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Jan 2015 | Asset Management

IMPLEMENTING A RISK-BASED RESERVE Strategy in Colorado Springs
ELIZABETH FU, GOVERNMENT FINANCE OFFICERS ASSOCIATION

The fall 2013 edition of Public Sector Digest featured an article on City of Colorado Springs, Colorado and its approach to analyzing reserves based on the City’s risk factors. The City wanted to maintain emergency reserves but also wanted to identify an amount to reserve that was specific to its unique circumstances. Through working with the Government Finance Officers Association (GFOA) and Public Sector Digest, the City identified target reserve levels as well as ways to help support its overall reserve strategy. 

 

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