Time: 1:00 pm – 5:00 pm PT

Long-term financial planning is best practice for all governments and allows the finance officer to proactively address risk factors that may impact overall financial sustainability. For many local governments there is significant room to improve the management of capital assets and, in turn, the long-term financial sustainability of the entire organization. Each local government is the custodian of essential assets costing millions (if not billions) of dollars: utility infrastructure, roads and highways, hospitals, ports, schools, parks, vehicles and equipment, information technology, and more. How a local government makes the original investment in these assets, maintains, and eventually replaces them can have a huge impact on service levels and expenses. Governments can use strategic asset management—a future-focused modeling methodology that is specific to long-life facility and infrastructure assets—to figure out what to address and when. This session will explore best practices for strategic asset management, providing case study examples and lessons learned from all types and sizes of government.

• Member Price: $195.00
• Non-member Price: $260.00

• Those completing this seminar should be able to:
• Understand how to implement strategic asset management in your government
• Use strategic asset management to inform budget decisions
• Identify how to build stronger relationships with others in your organization charged with managing assets and work more collaboratively with them