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Ethics in the Treasury. A Three-Part (Mutually Reinforcing) Strategy. ILG Mission: Promote good government CMTA Code #2. Session Objectives. Provide tools for analyzing ethical dilemmas Identify steps to take to promote good government in your office and beyond
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Ethics in the Treasury A Three-Part (Mutually Reinforcing) Strategy
ILG Mission: Promote good government • CMTA Code #2
Session Objectives • Provide tools for analyzing ethical dilemmas • Identify steps to take to promote good government in your office and beyond • Share resources (and get your input)
Ultimate Objective Your success & happiness as a public servant Prevent missteps
Vacation accounting irregularities Agency credit card misuse Agency supplies & equipment Double-dipping on expenses Extravagant expenses What Would You Do?
What to Do? Sources of guidance CMTA Code Law Other examples Long-term versus short-term thinking
What Happened? Stay Tuned . . .
Ethics Versus Ethics Laws • Ethics = what we ought to do • Laws = what we must do • Penalties—Sometimes severe • Minimum standards • Legal ≠ ethical
Resources on Ethics Laws • No personal financial gain • No perks • Transparency • Fair process • Rest of Story: AB 1234
What We Ought to Do = Values • Trustworthiness • Responsibility • Public’s interest • Perceptions matter • Fairness
Ethics in the Treasury: Hard Choices • Right versus right • Personal cost • Loss of job • Long-term thinking
The Three Strategies Promoting Public Service Ethics
The Three Strategies • Good Practices • Your Education • Educate Others
Good Practices • Checks and balances: Minimize likelihood wrongdoing goes undetected • Internal controls • Audits • Transparency • Hiring for ethics • CMTA Code #4: Observe profession’s technical (and legal) standards
Educate Yourself • CMTA Code #4: Continuous improvement • CMTA Code #2: Promote good government • AB 1234: Take the training • Understand and promote ethics
Educate Others • Decision-makers • Tool: Financial Management for Elected Officials • Oversight is a form of check and balance • The Public • Website/transparency • What does the public need to know to • Participate in democratic processes? • Prevent corruption? (Most important political office . . .) • Know that there’s “Ethics in the Treasury”
Once Again . . . Legal ≠ ethical Ethics = hard choices Three strategies Good Practices Your Education Educate Others