Municipal Taxation and Budgeting: Plan, Prepare, & Execute

**Please note: This workshop is not part of the Harold F. Holtz  Municipal Training Institute. No credit hours will be awarded for this workshop.** Join us for a one-day workshop that focuses on property tax calculation, understanding the tax digest, and municipal budgeting. Tailored exclusively for city officials, this regional workshop immerses participants in the intricacies of setting millage rates, navigating the property tax digest, and crafting a resilient city budget. Cost: $50 per workshop (morning & afternoon sessions $100) Key Learning Objectives: Millage Rate Setting: Uncover the nuances of millage rates and their direct impact on revenue. Engage in hands-on exercises using your city tax digest to calculate and establish millage rates. Analyze economic trends and property assessments to make informed decisions for sustainable financial planning. Components of Municipal Tax Digest: Breakdown of the various components that make up the tax digest, such as real property, personal property, and exemptions. Understanding the assessment process for different types of properties and how it contributes to the overall tax digest. City Budget Crafting: Navigate the step-by-step process of creating a comprehensive city budget. Allocate resources based on community priorities and needs through practical, real-world examples. Discover best practices for presenting and justifying the budget to stakeholders. Delivery Method: This immersive one-day training combines interactive lectures, real-world case studies, and practical exercises. This training will be divided into two parts: a morning session and an afternoon session. Participants may register for both or just one. Participants will have the unique opportunity to use their city's tax digest to actively engage in millage rate calculations, ensuring a hands-on and applicable learning experience. Facilitated by seasoned experts in municipal finance, the workshop encourages active participation, fostering an environment conducive to peer learning and networking. Who Should Attend: City Elected Officials City Clerks Finance Directors Budget Analysts Tax Assessors Local Government Administrators Join us and empower yourself with the skills to navigate the complexities of setting millage rates, understanding your tax digest, and crafting a resilient city budget. Elevate your city's financial stewardship to new heights through practical, hands-on learning!
When
3/19/2024 9:00 AM - 4:00 PM
Eastern Daylight Time
Where
Edward B. Pope Conference Center 48 Lexington Avenue Washington 30673
Registration
Registration is closed.
Event Contact
Ms. Sherri D. Bailey - Phone: (470) 755-1357

Program

Tuesday, 19 March 2024

Description
Participate in a comprehensive 3-hour workshop focusing on the intricacies of crafting a municipal budget. Delve into the legal prerequisites, strategic planning, the art of creation, approval procedures, and effective implementation of a city's budget. This hands-on session aims to equip participants with the necessary skills to navigate the city budget process confidently.
Time
9:00 AM - 12:00 PM
3/19/2024 9:00 AM
This session will focus on the nuances of millage rates and their direct impact on revenue. Participants will engage in hands-on exercises using your city tax digest to calculate and establish millage rates. Learn how to analyze economic trends and property assessments to make informed decisions for sustainable financial planning. Understand all the components of the Municipal Tax Digest.  We will breakdown of the various components that make up the tax digest, such as real property, personal property, and exemptions. We will also review the assessment process for different types of properties and how it contributes to the overall tax digest.
Time
1:00 PM - 4:00 PM
3/19/2024 1:00 PM