Accounts Payable – Whose Job Is It Anyway? Newsletter 06-13-18 (Accounts Payable – Whose Job Is It Anyway) v3 Accounts Payable (A/P) is the responsibility of the Finance Department. With the exception of construction and certain consulting contracts (e.g. legal services, planning, etc.) that require special handling, ALL A/P invoices (with a few exceptions) should… Read More »
Posts Categorized: CitySpeak Blog Podcast Video
Stuck in a City Partnership?
Get Your City Partnership Unstuck. Are you currently feeling stuck in a partnership? Don’t panic. Nothing good comes out of actions based on fear or panic. Just because you feel like you’re “stuck,” you think you’ve got to get OUT immediately. That panic or anxiety you’re feeling about being stuck in a relationship or… Read More »
Careful, don’t Pierce City’s Political Veil
“Careful NOT to Pierce Your City’s Political Veil” In corporate governance, “piercing the corporate veil” results in “personal liability” for Directors and management of the commercial corporation when these ignore the formalities of corporate governance and the state laws that are in place to limit their liability. Basically, the shareholders in the corporation are held… Read More »
PREPARE CITY BUDGET WITH PUBLIC SERVICE IN MIND
PREPARE CITY BUDGET WITH PUBLIC SERVICE IN MIND Some 23 years ago when I landed my first job as City Finance Director, an older City Manager (may he rest in peace) taught me some simple, strong lessons about preparing a Budget for acceptance by the community and adoption by the City Council. I held a… Read More »
Balance Sheet – Review During City Budget Adoption
Balance Sheet – Review During City Budget Adoption Most people at City Hall realize the importance of the Budget that must be adopted by June 30 (or FY end), but ask them about the City’s Balance Sheet and you will likely get a blank stare. During the presentation of the City Budget, the Balance Sheet… Read More »