True or False: The decision to borrow money happens before the council decides what it needs to fund.
The decision of whether to borrow is secondary to the decision of what the municipality wants to purchase or build. After a council determines the community's service and facility needs, it may consider borrowing as one of several available financing options.
The Municipal Elected Officials Institute of Government offers in-person and online courses. Basic Budgeting and Municipal Finance is offered as an on-demand course online. The next in-person courses, Municipal Governance and Policy as well as the Freedom of Information Act in SC, will take place May 21 at regional councils of governments locations.