Powered by

© 2019 by ResourceX                 www.ResourceX.net

COVID-19 Support

The COVID-19 pandemic has created unprecedented challenges across the country. And while there will be more challenges in the days and weeks ahead, we are also planning for emerging from these challenges and how we can support our clients and partners in a strong recovery.

Scroll down for resources related to:

  • Fiscal Health Forecasting & Scenario Planning Tools

  • Program Level Data Application

  • Continuity of Operations Planning (COOP)

Screenshot 2020-03-31 13.41.27.png
Screenshot 2020-03-31 13.41.35.png

Fiscal Health Forecasting + Scenario Planning

For ResourceX current clients, we are offering 3 full months FREE software and training for the Fiscal Health Scenario Planning + Forecasting Tool.

*For non-client partners, we are offering a 33% discount on Fiscal Health Scenario Planning + Forecasting software and training.

*For all local government peers & partners, we are offering free webinar training that provides guidance and instruction on how best to approach fiscal forecasting and scenario planning. See Fiscal Health video

overview, training resources plus webinar training schedule below.

The COVID-19 pandemic has created unprecedented uncertainty across the country. We’ve watched as business closures have led to widespread layoffs, while simultaneously small business loan program and interest rate policy attempt to provide immediate access to needed capital.

Certain essential services are in need of ramped up funding for public safety, public health and economic support. And non-essential staff are still being funded, putting strain on emergency reserves.

  • How will your revenue streams be impacted by social distancing policies?

  • Can ear-marked funding for capital projects be redeployed to back-fill for revenue shortfalls?

  • What will short term, one-time efforts to ramp up emergency response mean for your long-term reserve policy?

  • How does your financial picture respond in the case of a summer-time reprieve and a “flattening of the curve”, and what might a fall-season return of COVID mean?

  • We want to help you model these scenarios, reduce uncertainty to the greatest extent possible, and build “what-if” scenarios to plan around.

Fiscal Health Video Overview, Training Schedule + Support Materials

Video Overview

Training Schedule

Fiscal Health training consists of two courses: 

Data Organization & Entry

Scenarios, Initiatives and Analysis 

 

The webinar course schedule is listed below. Registration is free and is required.

Data Organization & Entry

  • Access recorded Data Organization & Entry webinar training here.

  • Future live webinar training(s) - Tuesday, March 31, 1:00pm MT - Register here.

  • Future live webinar training(s) - Tuesday, April 7, 1:00pm MT - Register here.

  • Future live webinar training(s) - Tuesday, April 14, 1:00pm MT - Register here.

Scenarios, Initiatives and Analysis

  • Access recorded Scenarios, Initiatives and Analysis webinar training here.

  • Future live webinar training(s) - Thursday, April 2, 1:00pm MT - Register here.

  • Future live webinar training(s) - Thursday, April 9, 1:00pm MT - Register here.

  • Future live webinar training(s) - Thursday, April 16, 1:00pm MT - Register.

Open Fiscal Health Q & A Sessions

  • Future webinar Q & A sessions - Friday, April 3, 2:00pm MT - Register here.

  • Future webinar Q & A sessions - Friday, April 10, 2:00pm MT - Register here.

  • Future webinar Q & A sessions - Friday, April 17, 2:00pm MT - Register here.

For additional guidance on fiscal forecasting, see GFOA's Financial Forecasting in the Budget Preparation Process.

As a commitment to our client's success, we would like to offer you our Fiscal Health software *free of charge for the next three months. Additionally, we have established a complimentary support package to get your fiscal data loaded and quickly train you on how to use this tool to efficiently model different fiscal forecasts and scenarios. 

 

 

 

 

 

 

 

Support Package   

  • Three months of free access to Fiscal Health software tool

  • *For non-client partners, we are offering a 33% discount on Fiscal Health Scenario Planning + Forecasting software and training

  • Online group accelerated training consisting of:

  1. Data – participants will be trained on the standardized template for collecting their own data, and loading it into the tools.

  2. Analysis – participants will learn the approach to differentiating ongoing vs one-time revenue and expenses, and will learn basic forecasting strategy.

  3. Scenario Building – participants will learn how to model forecasts and various “what if” scenarios

  • Access to recorded trainings to reinforce guidance and support

 

Please contact VP of Customer Success Eric Keck (ekeck@resourcex.net) to discuss and confirm your interest in this opportunity. Fiscal Health training begins the week of March 23rd, so time is of the essence.

 

Please click here for an overview of the Fiscal Health tool. Once confirmed, we will connect you with our Fiscal Health support specialist and get you registered for onboarding and training. And you will be quickly on your way to obtaining powerful forecasting tools to support your financial planning and recovery.

Continuity of Operations Planning (COOP)

Continuity of Operations Planning (COOP) Webinar:

Applying Program Level Data

The COVID-19 pandemic has created an urgent need for local governments to create and/or initiate their Continuity of Operations Plan (COOP). Priority Based Budgeting communities have a tremendous planning advantage by applying program level data. Not only do you have the advantage of data, but you also have a community of practitioners who are facing the same challenges as you are. Connect with your PBB community to approach this emergency efficiently and effectively.
 
Chloe Ross, Strategic Initiatives Program Manager
Office of Innovation and Performance
City of Boise, Idaho

By applying program level data to COOP planning, PBB communities can:

  • Quickly identify all programs through program inventory

  • Identify essential vs. non-essential programs

  • Understand costs (and potential costs savings) of performing (or not performing) individual programs

  • Assess exactly which employees support essential vs. non-essential programs  (and if an employee gets sick, understand which programs need back-up support)

  • Determine mandate, reliance and partnership opportunities for each program

  • Identify fees that may be associated with essential programs (to evaluate the possibility of waiving that fee)

  • Clearly articulate COOP plan to staff, residents and community by communicating through program language vs. line items

*NOTE* - This webinar was held on March 19th. Access the recording below along with the following supporting documents.

PBB Essential Services

City Response Guidelines