Presented by Center for Priority Based Budgeting
At the beginning of 2015, over 80 communities across North America have implemented Priority Based Budgeting (PBB), impacting over 11 million citizens across the US and Canada. Now in 2016, over 120 cities, counties, school districts and special districts will be practicing PBB, using the process and tools to reshape the way all of a community’s resources are leveraged to achieve results, and inviting citizens further into an authentic role of influence and participation.
At its core, Priority Based Budgeting is a process to ensure that your community is getting the best bang for the taxpayer dollar. The underlying philosophy of priority based budgeting is about how a government entity should invest resources to meet its stated objectives. It helps us to better articulate why the services we offer exist, what price we pay for them, and, consequently, what value they offer citizens.
The principles associated with this philosophy of priority based budgeting are:
- Prioritize Services. Priority based budgeting evaluates the relative importance of individual programs and services rather than entire departments. It is distinguished by prioritizing the services a government provides, one versus another.
- Do the Important Things Well. Cut Back on the Rest. Priority based budgeting identifies the services that offer the highest value and continues to provide funding for them, while reducing service levels, divesting, or potentially eliminating lower value services, in order to unearth, marshall and reallocate resources to services of the highest priority.
- Question Past Patterns of Spending. An incremental budget process doesn’t seriously question the spending decisions made in years past. Priority based budgeting puts all the money on the table to encourage more creative conversations about services.
- Spend within the Organization’s Means. Priority based budgeting starts with the revenue available to the government, rather than last year’s expenditures, as the basis for decision-making.
- Know the True Cost of Doing Business. Focusing on the full costs of programs ensures that funding decisions are based on the true cost of providing a service.
- Provide Transparency of Community Priorities. When budget decisions are based on a well-defined set of community priorities, the government’s aims are not left open to interpretation.
- Provide Transparency of Service Impact. In traditional budgets, it is often not entirely clear how funded services make a real difference in the lives of citizens. Under priority based budgeting, the focus is on the results the service produces for achieving community priorities.
- Demand Accountability for Results. Traditional budgets focus on accountability for staying within spending limits. Beyond this, priority based budgeting demands accountability for results that were the basis for a service’s budget allocation.
- February 25 - October 12, 2018
- 01:00 pm 02:00 pm
- Member Price:Not available
- Non-Member:Not available