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Financial Planning: 8 Characteristics of Fiscal Resiliency
Total items: 1
Date: 07/25/2013 thru 07/25/2013
Late Registration Deadline: 07/25/2013
The concept of "financial sustainability" has captured the attention of local government leaders. Although necessary, sustainability alone is insufficient to ensure the ongoing financial health of local government. A sustainable system is balanced, but an external shock can unbalance the system and perhaps even collapse it. Local governments will continue to face serious challenges from outside, including but not limited to economic adjustments, natural disasters, and important policy changes by other levels of government. As such, finance officers must strive to help their organizations go beyond sustainability to a system that is adaptable and regenerative - in a word: resilient. This seminar will review the characteristics of a financially resilient system and policies and strategies finance officers can pursue to move towards resiliency.