Agencies facing challenging financial times need to know the options available to them, and there are options. With an understanding of restructuring debt, negotiating changes in employee compensation layoffs and contracting out options, and what it really means to declare a fiscal emergency or contemplate bankruptcy, agency management can more effectively address spiraling costs and set themselves on a path to fiscal sustainability. Using case examples of Meyers Nave clients, including Los Angeles, Stockton and San Jose, this cutting edge presentation will equip attendees with the information and perspective needed to tackle the economic challenges ahead and maintain essential services.