Local government officials can get a better understanding of how to construct their 2007 budget at a Purdue University Cooperative Extension Service workshop on Friday, June 16.
"Local Government Budgeting: Making Sense of Form 4-B" will be presented by videoconference from 1:00 - 3:30 p.m. Friday at several locations around the state, including Rockville.
Larry DeBoer, a Purdue professor and expert in local and state public policy, will lead the workshop.
The local site for the program will be Rockville High School, with local host Mark Spelbring, Parke County Extension Director. Spelbring requests reservations be called or e-mailed to him at Parke County Extension Office, (765) 569-3176 or firstname.lastname@example.org by noon, Thursday, June 15, so materials can be ready.
"The budget process is more confusing than usual because of the big drop in local income tax revenues and confusion over property tax reassessment," DeBoer said.
He will show participants how to rearrange the data like a checking account. The 16-line state form summarizes expected spending, revenues and balances for each fund, and determines the property tax levy and tax rate for the coming year.
Spelbring will lead local participants through exercises using budget data from the general fund of their own counties. Using actual data can help local officials make decisions about balances at the start of the year, revenues that come in, spending that goes out and balances at the end of the year. Counties, cities and towns, townships, libraries, and schools all use this same format.
"In some cases, it only takes one drawn-out court trial or snowstorm to wipe out budget reserves," said Scott Hutcheson, an assistant program leader for Purdue Extension who is coordinating this new program effort.
For more information about the program, contact Spelbring at the Parke County Extension Office.