CLA Vermont Training - October 2020

CLA Vermont Training- September 2020

Sponsored by the Vermont State Auditor's Office

Thursday, October 8, 2020

8:30 a.m. – 12:30 p.m.

To Register:

This is a live online training event. If you have questions or want further information, please contact Diane Hahn ( or Deputy State Auditor Andrew Stein (

Who should attend this program:

Individuals who work on state, municipal, and school financial issues; individuals who are interested in the impact of COVID-19 and CARES Act funding on Vermont’s economy and budget; individuals who want to better gain insight into how program performance can drive budgeting decisions; and individuals seeking to improve their Excel skills.

Training Overview:

In these sessions we will provide an overview of the potential economic and revenue impacts of the pandemic for Vermont, as well as the pandemic’s impact on the Vermont State budget and the federal response to the pandemic as it relates to the State’s budget. We will also cover what’s being done at the state to develop and roll out Programmatic and Performance Measure Budgeting and why it’s so important. We will finish up with a discussion on financial analysis in Excel and talk about how to implement a few best practices and utilize some common tools such as tables, structured referencing, and Pivot Tables.

At the end of the session, you will be able to:

• Identify the range of potential revenue impacts in Vermont for FY20-22
• Discuss the processes and uncertainties of forecasting and budgeting during an event such as the current pandemic
• Describe the economic impacts on sectors and populations impacted by the pandemic
• Describe the budgetary impacts of COVID-19 for Vermont
• Identify the strengths and weaknesses of the federal response as it pertains to the Vermont budget
• Explain budgetary lessons for the future
• Describe Programmatic and Performance Measure Budgeting
• Identify programs and associated performance measures
• Identify how to assess programmatic success
• Recognize the importance of, and how to use, tables and structured referencing
• Identify how to apply Pivot Tables, Pivot Charts and Slicers to Excel files



8:30 – 8:35 a.m.
Welcome and Introductions

8:35 – 9:25 a.m.
Economic and Revenue Forecasting in the Time of COVID-19

9:25 – 9:35 a.m.

9:35 – 10:25 a.m.
State Budgeting through a Pandemic

10:25 – 10:40 a.m.

10:40 – 11:30 a.m.
Programmatic and Performance Measure Budgeting

11:30 – 11:40 a.m.

11:40 – 12:30 p.m.
Financial Analysis in Excel – Building a Strong Foundation

Instructors: Tom Kavet, Steve Klein, Justin Kenney
Prerequisites: None
Program level: Overview
Advance preparation: None
Delivery method: Group Internet Based
Recommended CPE: 4 credits (2 credits Economics, 2 credits Finance)


NASBA Statement

CliftonLarsonAllen LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

CPE Sponsor Policies

For more information regarding CliftonLarsonAllen’s CPE Sponsor policies, contact

Contact Information

132 State Street
Montpelier VT 05633-5101
Phone: 1-802-828-2281
Toll-Free in VT: 1-877-290-1400
Fax: 1-802-828-5599

Email the Auditor's Office
If you do not receive an "acknowledgement of receipt" email, please call the office at the above number.