Bank on a Bad Economy

Markley, Rick
August 2008
Fire Chief;Aug2008, Vol. 52 Issue 8, p132
Trade Publication
An interview with John Hill of Envizion Financial is presented. When asked how should fire departments change their approach to finance, he states that they need to be more cautious. He adds that departments need to do some real testing on their budgets to understand what may happen if their revenues go down 10% or 15%. He says that they need to review their entire fleet and determine what they need to replace and which trucks are going to last long.


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