Preview

Guide to Municipal Reporting Systems.Pdf

Good Essays
Open Document
Open Document
8638 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Guide to Municipal Reporting Systems.Pdf
A GUIDE TO MUNICIPAL PROGRESS REPORTING

Meeting the Requirements of the Community Charter Community Charter

Ministry of Community, Aboriginal, and Women’s Services

Fall 2003

Preface This guide is the result of a collaborative effort by the Local Government Management Association, the British Columbia Government Finance Officer’s Association and the Ministry of Community, Aboriginal and Women’s Services. The purpose of this guide is to assist municipalities with the new annual reporting requirements under the Community Charter. Under the Charter, municipal councils are now required to prepare an annual report regarding financial and operational information related to the municipality. As part of their reports, municipalities are also required to include a progress report respecting the previous year in relation to objectives and measures established for that year. This guide is intended to provide local governments with a variety of tools that will assist them in setting up their individual reporting schemes. It includes a calendar of key dates for when progress reporting will be implemented, guidelines on setting objectives and measures, as well as sample annual reports. An extensive list of resources is also included for those local governments who may need further assistance in developing their reporting systems.

____________________________________________________________________________________ Municipal Progress Reporting Guide 1 Fall 2003

Table of Contents Preface ............................................................................................................ 1 Table of Contents........................................................................................ 2 Introduction................................................................................................... 3 Principles of Progress Reporting ........................................................ 4 Timetable for Implementation of Progress Reporting

You May Also Find These Documents Helpful

  • Powerful Essays

    Cmgt 410 Week 1 Syllabus

    • 3955 Words
    • 16 Pages

    | |Project Evaluation and Reporting: This section describes the reports that your group uses to | |…

    • 3955 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    Chapters 2 through 8 describe accounting and financial reporting by state and local governments. A continuous problem is presented to provide an overview of the reporting process, including preparation of fund basis and government-wide statements. The problem assumes the government is using fund accounting for its internal record-keeping and then at year-end makes necessary adjustments to prepare the government-wide statements. The problem that follows is presented in the same order as the textbook (beginning with Chapters 3, and 4). Each chapter requires the preparation of journal entries to record the events and transactions of governmental, proprietary, or fiduciary funds. For the General Fund, use control accounts for the budgetary accounts, revenues, expenditures and encumbrances. For all other funds, use separate accounts for each type of revenue and expenditure/expense. At appropriate stages, preparation of the fund and government-wide statements are required. The following funds are included in this series of problems: Governmental Funds General Special revenue—Street and Highway Fund Capital projects—City Hall Annex Construction Fund Debt service—City Hall Annex Debt Service Fund Debt service—City Hall Debt Service Fund Proprietary Funds Internal service—Stores and Services Fund Enterprise—Water and Sewer Fund Fiduciary Funds Private-purpose—Student Scholarship Fund Pension trust—Fire and Police Retirement Fund…

    • 5852 Words
    • 24 Pages
    Powerful Essays
  • Satisfactory Essays

    Senior representative, authorising commitments: Person submitting progress report: Financial contact for membership fee: Reporting Period: Date of Report:…

    • 315 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    An Applied Research Project (ARP) submitted as a requirement of the Master of Business Administration in Community Economic Development at Cape Breton University…

    • 17739 Words
    • 71 Pages
    Powerful Essays
  • Good Essays

    1. Certain core services are provided by most general purpose governments – those related to the protection of life and property, public works, parks and recreation facilities, and cultural and social services. Governments must also incur costs for general administrative support of its service departments. Core governmental services, together with general administrative support, comprise the major part of what GASB refers to as governmental activities. The measurement focus and basis of accounting for these activities is on the flow of current financial resources on the modified accrual basis in the governmental funds and on the flow of economic resources on the accrual basis in the Governmental Activities column of the government-wide financial statements.…

    • 600 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Smithville Instructions

    • 14169 Words
    • 57 Pages

    Thank you for purchasing the City of Smithville Government Accounting Software. This software is designed to be used with the McGraw-Hill/Irwin textbook Accounting for Governmental and Nonprofit Entities, 15th edition, ISBN 0073100951.…

    • 14169 Words
    • 57 Pages
    Powerful Essays
  • Powerful Essays

    Guam makes history as the first U.S. territory to ever submit the federally-mandated Comprehensive Annual Financial Report also known as the CAFR. A CAFR is a standardize report that tells the federal government how the local government collected and spent money, and what’s going on with the local economy and community. The CAFR serves a number of purposes for citizens, investors, and anyone keen on monitoring how the local government is progressing. The purpose of this paper is to provide…

    • 1809 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Governments and not-for–profit organizations prepare financial statement just as businesses making a profit. The financial reports governments and nonprofit organizations use is a comprehensive annual financial report (CAFR). Both annual reports contain similar information such as management’s discussion and analysis and financial statements. The CAFR includes varies other information concerning the governmental structure, budget, population, and major industries.…

    • 1057 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Each year the State of Nevada issues the Comprehensive Annual Financial Report (CAFR). The most recent being the 2011 report that was issued by Kim R. Wallin, the State Controller, for the fiscal year ending June 30, 2011. In recent elections, there have been some additions to the Nevada elected board members. The purpose of this paper is to provide an overview of government accounting and reporting, and to introduce the Nevada CAFR to the newly elected board members. Also contained is an evaluation of the Management Discussion & Analysis (MD&A) section contained in the 2011 report.…

    • 1145 Words
    • 5 Pages
    Better Essays
  • Better Essays

    The accounting policies of Tinley Park comport to the generally accepted accounting principle as applicable to governments. The Governmental Accounting Standards Board (GASB) is the legal body for enacting governmental accounting and financial reporting principles. (Tinley Park, 2009).Upon your request this paper is intended to discuss the governmental accounting and for-profit financial accounting, and to provide an overview of government reporting and reporting entity for the village of Tinley Park as well as provide an Assessment of the Management discussion & Analysis reporting unit for the village of Tinley Park.…

    • 1144 Words
    • 5 Pages
    Better Essays
  • Good Essays

    We next focus on accounting from a “manager’s” point of view; that is, as a person interpreting rather than preparing these statements. Issues relating to cash flow management, budgeting and relevant costs will be discussed. The emphasis will be on decision making. Wherever possible, the generic material provided will be related to community economic development scenarios.…

    • 1343 Words
    • 9 Pages
    Good Essays
  • Satisfactory Essays

    -I don’t like the fact that it requires a lot of reports and progress reports at same times. Also I pity the fact…

    • 404 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    This briefing will review and discuss the comparison of governmental accounting and profit financial accounting. This briefing will also detail how to understand governmental reporting and reporting entities. Last, this briefing will outline management discussion and analysis reports for the state of Michigan.…

    • 1043 Words
    • 5 Pages
    Best Essays
  • Satisfactory Essays

    CM Gilmore met response time regarding the children in the home reporting that when they visit BFA Rocky Vorhies they are disciplined with a history stick. The children in the home both reported doesn't agree with the discipline that BFA uses. Bmo reported that she has never seen a bruise or mark on the children. CM interviewed BFA via telephone, who admitted to using the discipline due to the children being disrespectful. BFa reported that he wouldn't change his discipline in the future. CM contacted collateral, who had no safety concerns regarding the home enviornment of both parents. CM contacted school who reported that Carsen has been having behavioral issues in school.…

    • 112 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    A Field Training Officer (FTO), Rutledge (Author), is on patrol with a patrol officer. He has to type his first police report and is not doing a good job. His officer was disappointed at what he had read in his report; he’s going to show the rookie how it’s done. The officer’s report was not only 50% longer, but full of jargon. The rookie cop stated, “Why do we write like that?” “Because that’s the way we’ve always done it,” replied the officer. After years of being a cop and writing real police reports, Rutledge became a prosecutor. After numerous trails, Rutledge was still boggled at the way police reports were written. So he decided to ask other people in the field of criminal justice and the explanation was the same, “that’s the way we’ve always done it, and no one has bothered to ask why.” The problem is the style is all wrong and everyone is trained to write this way. Rutledge states, “Police reports should be written in the way that you would normally communicate information.” Police reports need to be correct, unclouded and believable otherwise law enforcement personnel will undoubtedly lose the case. During a trial police reports are designed to help the officer out not the criminal; consequently, the court has trouble understanding the reports due to the style, too much jargon, excess big words, and awe and not enough communicating what you know. Rutledge states, “Work smarter not harder.”…

    • 1653 Words
    • 7 Pages
    Good Essays