Financing the Future: Long-Term Financial Planning for Local Governments

By Shayne C. Kavanagh
256 pages; 34 illustrations
GFOA members $40 / nonmembers $60

With an introduction by Irene S. Rubin, author of The Politics of Public Budgeting

Readers of Financing the Future will discover:
  • Key features of a successful long-term financial plan
  • Phases pivotal to plan implementation
  • How to involve elected officials, staff, and citizens to create a plan that gets results that are valuable to their community.

This book will help you transform your approach to financial management:
  • Faced with downward pressures on tax revenues, increasing expenditures, shifting demographics, as well as a host of other complex challenges, local governments need a new approach to planning.
  • Long-term financial planning provides a continuing and comprehensive financial perspective that is not available through other planning processes, making it a powerful complement to a government's annual budget (the traditional centerpiece of governmental planning).

Financial planning interacts with other traditional components of a government's planning framework to form a complete system.