PPT-The “Art” of Municipal Revenue Forecasting in Arizona

Thursday August 25 2016 230PM 400 PM Pat Walker Pat Walker Consulting LLC Tom Duensing Assistant City Manager City of Glendale 1 Presentation Objectives IntroductionOverview Overview of Budget Process. Since 1981. Jeff Hatch-Miller. Executive Director. January 2011. 3. “To support Arizona programs for the public benefit by maximizing revenue in a responsible manner.” . The Arizona Lottery Mission. . Eric A. Kinsherf . Certified Public Accountant . The Exciting World of Municipal Finance . Municipal Financial Cycle. Budgeting. Revenue Estimates. Operating and Capital Budgets. Best Practices. Town Meeting. IMFO Conference 3- 5 October 2016. EOH at a Glance. Listed in 1998. Best share performance on the JSE in 2014. Over 13 000 staff. End-to-end offerings. B-BBEE Large Enterprise . Level 2. A force for good. Community Meeting. ANNUAL BUDGET. Fiscal YEAR 2014. 1. Agenda. Fast Facts. General Fund Highlights. Annual Budget. General Fund Revenues. General Fund . Expenditures. General Fund Budget Summary. Path Ahead. . . Why and When?. BA543 Presentation. Ken True. What’s a Municipal Bond?. Issued by . a state, municipality or county to finance . . capital expenditures. . Exempt from . federal taxes and from most state and local . Travel and Tourism Management. GOAL!. Copyright. Copyright © Texas Education Agency, 2015. These Materials are copyrighted © and trademarked ™ as the property of the Texas Education Agency (TEA) and may not be reproduced without the express written permission of TEA, except under the following conditions: . Who We . A. re. A non-profit, non-partisan organization. 305 members (303 municipalities & 2 parishes). 38-member Executive Board. (Mayors, Council members, Chiefs of Police/Fire, Clerks). 8 affiliate organizations . Presented by Christopher J. Swanson. Government Finance Research Group. www.MuniCast.com. 1. Financial Modeling & Forecasting Smart Practices. www.MuniCast.com. 2. Smart Practices. Annual Forecasting Model – Key Elements. H.G. Parsa. University of Denver. Presentation. Importance of revenue management. Definition of revenue management. Evolution of revenue management – Contributing factors. Historical perspectives of Revenue management. Mini Exercises . Common . Transactions. Common . Transactions . (Model Answer). Balance . Sheet for a Start Up (1/2). Balance . Sheet for a Start Up (2/2). Balance . Sheet for a Start Up . (Model Answer). PRESENTATION. TO BUDGET STEERING COMMITTEE. MONDAY 12 APRIL 2010. . 1. Administrative arrangements in respect of the budget process are set out in section 15 . - 26 of the . (MFMA) . 56 of 2003. National Treasury Circular 51 issued on 19 February 2010 provide guidelines for the compilation of the 2010/2011 budget.. Date. Customer Logo. Centered Horizontally in this space. Top issues . facing CFOs today. Prioritizing and effectively responding . to the demands on the finance function. Gathering insights from the . Town of Queen Creek. City of Phoenix. City of Glendale. 1. Queen Creek. 2. Introduction. Scott McCarty, Finance Director. scott.mccarty@queencreek.org. 480-358-3170. 3. Data Sources. Demographic Information. REPUBLIC of TURKEY. MINISTRY of TREASURY & FINANCE. Contents. Forecasting Inflows. 2. 1. Forecasting . Outlows. 3. Institutional. . Capacity. & . Reporting. 4. Cash . Forecasting. . and. .