m. This seminar introduces elected officials to the rationale, scope, policy, and process of capital budgeting in local government, including the role of the capital improvement program. It then provides an overview of how local governments pay for capital assets through pay-as-you-go and debt financing before concluding with the relationship between capital budgeting and economic development.
Seminar Objectives:
Describe the rationale of capital budgeting
Present the mechanics of capital budgeting
Introduce the role of the capital improvement program
Discuss the types of pay-as-you-go financing
Discuss the debt options in North Carolina
Describe the role of bond rating agencies
Provide an overview of economic development