GFOA's Rethinking Budgeting Initiative
GFOA's Rethinking Budgeting Initiative
Explore core principles and in-depth research below.
- Explore Principles
Rethinking Budgeting Core Principles
Rethinking Budgeting core principles help local governments create a balanced budget that aligns revenues with expenses, advances strategic goals, meets community needs, adapts to change, and avoids passing costs to future generations.
- Explore Research
Rethinking Budgeting Reports
GFOA engaged 30 members to shape Rethinking Budgeting, focusing on adaptable principles, root causes, interdisciplinary insights, and efficient value delivery.
Rethinking Budgeting in Action
Spotlight on Program Budgeting in Orange County, Virginia
When Orange County, Virginia, began moving away from line-item budgeting, the change wasn’t just about modernizing financial processes. It was about rethinking budgeting itself, to tell a clearer story about what local government does and how it serves residents.
