Financial Foundations Framework

How Will Rethinking Revenue Approach This Challenge?

We will approach it the same way one would any long journey: one step at a time.

Step 1

Define the Problem. It has been said that a problem well stated is a problem half solved. You can read more about how we’ve defined the problem in this report.

Step 2

Define Criteria for Evaluating Options. There are potentially many options for local government revenues. To help guide us towards the best options we will develop a set of criteria for evaluating options. Keep watch in GFOA's Test Kitchen Community to be notified when the criteria are available.

Step 3

Recruit Additional Help. Achieving the change we are interested in will require support from many places. If you are interested in being a part of this initiative, please let us know by completing the form below.

Step 4

Develop Options. Using the information gathered in the first three phases, we will develop options for how local revenue systems might change. Some options are complex and will take time to develop. However, we have also started to identify ideas that local governments can start to enact right now.

Step 5

Publicize. The goal of this project is to make an impact. Though this is the fifth step that does not necessarily mean we need wait. If you find this initiative interesting, consider volunteering to get involved by filling out the form below or share this site with colleagues.