Social and Behavioral Sciences Commons^™

How To Lose $5.2 Million In Your Operational Budget And Still Make It Balance, Tamara Alexander

Certified Public Manager® Applied Research

Some cities experience exponential growth. Some cities experience operating budget shortfalls. Significantly few cities experience both simultaneously and are still able to balance their budgets for the upcoming fiscal year. This is the predicament a small municipality found itself in as it was forced to face unimaginable challenges at the beginning of fiscal year 2022. The operational budget shortfall could happen to any municipality and may have even happened to yours.

This article will explore what happened, how it was discovered, what was done to balance the budget, and what measures were put in place to prevent this from happening …

Leadership Through Budgeting: Controlling Taxes And Increasing Services, Tony Sims

Certified Public Manager® Applied Research

Local budgets are the key responsibility of elected and appointed leaders, as are ultimate control over how tax dollars are allocated, and which services are provided to the citizens. Nowhere else is leadership more important than during budget preparation. However, local budgeting is typically more an annual event than an ongoing efficient and effective process. By implementing a budgeting process and preparing a budget in accordance with the criteria required by the Government Finance Officers Association’s (GFOA) Distinguished Budget Presentation Award Program and earning the award, local governments can create more efficient and effective operations, improve public trust, and have …