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Offices Closed to Public

The Department of Commerce, Community, and Economic Development offices are closed to the public at this time. We are still open for business and encourage you to contact us via phone or email.

Local Government Resource Desk

Budgeting & Financial Management

Debt and Investments


There are many options available for acquiring debt and/or investing excess funds. As a result, managing debt and investments can be a complicated process. Generally smaller communities have little experience with bond sales, loans, or investment portfolios and should consult with a professional when deciding to invest or to borrow either through a financial institution or through the sale of bonds. Local governing bodies have a fiduciary (trust) responsibility to manage public resources in a manner that is in the best interest of the community, so any decision to borrow or invest must be made with this best-interest concept in mind.

Narrative Frequently Asked Questions Additional Resources Applicable Laws and Regulations

Revised 12/30/2014