A Risk-Based Analysis of General Fund Reserve Requirements

Risk Assessment

A Risk-Based Analysis of General Fund Reserve Requirements

Download

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

Download

Additional Resources

  • GFOA's Best Practices Forum

    More info
  • Risk Analysis

    More info
  • Balancing the Budget in Bad Times - Part 1

    More info
  • DEBT 101: Issuing Bonds and Your Continuing Obligations

    More info