No one can predict the future. However, local government officials should prepare financial scenarios and scenario operation plans in case of another recession. Watch the recording with GovInvest senior public finance advisor Adam Benson to explore the following questions:
• What are the benefits of a long-term financial forecast?
• How do I stress-test “what if” scenarios?
• How do I create a fiscal sustainability plan?
We’ll review best practices from agencies across the country, as well as solutions to forecast your costs accurately while saving time and making informed decisions for 10, 20, 30 years to come. Make sure you’re planning now (while things are easier) for the tough road ahead.