Munetrix presents School and Government Finance 101 Webinar

Michigan-based Munetrix, a data aggregator offering a comprehensive suite of reporting, management and forecasting tools designed to meet the financial management and transparency needs of states, municipalities and schools, will conduct a webinar on Tuesday, Aug. 25 at 10:00 a.m. EST titled, “School and Government Finance 101”. The webinar is directed at engaged citizens interested in learning the basics of school and government finance. Bob Kittle, president of Munetrix, notes that public financing has an impact on all citizens.

“Almost every citizen has the potential to be a board member in the making, whether one’s interest is directed toward the school board, the city council or both,” Kittle said. “This webinar will address the foundation of public financing and help future policy makers, voters and concerned citizens understand and be informed about government spending decisions.”

The webinar will be conducted by Munetrix co-founders Buzz Brown and Bob Kittle. Following the webinar, participants will be better equipped to understand:

· The basics of “fund balance” accounting

· What public sector accounting is and how it works

· How public sector financing is different from the private sector

· How schools and governmental units obtain money when current resources are depleted

· School funding, bond issues and sinking funds

In addition to the hundreds of school districts and municipalities currently using the Munetrix platform for transparency compliance, budgeting and forecasting, there are nearly 300 citizens accessing the entry-level Munetrix overview platform at no charge.

“Many people have difficulty understanding finance, but public sector accounting can be especially complicated, even for policy-makers tasked with approving multi-million dollar budgets. That’s why we have average citizens following their city and school district’s key data points, including spending, through Munetrix,” Kittle said. “Following the webinar, participants will better understand the basics of fund balance accounting and, for example, why even though a municipality or school district may have money in various funds, it may be restricted or non-spendable.”

Details:

What: School and Government Finance 101 - a webinar for engaged citizens

When: Tuesday, Aug. 25 from 10 a.m. to 10:45 p.m. EST

To register: Register for the event online here.

Or type: www.tinyurl.com/citizens101 into a browser

Questions: Bob Kittle, 248.797.1337; bob@munetrix.com

About Munetrix

Michigan-based Munetrix is the creator of the Munetrix (municipal metrics) cloud-based local government transparency tool and is among the nation’s largest aggregators of municipal and school district data, allowing subscribers to view public sector financial and demographic data in an easy to understand format and use that data to make meaningful and reliable budgets and financial projections. What is your community’s Munetrix Score? To learn more, visit the Munetrix website.