Unknown Unknowns: How to Plan for New Risks

Conference Registration

In an era of escalating challenges and complex threats, governments must be prepared for a range of risks that can disrupt communities and strain resources. This session will delve into the most significant emerging risks facing local governments today, such as natural catastrophes, cybersecurity threats, and the elusive "unknown unknowns" that can arise without warning.

Speakers will discuss the importance of maintaining robust rainy day funds, securing appropriate commercial insurance, and developing financial strategies to mitigate these risks. Attendees will learn how to enhance their financial resilience through proactive fiscal management, ensuring their communities are well prepared to face both foreseeable and unforeseen challenges.

Learning Objectives

  • Identify both longstanding and emerging risks facing local governments.

  • Discuss the benefits of maintaining a rainy day fund to mitigate risk.

  • Describe how local governments can maintain financial resilience by managing their risks proactively.