Articles In The Latest Issue: February 2014
Probability Management in Financial Planning
The emerging field of probability management provides a practical approach to incorporating uncertainty into financial planning in both the long and short term.
Sam L. Savage and Shayne Kavanagh
Managing Against Escalating Pension Investment Fees
Governments need sustainable polices and strategies to keep investment management fees from gobbling up an increasing share of pension fund returns.
Rock Hill and the Importance of the Strategic Plan
Developing a comprehensive and benchmark-based strategic plan has laid the groundwork for many successful projects in the City of Rock Hill, South Carolina.
David Vehaun and Monica Croskey
San Luis Obispo: Planning for Fiscal Recovery
The City of San Luis Obispo, California, created a fiscal health contingency plan that has helped it through a number of financial difficulties, including the recent recession.
Improving the Effectiveness of Multi-Year Fiscal Planning
A 2013 survey found that multi-year fiscal planning and projections are widely used by local governments, and they have a significant impact on improving fiscal discipline and long-term fiscal sustainability.