Budgeting for Uncertain Times
For most organizations, COVID-19 has brought great uncertainty to their flow of revenue. But unlike businesses, local governments are required to keep their doors open and continue to offer much-needed services. With revenues compromised, many local governments are faced with a challenging situation.
Join Theodore Arapis, PhD, Associate Professor of Public Administration at Villanova University, for a webinar on how to mitigate budget gaps at the local level.
Topics include:
Sustaining Revenue Flow
- Use of rainy-day funds
- Re-designate reserves
- Internal borrowing & re-negotiating debt
Controlling Expenditure Growth
- Cutback management strategies
- Participatory service approaches
Monitoring Budget Execution
- Variance and trend analysis- Scenario forecasting
