Overview
As we plan for 2025, most local governments are facing the harsh reality of a fiscal cliff caused by a perfect storm of winnowing federal grant funds, shrinking tax bases, and inflation. So, it’s essential to align increasingly scarce resources against key priorities.
Strategic planning is essential to local government budgeting, as it ensures alignment between financial resources and community priorities. By forecasting needs, identifying risks, and prioritizing investments, strategic planning optimizes resource allocation, promotes financial accountability, and enhances transparency in budget decision-making. Furthermore, strategic planning allows local governments to proactively address challenges, capitalize on opportunities, and deliver impactful results for the public.
So, how can your agency enhance its ability to manage change in the face of increased complexity within the public sector?
Check out our on-demand webinar, in partnership with ICMA as Abhi Nemani, Senior Vice President of Product Strategy, Euna Solutions and Mark Funkhouser, President, Funkhouser & Associates outline strategic areas of focus for local governments, combined with steps for tactical implementation, and technical advice that will help your agency strategically plan for the road ahead.
In this session, you’ll learn:
- How to connect the budget to the strategic plan
- How to clearly define your agency’s strategic priorities and establish measurable objectives and initiatives
- Best practices for gathering insights from the community to ensure the budget reflects collective priorities
- How to adopt a dynamic approach that allows for adjustments based on feedback and shifts in strategic priorities or financial capacity