Priority Based Budgeting – Evidence Based Decision Making
Municipalities today are challenged like never before. Global economic issues, turbulent oil prices, environmental challenges, technology advancement, and of course the pandemic.
To overcome these and many other challenges, municipalities must carefully consider what is important to residents in terms of quality of life. Difficult decisions need to be made.
When looking at services we need to determine what priorities are:
- Essential
- Important
- Desired
- Value add
All categories of services enhance the quality of life of residents. However, in challenging financial times priorities must be set to allocate scarce financial resources. This exercise is going to require municipalities to take a comprehensive look at services, now and in the future, to ensure long-term financial sustainability.
Please Join us for our Priority Based Budgeting webinar next week and learn about how to take on priority related challenges in your municipality.
