Practice Element 6A2: Deficit Spending

Land Trust Standards and Practices, Practice 6A. Fiscal Health, includes five elements. This module addresses Practice 6A2: Develop and implement a strategy to address any deficit-spending trends.

This is an investment and spending policy from the accredited Land Trust for Santa Barbara County.

This is a sample spending policy for endowment and stewardship funds from the accredited Leelanau Conservancy.

This guidance covers Practice Element 3A2: Board Financial Oversight.

This guidance covers Practice Element 6A1: Develop an annual budget that reflects the land trust’s annual programs and activities.

Land Trust Standards and Practices, Practice 12B. Land Management and Stewardship, includes four elements. This module addresses Practice Element 12B1.

This guidance covers Practice Element 6A5: Build and maintain dedicated or restricted funds sufficient to cover the long term costs of stewarding and defending the land trust’s land and conservation easements.

This course covers Practice Element 3D1, Board Approval of Transactions.

This guidance covers Practice Element 6A4: Build and maintain sufficient operating reserves to sustain operations.