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Strategies for Effective Disaster Financing

Hurricanes, floods, wildfires, mass-casualty shootings — emergency management officials across the country have had to overcome an onslaught of disasters in recent months. As large-scale emergencies unfold, their top priority is public safety, but once flood waters recede and fires subside, new challenges arise that hinder communities from recovering economically. This paper examines why preparations that don’t fully address financial considerations lead to long-term vulnerabilities that can extend the aftermath of a natural disaster or emergency. It also details best practices to achieve financial preparedness and looks at how to choose and capitalize on outside experts when developing reliable financial strategies.