Recent court cases have created both the responsibility and an opportunity for municipal officials to consider the ‘solvency’ of their entity. Understanding solvency and supporting the ability to present those facts can positively support negotiations various stakeholders including collective bargaining organizations.
XRoads Solutions Group is prepared to help municipal officials and representatives of employee organizations with these analyses and ongoing negotiations to ensure municipal budgets are balanced, public entities are solvent and public officials have met their fiduciary obligations. Please use the link below to view a recently published article co-authored by Bob Tormey, a XRoads principal, describing the present state of play in municipal Solvency.
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