Resources

City Fund Balances 101

Information Memo

Describes city fund balances and provides related definitions of terms.

Published Dec 5, 2023.

LMCIT Property, Crime, Bond and Petrofund Coverage Guide

Information Memo

Learn about property, crime, and petrofund coverage offered by the League of Minnesota Cities Insurance Trust.

Published Nov 27, 2023.

IRS Audits of City Payroll

Information Memo

Prepare for a potential IRS audit or compliance check by learning about common problematic issues for cities.

Published May 15, 2023.

Dates for City Budgets 101

Information Memo

A quick reference to important dates for cities in the state aid and property tax systems.

Published Apr 1, 2023.

Electronic Funds Transfer Fraud

Get tips to avoid Electronic Funds Transfer (EFT) fraud, and access a model policy on Safe Electronic Transfers and Payments…

Published Mar 9, 2023.

LMCIT Liability Coverage Guide

Information Memo

Learn about liability (casualty) coverage offered by the League of Minnesota Cities Insurance Trust including its unique coverage offerings.

LMCIT Auto Coverage Guide

Information Memo

Understand auto liability, auto physical damage, no-fault, and uninsured / underinsured coverage offered by the League's Insurance Trust.

Experience Ratings in the Trust’s Liability and Workers’ Compensation Premiums

Explains the League of Minnesota Cities Insurance Trust’s (LMCIT’s) experience rating formula.

Published Nov 15, 2022.

Layoffs and HR Cost-Saving Measures

Information Memo

Options for saving costs by reducing staff through furlough or layoffs. Describes alternatives such as hiring or wage freezes.

Published Sep 21, 2022.

American Rescue Plan Act Final Rule Highlights

Get an overview of the American Rescue Plan Act (ARPA) Final Rule and view a video and infographic that provide…

Published Feb 24, 2022.