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Using the Financial Condition Dashboard to inform Policy Decisions William C. Rivenbark American Academy of Certified Public Managers October 2012
Financial condition analysis reframes the discussion Show me the audit Show me what shape we’re in GASB 34
We have the pieces, but the state of practice is a jumble No standard definition No standard approach Difficulty communicating
Putting the pieces together is complex Accounting differences Multiple dimensions of financial condition Need for benchmarks for context Manageable effort and presentation
School of Government developed the financial condition dashboard to address the challenges
Financial condition dashboard www.nctreasurer.com/dsthome/StateAndLocalGov/lgcreport It’s as easy as 1 - 2 - 3
Local governments have already used the model to inform and make policy changes
What are the next steps? Training Research
To Contact Us School of Government – Gregory S. Allison firstname.lastname@example.org – William C. Rivenbark email@example.com – Dale J. Roenigk firstname.lastname@example.org
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Professor Robert Allison Vice-Chancellor & President, Loughborough University.
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