Common policies
Two common policies vital in the management of public sector funds are cash management or investment policies as well as debt management policies. The governing body typically takes on the role of establishing policies. Once adopted, these policies establish the framework upon which decisions are made. Two of these policies are critical in managing resources, both cash on hand and borrowed, which are used in funding activities. This session will introduce the attendee to the benefits and basics of both policies. Their creation is largely an interactive process between staff, elected officials, and sometimes experts in the field.
What you'll learn
- Describe the benefits of the policies
- Outline the major components of both policies and what guidance they provide
- Understand how each policy provides an efficient, risk-averse use of available resources
Who should watch
- Government administrators, budget managers, analysts, and other finance-related staff