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Using the Financial Condition Dashboard to inform Policy Decisions

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 what shape we’re in. Show me the audit. GASB 34.

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Using the Financial Condition Dashboard to inform Policy Decisions

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  1. Using the Financial Condition Dashboard to inform Policy Decisions William C. Rivenbark American Academy of Certified Public Managers October 2012

  2. Financial condition analysisreframes the discussion Show me whatshape we’re in Show me the audit GASB 34

  3. We have the pieces,but the state of practice is a jumble • No standard definition • No standard approach • Difficulty communicating

  4. Putting the piecestogether is complex Manageable effort and presentation Accounting differences Need for benchmarks for context Multiple dimensions of financial condition

  5. School of Governmentdeveloped the financial condition dashboardto addressthe challenges

  6. Financial condition dashboardwww.nctreasurer.com/dsthome/StateAndLocalGov/lgcreport It’s as easy as 1 - 2 - 3

  7. Local governments have already used the model to inform and make policy changes

  8. What are the next steps? Research Training

  9. To Contact Us School of Government • Gregory S. Allison allison@sog.unc.edu • William C. Rivenbark rivenbark@sog.unc.edu • Dale J. Roenigk roenigk@sog.unc.edu

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