Government budgets are driven upward by personnel costs and related benefits. Generally, one of the biggest personnel budgets belongs to the police department. However, the nature of services that police do exposes local governments to additional financial risk. While they make headlines across the country for the social impact, everything from car accidents, bias and discrimination lawsuits, employee relations issues, to excessive force cases and more can have a significant financial impact. This session will features speakers that help discuss some of these difficult issues from the perspective of a finance officer and provide recommendations for how to limit the financial risk that is inherent within public safety.
Arresting Public Safety Costs - Ways to Prevent Police Department Personnel Costs from Taking Over the Budget
Sunday, May 19, 2019 - 2:40pm to 3:30pm
Field of Study:
Understanding of local government budget structures and overall risk management