Articles In The Latest Issue: October 2013
Sizing Your Reserves: A Risk-Based Approach
The GFOA was recently able to work with the City of Colorado Springs to apply a risk-based approach to sizing reserves, helping the city determine a deliberate and strategic amount of general fund financial reserves.
Shayne Kavanagh and Kara Skinner
Chula Vista’s Path to Financial Recovery, Using the GFOA’s 12-Step Process
After a decade of extensive growth, the City of Chula Vista experienced several years of significant fiscal stress and needed to find a path to recovery.
Yolo County Uses Best Practices to Guide Long-Term Planning
The Great Recession underscored the urgent need for long-term planning for many local governments, including Yolo County, California, which determined that recovery and growth would not be possible without first strengthening the county’s financial infrastructure.
Navigating Turbulent Times: Approaches and Strategies
To navigate these times of economic turbulence, local governments need proactive approaches and strategies that address critical fiscal management issues.
Nancy Zielke and Douglas Stokes
Zero-Base Budgeting: A Concept Whose Time Has Come – Again
The City of Garland, Texas, has a long and interesting history with zero-base budgeting, a process that remains useful in today’s local government environment.
G. Chris Hartung
Property Tax Levies and Collections in New Orleans, Before and After Hurricane Katrina
The New Orleans experience is a case study of how a natural disaster alters the financial landscape of a city drastically and immediately, and provides insights into how the tax base might behave after a natural disaster.
Salomon Alcocer Guajardo