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Thursday
Jul162009

Better Budgeting

When money is tight, should we cut revenue-generating positions like parking control officers?  Defer building improvements that save money?  Delay hiring a CFO to increase investment returns?  Probably not.  Yet Newton's current budget process is blind to the true cost of providing a service, to the long-term consequences of budgetary decisions, or to correlations between expenses and related revenue-generation and cost-savings.  There's a great deal we can do to improve the process,and as a result improve Newton's fiscal health.  To learn more about Ken's plan for budgeting, please click here.

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