The Fiscal First Aid Resource Center from the Government Finance Officers Association (GFOA) is a set of resources to help local government finance officers through a financial crisis. County governments are already feeling the fiscal fallout from the COVID-19 pandemic and in the coming months, the chance that counties will see increased expenditures, decreased revenue or a combination of both is extremely likely.
The resource includes is a 12-step process called Fiscal First Aid: Recovering from Financial Distress. Access the guidance HERE.
Fiscal First Aid 12-step process:
- Step 1: Recognition
- Step 2: Mobilize
- Step 3: Generic Treatments
- Step 4: Initial Diagnosis
- Step 5: Fiscal First Aid
- Step 6: Detailed Diagnosis
- Step 7: Recovery Plan
- Step 8: Long-Term Treatments
- Step 9: Long-Term Financial Planning
- Step 10: Recovery Leadership
- Step 11: Manage the Recovery Process
- Step 12: The Outcome of Recovery
Additional resources from GFOA
- Working Remotely: A Guide for the Public Sector
- Cash is King: Short-Term Strategies to Slow the Flow of Money Out the Door and Keep the Budget Balanced
Upcoming Training
