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

Session Time: 
Wednesday, May 22, 2019 - 8:30am to 10:10am
Field of Study: 
Finance
Level: 
Intermediate
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
Budget Director
City of Baltimore, MD
Speaker
Co-Founder
Center for Priority Based Budgeting
Speaker