Budgeting Basics FGFOA Budget Workshop. December 19, 2013. Todd Bond, Budget Officer Polk County Board of County Commissioners. Course Outline. Budget background What is a budget ? What Guides the Budget? Budget Process and Policy Funds and Balancing
December 19, 2013
Todd Bond, Budget Officer
Polk County Board of County Commissioners
How much are citizens willing to pay?
What level of service do citizens want?
Putting the budget ahead of the policy is the wrong way to do it. It's too often the way it's done in Washington.
GFOA has established a collection of practices that identify enhanced techniques and effective strategies for state and local government practitioners
Enables strategic and tactical thinking
Demonstrates the need for reserves
Early problem identification
Viewed favorably by bond rating agencies