Managing fund balance is a concern for governments of all sizes, and the City of Sharonville, Ohio, is no different. What does make Sharonville distinct from many other local governments is its fully “risk aware” approach to reserves, which it has practiced since 2014. In this article we’ll see how that approach to risk has served Sharonville and how the city has adapted its reserve strategy to its changing risk profile over nearly a decade.

• Publication date: December 2023
• Authors: Shayne Kavanagh and Scott McKeehan