Tools for Cash Flow Forecasting

Field of Study: 

Cash flow forecasting is an essential aspect of a government’s operations that sets the stage for budgeting, cash management, and investing decisions.  GFOA’s best practice and resources related to cash flow forecasting highlight the need for governments to conduct this exercise regularly using a 12-month rolling period separate from the entity’s fiscal year. Speakers will discuss how to establish cash forecasts, which help governments make decisions related to outlays and investing for both liquidity and core portfolios. Government and market leaders will also discuss the importance of and how best to review, update, and report an entity’s cash flow forecast.