Many local governments are facing large revenue shortfalls and need to find ways to cut spending. In this session, you will learn about the “Fiscal First Aid” approach from GFOA. This was created back in 2008 to help local governments deal with the Great Recession and has been completely revised and updated for 2020. We’ll show you how to make good decisions under financial stress and you’ll see the best (and worst) budgeting cutting strategies. We’ll also discuss how to approach cutbacks in a way that is mindful of the impacts of those cuts on disadvantaged portions of the community.