The City of Colorado Springs, like many other governments, had questions about the amount it should maintain in reserve. This case study of Colorado Spring's risk-based assessment of reserve requirements starts out by identifying general risk factors. It then identifies primary risk factors -- revenue volatility, infrastructure upkeep, and vulnerability to extreme events -- and secondary risk factors before explaining the GFOA's findings and recommendations for the city.

• Publication date: January 2013
• Author: Shayne Kavanagh