FIP 228 Local Government Finance

Lecture: 3 Lab: 0 Clinic: 0 Credits: 3

This course introduces local governmental financial principles and practices. Topics include budget preparation and justification, revenue policies, statutory requirements, audits, and the economic climate. Upon completion, students should be able to comprehend the importance of finance as it applies to the operations of a department.

Course is typically offered in Fall
Student Learning Outcomes (SLOs)
At the completion of the course, the students should be able to do the following:

Summarize the types and purpose of local government budgets.
Analyze the types of revenue fire departments receive including the advantages and disadvantages of each.
Differentiate between a capital outlay and operational expense.
Prepare a budget and written justification of the budget for presentation.
Analyze basic finance and budgeting principles in relation to local government agencies.