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SVEP: Financial Management for Projects

June 24 @ 2:00 pm - June 25 @ 10:30 am

Free
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Part 1: An introduction to budgeting and budget management, June 24th, 2:30-4:30 pm

Part 2: Capital Budgets , Project Budgeting using a Real Live Project, and Getting More Money, June 25th, 8:30-10 am

Part 3: One-on-one Technical Assistance with Gary Deziel, June 28th, 29th, or July 1st, 1.5-hour time slot (available for those who attend Part 1 and Part 2)

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Join us for our SVEP 2.0 small conference on Financial Management for Projects. This is the second of the four-part 2021 Project Development Series. In this training, we’ll cover the role of strategic planning in budgeting to budget controls (a.k.a. “Seven Keep-me-out-of-prison Essentials”). We’ll also dive into an actual, real-life project budget and touch on getting more money through endowments to bonds. 

The Part 1 trainer, Gary Deziel, is an Extension assistant professor for UVM Extension. His work focuses on public library budgeting and human resource management, and workforce development. He is former Associate Dean of Finance and Operations, UVM Extension. Gary has experience in budgeting and budget management, grants and contracts, fund accounting, gifts, endowments, cash management, petty cash, and sales and fees. 

The Part 2 trainer, Bobbi Kilburn, joined BDCC in February, 2015 as its Grant & Project Manager, and in 2016 she transitioned into the role of Director of Finance & Grant Management. Prior to joining BDCC, she was providing business and financial support to the Vermont Center for the Deaf & Hard of Hearing, acting as its Director of Finance and Board treasurer during its wind-down phase, and to Green Mountain Power Corporation providing litigation support specific to Vermont Yankee Nuclear Power Corporation. Both followed her 15 years with Vermont Yankee Nuclear Power Corporation as its Vice President, Treasurer and Corporate Secretary.  Bobbi also provided financial and business consulting services to the International Atomic Energy Agency in Vienna, Austria and to Monadnock SCORE Chapter #379 in Keene, NH.

This training will be held virtually, unless the pandemic situation improves.

Please register for this event here

Tentative Agenda:

Part 1: June 24th, 2:30-4:30 pm

An introduction to budgeting and budget management: Gary Deziel, UVM Extension

    • First things first: the role of strategic planning in budgeting
      • Students will understand that their organization’s value, mission, and vision are foundational to a successful budgeting process.
    • What is a budget?
      • The student will understand what a budget is, why one is required, and what the basic characteristics of a budget are. Annual budgets are the focus of this topic, capital and other budgets may be considered.
    • Talk (a little) like an accountant
      • The student will understand the basics of accounting-speak, including terms such as chart of accounts, journals, funds, expenses, and revenues, as well as learn about the “four legs of the accounting stool” and its implications in ethical and sound money management.
    • Budget cycle
      • The student will understand the basics of the budgeting process and gain an appreciation for the cycle budgeting truly represents.
    • Wonderful reports
      • The student will gain greater insight into monthly fund account reporting, including budget-to-actuals and the utility of reporting to keeping the organization on sound financial footing. Also, the student will better understand other common reports, such as profit and loss, cash flow, capital budget, et cetera, as appropriate.
    • Things you absolutely have to do
      • The student will understand the “Seven Have-to-do Essentials” [caveat: maybe less, maybe more] you must do to competently managing their organization budget.
    • Keeping the till safe – budget controls
      • The student will understand the “Seven Keep-me-out-of-prison Essentials” (yeah, seven essentials is a trend here) of keeping your “books” squeaky-clean.

Part 2: June 25th, 8:30-10 am

Capital Budgets and Project Budgeting using a Real Live Project: Bobbi Kilburn, BDCC

Getting More Money 

    • Endowments, gifts, fundraising, grants, bonds, private investment (opportunity zones), revenue (rent or service contract), loans

Part 3: June 28th, 29th, or July 1st

One-on-one Technical Assistance with Gary Deziel

1.5 hour time slot (available for those who attend Part 1 and Part 2)

    • This follow-up is offered if you are interested in a short (up to 90 minute) one-on-one technical assistance session on budgeting, understanding reports, budget management, cash management, and/or budget controls.
    • If interested, you must attend both Part 1 and Part 2
    • Separate registration: email slang@brattleborodevelopment.com

Details

Start:
June 24 @ 2:00 pm
End:
June 25 @ 10:30 am
Cost:
Free
Event Category:
Website:
https://us02web.zoom.us/meeting/register/tZwsf-qupz8oHdXm4F4fuJ7MrLTbg_p618YC

Venue

Zoom

Organizer

Sarah Lang
Phone:
18022577731
Email:
slang@brattleborodevelopment.com
Website:
www.brattleborodevelopment.com