Priority Based Budgeting
Apply your Program Based Business Intelligence (PBBi) to inform the budget process.
PRIORITY BASED BUDGETING (PBB)
Priority Based Budgeting is a specific application of your PBBi data that drives the budget process. The additional scoring layer, Scoring Against Results, aligns programs with the priorities of your organization and community.
Priority-based budgeting is a common sense, data-driven, strategic alternative to incremental budgeting. The philosophy of priority-driven budgeting is that resources should be allocated according to how effectively a program or service achieves the goals and objectives that are of most significant value to the community. Priority-based budgeting is a best practice in municipal finance.
Create new Data to unlock new Insights
THE DATA LAYERS OF PBB
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Programs tell your story.
Cost Allocations shape your story.
Attributes & Results qualify your story.
Insights tell the story about your future.