The 21st Century Budget Process: Connecting Budgeting Requests to Community Goals
Recorded On: 12/07/2021
ResourceX asked local government leaders attending the 2021 ICMA Conference in Portland, OR, "How would you define a 21st Century Budget?" Some of their responses included: "Value-based process, Cross-organizational, Goal-aligned, Equity-focused, Collaborative, Prioritized, Inclusive, Program-based, and Outcome-driven." These responses validated the time and effort ResourceX has invested into converting line-item budgeting into program budgeting, thus achieving a 21st Century Budget. However, challenges such as financial systems, ERPs, and budgeting tools can make it difficult for organizations to stick to programs, leaving a gap between program data and budgeting platforms and making it hard for them to move towards program-based budgets. But now, a tool exists to bridge this gap and help local governments connect their budget processes with the results their communities seek to achieve.
In this webinar, you'll join ResourceX CEO Chris Fabian as he demonstrates their new tool, the OnlinePBB Budgeter, and discusses the benefits of a program-based budget request process while sharing stories from communities already leaping into 21st Century Budgeting. You will learn:
- How this tool facilitates departmental communication during the budget request process
- How data created during the Priority Based Budgeting implementation process is tied to each request, informing decision-makers of how each request impacts the priorities they set as elected officials in their communities
- How requests are loaded with line items impacted, the program's alignment to the organization's overall priorities, the reliance on the organization to provide the service, and much more
- How specific data can be layered on to determine impact of each program on community initiatives like equity, climate action, homelessness, etc.
This webinar is complimentary for ICMA members thanks to the sponsorship of an ICMA Strategic Partner who will have access to registration information.
Chris Fabian is Founder and CEO of both the Center for Priority Based Budgeting and Resource Exploration. Priority based budgeting (PBB) is a leading best practice in local government and a powerful lever for change. ResourceX provides the software solution and powerful analytic tools to implement a priority based budget using data and evidence to transparently and exponentially improve results for citizens and the community. He combined both companies in 2017 under ResourceX, with staff members in Colorado, North Carolina, Texas, New Mexico, Michigan and Ohio. PBB is now practiced and applied by over 200 organizations across North America.
Chris’s journey into the world of Government Finance began in 2003, when his very first company, the Local Government Solutions Group, was a partner to David Osborne’s “Public Strategies Group” – Osborne, if the name is familiar was co-author of “Reinventing Government” and “The Price of Government.” In partnership with Public Strategies, Chris worked with some of the country’s first pioneers in “Budgeting for Outcomes” – the process that first attempted to propose an alternative to traditional line-item budgeting approach, emphasizing the “Outcomes” that the public gets for its money.
From 2005-2008, Chris’s work centered on creating the Priority Based Budgeting process while a local government practitioner. “PBB” is currently recognized as a leading practice by the International City/County Management Association (ICMA), the Government Finance Officers Association (GFOA) as well as the Alliance for Innovation.