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Financial Recovery - A 12-Step Process
Total items: 1
Date: 12/10/2012 thru 12/10/2012
Late Registration Deadline: 12/10/2012
Declining revenues and increasing expenditures are putting many local governments in a hard spot. The GFOA has designed a 12-step process for recovering from financial distress that aims to not only help governments arrest the decline, but to ultimately achieve a stronger, more resilient financial condition than when they started. This session will cover key concepts from the GFOA’s financial recovery Web site, such as building a recovery team, strategies for recovering from distress, and leading and managing the recovery process. The session will also feature practitioners who have experienced financial distress in their own organizations and what they learned.