True or False:
Once a budget has been adopted by a city or town council, the council is no longer responsible for oversight of the budget. Responsibility for oversight falls to either the mayor or the city administrator or manager, if any, to handle.
False
Once the council adopts a budget, the entire council remains responsible for making sure that the budget is properly administered, revenues and expenditures are properly documented, debt is responsibly issued and administered, and an external independent audit is conducted each year. Even when there is an administrator, a manager, or a mayor acting as chief administrative officer under the mayor-council form of government, the full council should still receive regular financial reports and provide oversight.
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 Municipal Elected Officials Institute of Government offers in-person and online courses. The next in-person sessions, “Freedom of Information Act in SC” and “Municipal Governance and Policy,” will take place May 16 at regional Councils of Governments locations.