How Governments should think about Revenue, Resilience post COVID Lockdowns

Just when you thought Priority Based Budgeting (PBB) couldn’t get any better, ResourceX is taking it to the next level with the release of the new OnlinePBB Budgeter. ResourceX is excited to introduce the world’s first program and priority-based budgeting platform.

ResourceX is your partner throughout your PBB journey. From creating a project charter establishing the purpose of your PBB project to the partnership with your Customer Success Trainer to ensure the successful implementation and realization of that charter to the application of best practices such as Insights and Budgeter, ResourceX is your support system.

Government revenues must adapt to meet the needs of Budgeting in the 21st Century...

GFOA, ICMA and NLC aren't limiting their Rethinking Budgeting initiative to the expense side of things. Their Rethinking Revenue contends that outdated systems are not aligned with modern economic realities. ResourceX is working with our PBB Communities to move beyond those systems and to advance local government thinking beyond the traditional approach to revenues.

Every week, Brad Steckart and I want to create something fun for our Priority Based Budgeting community. We will pull from interesting ResourceX announcements, product enhancements, current events and, of course, community and client stories.

I recently read a quote from Mike Mucha, Director of Research at GFOA, in the October issue of Governing where he stated, "The budget is, basically, the center of the government universe. It's where decisions about what's important get funded."

Methodology Matters

The American Rescue Plan Act (ARPA), signed into law on March 11, 2021, was created in response to the devastating impacts COVID-19 has had on communities nationwide. It infused state and local governments with more than $350 billion to support economies and communities struggling in the wake of the pandemic. This funding was designed with the specific purposes of supporting front-line workers, advancing public health initiatives, boosting relief to businesses and households, remedying systemic challenges to populations disproportionately affected by the pandemic, and investing in water, sewer, and broadband infrastructure.

Like many cities worldwide, the City of Pittsburgh has already begun to experience the effects of climate change with harsher winters, hotter summers, record-setting precipitation, leading to frequent and destructive landslides, and increased numbers of invasive species. At the local government level, resources and opportunities exist to prepare for the impacts of climate change, but they must be reviewed, prioritized, and put into action.

Every week, Brad Steckart and I want to create something fun for our Priority Based Budgeting community. We will pull from interesting ResourceX announcements, product enhancements, current events and, of course, community and client stories.

Fort Saskatchewan, Alberta, has been working with ResouceX since 2019. They utilize OnlinePBB for operating budgets and prioritize their Capital projects through the Priority Based Budgeting process. In the years since launching with ResourceX, they have demonstrated thought leadership, project ownership, and continuously push the program budgeting movement forward as leaders in the PBB community.

So, it came as no surprise that their 2022 Operating and Capital Budgets once again demonstrated a forward movement meriting recognition and celebration. But let's take a step back and think about why a movement forward in local government budgeting is so important.