skip navigation

MRSC Insight Blog


Posts for Fund Balance and Reserves

MRSC Expands its Financial Policy Guidance

MRSC Expands its Financial Policy Guidance

April 27, 2017 by Toni Nelson
Category: Debt , Investments , Asset Management , Financial Management , Fund Balance and Reserves

MRSC and the State Auditor’s Office Local Government Performance Center have launched a series of online resources to help Washington State local governments develop and adopt effective financial policies and procedures, while complying with SAO’s policy requirements.

Read more


Which Financial Policies Work Best?

Which Financial Policies Work Best? 'It Depends.'

April 26, 2017 by Mike Bailey
Category: Financial Management , Fund Balance and Reserves

What is the right level of fund balance for local government? For many reasons, "It depends" is the best place to start when answering that question. 

Read more


Does Your City have Too Many Funds?

Does Your City have Too Many Funds?

April 14, 2016 by Randy Hinchliffe
Category: Budgets and Budgeting , Finance Advisor , Financial Management , Fund Balance and Reserves

Not too long ago, I read a short tidbit in one of the local newspapers about the adoption of a nearby city’s budget. I was struck by the fact that the city had 28 different funds in its budget. With so many funds to account for, it got me thinking about the criteria for establishing funds and when a city might have too many funds.

Read more


Reprioritizing in the Rebound

September 1, 2013 by Tracey Dunlap
Category: Finance Advisor , Financial Management , Fund Balance and Reserves

At a recent retreat, the Kirkland City Council discussed how to proactively plan what to do with increased revenues as the economy recovers; in other words, reprioritizing in the rebound. Some of the key points from that discussion are provided below and might be of use in putting recent positive economic news into context. I began the discussion of the topic with the following quote:

Read more


 more

Blog Archives

GO

Follow Our Blog