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Fiscal first aid for school districts - recovering from financial distress

Strategies to help districts address short and long-term financial challenges

To help local governments deal with the many short-term and long-term challenges, the Government Finance Officers Association (GFOA) Fiscal First Aid program outlines a 12-step process for recovering from financial distress. This article, originally published by Association of School Business Officials International describes opportunities and strategies to help districts address those specific financial challenges.

Baker Tilly Municipal Advisors, LLC is a registered municipal advisor and controlled subsidiary of Baker Tilly Advisory Group, LP. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP, trading as Baker Tilly, operate under an alternative practice structure and are members of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. Baker Tilly US, LLP is a licensed CPA firm and provides assurance services to its clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and consulting services to their clients and are not licensed CPA firms. ©2024 Baker Tilly Municipal Advisors, LLC

Matt Bubness
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