All Roads Lead to Rome: Choosing the Best Method for Preparing Your Budget

CPE Credits: 
2
Session Time: 
Wednesday, May 22, 2019 - 8:30am to 10:10am
Room: 
PeTree C
Field of Study: 
Finance
Level: 
Intermediate
Prerequisite: 
Experience with different types of budgeting
Description: 

While every state and local government will eventually develop and adopt a budget, the process to arrive at that final plan can differ substantially. Over time, several common approaches to budgeting have emerged. This session will explain the difference between common approaches including incremental budgeting, zero-base budgeting, target-base budgeting, performance-base budgeting, priority-base budgeting, budgeting for outcomes, and more. Practitioners with experience using each method will discuss advantages, disadvantages, cautionary tales, and overall preferences.

Speakers: 
Speaker
Chief Administrative Officer
Montgomery County
Speaker
Director, Office of the Budget
Regional Municipality of York
Speaker
Co-Founder
ResourceX
Speaker
Finance/Accounting Consultant
University of Tennessee Municipal Technical Advisory Service
Moderator
Senior Program Manager
GFOA
Agenda: 
Slides: