La Quinta, CA conducted nine months of analysis to create data-driven reserve policy recommendations
La Quinta, CA disaster preparedness risk management
Complete
The city of La Quinta invested nine months into studying its financial situation to create data-driven policy recommendations for its reserve levels. This process involved soliciting feedback from stakeholders, conducting a historical analysis of the city's current reserve amounts, and working with the city clerk's risk management office to determine the assets and insurance coverage needed to prepare for natural disasters.
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The city of La Quinta received a 2019 Award for Excellence in Government Finance from the Government Finance Officers Association.
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