Lessons Learned in Assessing and Managing Financial Risks

Local governments increasingly face unpredictable financial risks from events like floods, wildfires, earthquakes, liability claims, and more. Accurately assessing these risks is crucial for protecting a government’s fiscal health.

This session will distill practical lessons learned from multiple GFOA local government risk analysis projects performed for local governments of many sizes and types. We'll cover cutting edge quantitative risk assessment methods. Participants will hear real-world insights about common pitfalls, effective analytical approaches, and key strategies to better understand and communicate financial risks to decision-makers.