Basic Budgeting for the Tribal Organization
Finance

December 14-15, 2009

Las Vegas, NV   |   Las Vegas Hilton A limited amount of rooms have been reserved at a discounted rate for Falmouth attendees. For a rate of $59 per night, please call 1-800-635-7711 by November 21 and mention Falmouth Institute.

$755

This class is part of the 2009 Indian Country Training Summit & Expo.

The tribal budget is the most powerful policy-making “tool” available to tribal leadership. It’s the most accurate way to track your organization’s funds and evaluate how successfully your money is used. However, the budgeting process demands diligence — from establishing goals and assessing tribal needs to getting community input and determining the amount of tribal funds that should be allocated to various programs.

This two-day class addresses the budget’s role in tribal organizations. Key aspects of the budgeting process, including performance- based budgeting, budget execution, recision and supplemental and emergency spending, will be thoroughly covered. Don’t miss this training session — register today.

Please click here to view the brochure.

Topics that will be covered include:

Purpose, Importance and Value of the Budget Process Statement of mission Statement of goals Statement of “power” Defining the budget process — key ideas and terms Relationship of the tribal budget to short-and long-range planning goals Background Preparation and Budget Inputs Identifying current programs and projects Identifying tribal needs Effectiveness of current tribal spending Tribal community hearings and other inputs Budget organization Planning Budgets and General Budget Types Elements of planning Strategic planning Policy overview Three types of budgets Preparing budgets Adopting a budget Guiding a budget program Performance and discharge Breach of contract and remedies Amending the budget How to Amend After the “Fiscal Year” Begins Why amendments are sometimes necessary Typical amendments Prior approvals Class discussion and role-playing How to Budget Labor Expenses Necessary levels of detail Payroll calculations Increases Planning tips Sample labor budget How to Budget Depreciation Expenses What is “depreciation?” Quick estimate of depreciation expenses GASB 34

How to Budget Other Expenses Tax and interest Travel Overhead Selling expenses Overhead Costs Calculating rate of overhead costs Direct costs Statement of General Policy Budget calendar Budget forms Sample Budget General fund budget expenditure summary Judicial administration Position classification plan Basic salary schedule Debt service schedule Capital outlays in proposed budget Performance-Based Budgeting Budget cycle Performance budgeting in small government entities Measuring performance Government uses Key terms and sample budget Program Review Program and project review and evaluation Establishing performance measures Numerical measures Measuring outcomes Determining cost per program transaction Evaluating performance The Budgeting Process and Self-Governance Tribal accountability and responsibility Allocation of funds based on tribal needs and priorities Cost effectiveness of tribal programs Foundations for tribal fiscal stability Reprogramming federal funds