The $130 billion in federal aid to local governments for COVID relief is running out!
What is your city doing?
The $130 billion in federal aid to local governments for COVID relief is running out!
What is your city doing?
The $130 billion in federal aid to local governments for COVID relief is running out!
What is your city doing?
The $130 billion in federal aid to local governments for COVID relief is running out!
What is your city doing?
And why are those agencies that aren't going bankrupt stuck in financial chaos? It is easy to blame pensions, poor leadership, or a bad economy. But the causes go much deeper.
This book explores the root of the municipal financial crisis as the failure of municipal decisionmakers to identify what government is, what it should be doing, and what principles should guide its operations. The author offers a theory of government that answers these questions and draws a distinction between political and economic power. The distinction grounds the methods and standards required to guide political (as opposed to commercial) organizations, thereby making municipal financial stability and realistic budgeting possible. Drawing upon three decades of experience in municipal finance, this book outlines a new budgeting approach called Budgeting for Scope.
The author’s broad analysis and practical advice is a direct challenge to the current financial crisis, manifesting in the form of public infrastructure deterioration, local service degradation, the need for state and federal relief, serial tax increases, as well as the failed conventional solutions to municipal turmoil, such as better budgeting techniques, community outreach, and privatization.
Budgeting for Scope is not just a prescriptive list of municipal do’s and don’ts, but a principled, wholesale reclamation of the power and value of municipal government. The book offers a new, integrating framework for understanding and resolving our nation-wide municipal financial turmoil.
This book reestablishes and clarifies municipal budgeting in a manner that will be helpful to all: academics, practitioners, and local citizens whose lives and livelihoods depend on it.
I have consulted California municipal governments in the areas of finance and administration since 2011. Also during that time, I served municipalities in finance director roles. Prior, I spent two decades working directly for local government in senior management positions. My perspective on local government has been informed and influenced by my earlier career in small business consulting and banking and my interest in applied economics and philosophy. I hold a Bachelor of Science in Industrial Engineering and Operations Research from the University of California, Berkeley, and a Master of Business Administration in Finance from Golden Gate University, San Francisco.
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This book provides an inside account of the baffling world of municipal finance. Former city finance directors rarely write books–and when they do, the books are even more rarely of practical use to a general audience. It is increasingly difficult for residents and business owners–and even city officials–to assimilate the information they are given. This book provides urgently-needed clarification to what many observers and participants view as a hopeless situation for local government.
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