What People Are Saying About Financing the Future “As a long-time observer of public budgeting, I have wondered what the next wave of reform would be, and how well it would address the problems that local budgeters actually face. Now I know. The answer is long-term financial planning.”
-- Irene S. Rubin, Professor Emerita in the Public Administration Program of Northern Illinois University, author of The Politics of Public Budgeting, and recipient of the Aaron Wildavsky Award for lifetime scholarly achievement in public budgeting
“Peter Drucker says that the best way to predict the future is to create it. Financing the Future provides a ready toolkit for those who want to build a more secure future for their local government and the citizens they serve.”
-- Peter Hutchinson, Co-author of The Price of Government and founder of The Public Strategies Group
“Financing the Future merits a dog-eared read by leaders and managers who understand that the vitality of our public enterprises very much depends upon assertive financial management fueled by long-term thinking and big picture orchestration.”
-- George Beard, Hatfield School of Government, Portland State University
"Over the past 25 years, I have read dozens of books on a variety of public financial management topics. Financing the Future is by far one of the best to be published in years."
-- Doug Ellsworth, Director of Finance, Village of Schaumburg, Illinois; past GFOA President; and current Vice President, Secretary, and Treasurer, Financial Accounting Foundation
"Beyond a "how-to" book or a best practices review, Financing the Future provides a broad context for the essential work of government finance in the new millennium - in making sustainable financial decisions."
-- Patrick P. Born, CFO, City of Minneapolis, Minnesota
"Finally....a model long-term financial plan! The City of San Clemente developed a long-term financial plan 15 years ago, and the process would have been much easier if this text had been available then.This is an excellent resource and highly recommended reading for all local and state governments."
-- Pall Gudgeirsson, Assistant City Manager and City Treasurer, City of San Clemente, California
“This highly practical book champions a strategic approach to enhancing the financial viability of local governments. With GFOA’s Financing the Future as the guide, long-term financial planning should be achievable by all organizations who are dedicated to sustainable success.”
-- Terry McCall, CFO, City of Gresham, Oregon, and 2006-2007 Vice-Chair, GFOA Committee on Governmental Budgeting and Fiscal Policy
“The GFOA’s new work makes a powerful case for long-term financial planning. All elected officials should strongly consider developing a long-term financial plan for their community in order to improve financial sustainability.”
-- Donald J. Borut, Executive Director, National League of Cities
"This book is required reading for all public officials who care about their community’s future."
-- Mary Bradley, Finance Director, City of Sunnyvale, California