Big Questions for Small Governments: Appropriate Reserve Levels Based on Risk

Governments of all sizes must deal with a growing list of threats to the community, including natural disasters, infrastructure failures, disease outbreaks, and public safety emergencies, but smaller organizations are particularly susceptible to the financial impacts of these risks. Small governments can mitigate these impacts by conducting a risk assessment and developing reserves.

Panelists will discuss the importance of having reserves, developing policies to govern their use, and ensuring that reserves are a part of an overall risk mitigation strategy focused on business continuity and financial sustainability. This session is sponsored by GFOA's Small Government Forum and will include a brief business meeting of the group and provide an opportunity for member networking.