We have assisted Municipalities in many ways, from performing their annual financial audit, to utility rate studies, to the selection of financing for a particular project.
We have been guest speakers at various functions related to the Municipality Industry this includes how to review your utility rates to establishing best practices over the accounting environment.
We currently work with over 40 clients in the Municipality Industry which helps in providing our clients with comparables for financial reporting and best practices for internal control matters.
Our firm has developed a scorecard system to determine the financial condition of the City. This makes it easy for the Mayor and City Council to determine the strengths and weaknesses.
The City/County is required by statue to complete an annual budget. We assist Cities in planning for the future. Our budget process is not just about compliance, it sets out the plan for the next year. We make sure that utility funds are meeting certain financial benchmarks, we review the assessed value and discuss with the County if there are any issues or significant changes, we provide various scenarios for mill levy setting, we set up a capital improvement plan and start the process of funding the plan, we review the cash position of each fund and determine if the fund is meeting certain financial benchmarks. Our presentation is very detailed to the Mayor and City Council, and become a working document for the future.