Posts Tagged ‘strategy’

Ask any businessman and they will tell you that budgeting is one of the hardest parts of running a company. Budgets force the organization to choose between activities that increase revenue, make customers happy and reduce costs. Spend too much money reducing costs and your revenue could dry up. Spend too much chasing new revenue and existing customers get fed up and leave.

There’s no reason to think cities should work much differently. The biggest difference is the customers (citizens) are a good bit more vested because their largest investment is their home.

The budget is the city’s main policy document

Read the rest of this entry »