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Making the Case for Long-Term Financial Planning

The role of government is to serve the community not only today, but also in the future, and to do so, governments need to engage in long-term financial planning. Understanding long-term financial and demographic trends and potential risk factors allows finance professionals to address issues that might threaten the community’s long-term financial sustainability. This course will provide an overview of what long-term financial planning is, the steps involved, and the benefits it provides so that you can make the case for your organization to develop a long-term financial plan.

Learning Objectives:

  1. Differentiate long-term planning from other practices that fulfill a different combination of planning purposes.
  2. Explain the different reasons why government agencies may engage in long-term planning.
  3. Communicate the benefit of long-term planning practices to various government and community stakeholders.
  4. Locate the tools and resources available to facilitate long-term planning.
Where
GFOA Learning Management System (LMS)

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