Check out Navigating Fiscal Crisis, a series of free webinars to help communities respond to the fiscal crisis caused by the COVID-19 pandemic. Offered by the Institute's experts and provided with support from AT&T, webinars cover making ends meet against revenue shortfalls, tools for budgeting and analyzing the economy, planning for cashflow, short-term funding strategies and communicating difficult financial decisions.
Navigating Fiscal Crisis: Economic and Budgeting Tools for Local Governments
The following tools were illustrated in the first webinar on May 28. For more information about these, please see the downloadable slides or watch the recording from the webinar.
County Economic Impact Report: To help Georgia’s local governments better understand the economic impact of COVID-19, the Institute of Government is offering the opportunity to request a local economic impact model report based on local assumptions of job loss by industry sector for a given county. This report will be provided at no cost to you, and we greatly appreciate the support of AT&T in providing you this service. We ask you to identify a person who can serve as the point of contact for the governments in the county who can facilitate completing the local assumptions worksheet. Download the worksheet to get started. (Directions included in the worksheet. For more information, please contact Wes Clarke.)
Budget Balancing Template: The Institute's Budget Balancing Template is a flexible and straightforward tool that allows a user to easily input different cost savings measures and compare those to three revenue scenarios. The downloadable template is meant to assist local government officials in their efforts to create a balanced budget that meets their community’s needs during uncertain times. (Directions included in the May 28 webinar. See slides above. For more information, please contact Paula Sanford.)
Navigating Fiscal Crisis: Easy Access to Economic Data (Georgiadata.org)
On June 4, we offered Easy Access to Economic Data, during which participants learned how to access important data for decision-making through Georgiadata.org. Download the slides or watch the recording now.
Navigating Fiscal Crisis: Managing Cash Flow
On June 9, we looked at the importance of cash flow forecasting and the steps involved in preparing a cash flow forecast. We also demonstrated a template to forecast cash flow. Download the slides or watch the recording today.
Navigating Fiscal Crisis: Short-Term Funding Strategies
On June 16, we considered what happens when your cash flow forecast reveals a deficit. The webinar discussed the options for short-term financing, including advantages and disadvantages of each. Download the slides or watch the recording today.
Navigating Fiscal Crisis: Communicating the New Normal
On June 23, we explored the need for effective communication with the public and your employees during times of fiscal stress. This webinar discussed techniques and tools for such communication, including the use of decision trees and a budget in brief. Download the slides or watch the recording today.
In addition to the services we're actively providing at this time, the Institute has compiled this COVID-19 guide to resources for Georgia's Local Governments:
Information on small business response and recovery and economic injury disaster loans
from the University of Georgia’s Small Business Development Center, which has teamed up with the Georgia Department of Community Affairs and the Georgia Department of Economic Development to provide vital information and assistance. SBDC also is hosting 12 regional webinars to answer questions and provide support.
Latest information on global response to COVID-19
Latest information on national response to COVID-19
Latest information on state response to COVID-19
See information from the International City County Management Association
See the information from the National League of Cities
See information from the National Association of Counties
See the FAQ document from the Georgia Municipal Association
See the emergency management guide from the Association County Commissioners of Georgia
Need WiFi? Through broadband.georgia.gov, Georgians can find locations for accessing WiFi around the state, thanks to telecommunications cooperatives and government agencies.