Implementing a Risk-Based Reserve Strategy in Colorado Springs.

The article offers information on the Colorado Springs, Colorado, and its approach to analyzing reserves based on risk factors. It mentions that the framework for Government Finance Officers Association's (GFOA's) analysis focused on using reserves to manage risk, it also encouraged the city to think about other risk-management methods. It also mentions that maintaining ample reserves will help make sure government can focus on coping with the crisis, rather than scrambling to find funds.