Four Ways the Pandemic Has Forced Governments to Rethink Budgeting

The urgency of the pandemic has forced state and local governments to react when it comes to budgeting– making short-term reporting on an annual basis the focus rather than proactively assembling long-term strategic budget plans. This reactive approach creates redundancies, cost inefficiencies, and fails to set governments up for any potential future crises; and is especially detrimental when budget transparency and community impact are more important than ever.

That is why adopting a continuous approach to financial management is vital to short-term and long-term fiscal recovery. Join our webinar to learn about the four ways the pandemic has changed how governments approach budgeting, as well as best practices informed by public-sector experts to implement continuous budgeting.

Specifically, attendees will learn:

• The ins and outs of continuous budgeting
• Four best practices outlined in Government Finance Officers Association (GFOA) Budget Award criteria
• How to align with best practices through cloud-based budgeting software

Save your seat to learn best practices for managing and implementing continuous budgeting!