Winter 2016-17, Vol. 21, No. 1

Financial Resilience: What it Means to the Local Government Manager

by Joseph P. Casey, Chesterfield County, Virginia

A Virginia County Administrator brings the financial resilience concept to ground level for the local government manager, emphasizing four key components: engaging stakeholders, earning trust, countering emotional decision-making, and deploying economic development incentives.

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America’s Progress Hinges on Resilient Public Universities

by Mary Sue Coleman, Association of American Universities

The President of the Association of American Universities argues that aggressive action is needed by many sectors of society—state and federal governments, the private sector, and universities themselves—to ensure the long-term financial resilience of our public institutions of higher learning.

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Enterprise Risk Management: A Key to Organizational Resilience and Self-Defense

by Thomas H. Stanton, Johns Hopkins University

Enterprise Risk Management (ERM) frees up the flow of information within an organization to help leaders anticipate and prepare for strategic, “big picture” risks. The author discusses the strengths of ERM compared with other forms of risk management, the types of organizations that ERM can (and cannot) benefit, and the basic steps for implementing ERM.

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Making Capital Funding Reasonable, Stable, and Sustainable in Orange County, Virginia

by Glenda E. Bradley, Orange County, Virginia

Capital Improvement Planning helps a Virginia county government plan for upcoming capital expenditures over time, firewalling the operating budget from the capital fund and avoiding ad-hoc emergency procurements to replace deteriorating equipment.

Director’s Experience Building Resiliency in Local Government Informs Graduate Certificate Programs at SPIA

by Stephanie Davis, Virginia Tech School of Public and International Affairs

The Director of SPIA’s Graduate Certificate in Public and Non-Profit Financial Management discusses how she implemented financial resilience principles as a county Finance Director, and how SPIA’s certificate program teaches these concepts to students.

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Virginia Issues & Answers Cover - Vol. 21, No. 1, Winter 2016-17

Virginia Issues & Answers (VIA) is a public policy magazine published by the School of Public and International Affairs, Virginia Polytechnic Institute and State University, as an outreach service of the university.
Publisher: Anne M. Khademian
Editor: Alexia Smokler
Managing Editor: Jaimy Alex
Web Design and Administration: Matthew Jezierski
Graphic Design: Mary Price
Copy Editor: Richard Lovegrove
Contributing Writers: Ken Baker, Glenda E. Bradley, Joseph P. Casey, Mary Sue Coleman, Stephanie Davis, Kristina L. Narvaez, and Thomas H. Stanton
Advisory Board
  • Jim Bohland, Professor Emeritus, School Of Public and International Affairs, and Co-Director of the Global Forum on Urban and Regional Resilience, Virginia Tech
  • Ralph Byers, Advisor to Government Relations, Virginia Tech
  • Guru Ghosh, Vice President for Outreach and International Affairs, Virginia Tech
  • Elizabeth Hooper, Director, State Government Relations, Virginia Tech
  • Karen Hult, Professor and Chair, Center for Public Administration and Policy, Virginia Tech
  • Steven Janosik, Associate Professor and Chair, Department of Educational Leadership and Policy Studies, Virginia Tech
  • Melissa Lubin, Director of the Virginia Tech Reichmond and Hampton Roads Centers
  • Tim Luke, University Distinguished Professor, Chair, Government and International Affairs, and Chair, Department of Political Science, Virginia Tech
  • John Randolph, Professor Emeritus, Urban Affairs and Planning, Virginia Tech
  • Minnis Ridenour, Senior Fellow for Resource Development, Virginia Tech
  • Ken Smith, Vice Provost for Resource Management and Institutional Effectiveness, Virginia Tech
  • Max Stephenson Jr., Professor Urban Affairs and Planning and Director, Institute for Policy and Governance, Virginia Tech
  • Susan Sterett, Director, Metropolitan Institute, Virginia Tech
  • Bob Stripling, Professor of Practice, Center for Public Administration and Policy, Virginia Tech
  • Wayne Turnage, Director, District of Columbia Department of Health Care Finance
  • Chris Yianilos, Executive Director, Government Relations and Faculty, Hokies on the Hill, Virginia Tech
  • Diane Zahm, Associate Professor, Program Co-Chair and Undergraduate Program Coordinator, Urban Affairs and Planning, Virginia Tech