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Aim 2020 virtual roundtables: CARES Act, financial plans and what to expect in 2021 and beyond

Accelerate Indiana Municipalities (Aim) invites members to attend its annual roundtable series, which will be virtual this year. The virtual road show, taking place Nov. 17 - Dec. 9, is organized by region and includes various opportunities to learn from municipal leaders and discuss challenges, ideas, successes and innovative solutions for your community.

Dates and times

  • Northwest Indiana – Tuesday, Nov. 17, 5:15-7:15 p.m. CT
  • Northeast Indiana – Wednesday, Nov. 18, 5:15-7:15 p.m. ET
  • West Central Indiana – Tuesday, Nov. 24, 5:15-7:15 p.m. CT
  • East Central Indiana – Tuesday, Dec. 1, 5:15-7:15 p.m. ET
  • Southwest Indiana – Thursday, Dec. 3, 5:15-7:15 p.m. CT
  • Southeast Indiana – Wednesday, Dec. 9, 5:15-7:15 p.m. ET

Baker Tilly session

As an annual strategic partner of Aim, Baker Tilly Municipal Advisors is proud to participate in this virtual event. Join us as we present a 30-minute session at each roundtable from 6-6:30 pm:

CARES Act, financial plans and what to expect in 2021 and beyond

This session will focus on financial impacts local governments in Indiana are facing as a result of the COVID-19 pandemic. Specifically, we will explore:

  • Coronavirus Aid, Relief, and Economic Security (CARES) Act funding
    - Updates on requesting and receiving funds
    - Accounting for CARES Act dollars
  • Options for utilizing CARES Act money
    - Today’s wants and needs vs. tomorrow’s cash flow and reserves
  • Financial obstacles on the horizon
    - 2022 local income tax (LIT) impacts
    - Potential impact to other revenue sources
    - COVID-19 economic impacts in 2021 and beyond
    - Tax base/circuit breaker/economic development considerations
  • How the various impacts fit together into your community’s long-term financial and capital plan
    - Financial plans are evergreen, especially in today’s environment
    - Accurate financial planning and future scenario considerations have never been more important

Presenters and subject matter specialists

Visit Aim’s 2020 Virtual Roundtable Series website for more information and to register, or download the brochure.

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