Financial management is filled with uncertainties, such as predicting future revenues and deciding what size of financial reserve is necessary to cover risks. Communicating such uncertainties to elected officials and staff can be a real challenge. This session will discuss how to present the uncertainties in financial management and provide experiences from practitioners who have used these methods. Sam Savage, author of the book Flaw of Averages and an internationally known expert on managing uncertainties, will be featured.
Estimates not Promises: How to Talk About Budget Numbers With Your Council
Sunday, May 18, 2014 - 2:40pm to 3:30pm
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