Budgeting for sustainability: a Florida perspective.

Government Finance ReviewVol. 26 Nbr. 2, April 2010

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BEST PRACTICES

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Budgeting for sustainability: a Florida perspective.

Local governments need to react in the short term by providing current budget solutions, but also by developing the ability to plan effectively and efficiently, forecasting budgetary requirements based on current economic conditions.

Developing and adopting budgets that support strategic goals without exceeding available resources is a challenge at all times, but particularly when the economy is unstable. Elected officials are reluctant to raise taxes or adopt new fees, so government finance officers are faced with some tough choices. Jurisdictions can cut services, reduce costs, or explore and implement resilient alternatives--a combination of strategies to provide resources that...

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