GFOA of the US & Canada

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

• 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.

• 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).