
Gain insight through research from the Government Finance Officers Association.
| Publishes | Twice monthly | Episodes | 110 | Founded | 6 years ago |
|---|---|---|---|---|---|
| Category | Government | ||||

First principles are the basis for any field, including public finance. They express a fundamental truth about public finance. They remain consistent despite technology and organizational characteristics of public finance that change over time. Under... more
Life needs rhythm. The human body has a heart rhythm, circadian sleep-wake rhythm, breathing rhythm, and more. Being in rhythm is key to a long and healthy life. Local government budget offices also need to establish a rhythm for the internal budget ... more
Our new research delves into the tactics or “games" used by participants in the budget process to secure more resources. The most common such game is "The Padding Play", where budget requestors inflate their needs. Listen to learn more on how to cont... more
Organizations benefit from decision architecture. Budget officers can be the decision architects of local governments by building on four job responsibilities that allow them to reduce the impact of well-known problems of bias and noise in human deci... more
“Power politics” is the use of power for selfish gain at the expense of broader community. This is incompatible with the purpose of local government budgeting. However, the finance officer can “change the game” and redirect the energy of power politi... more
Reality is complex; mental models simplify it. A mental model is a tool that helps us make sense of the world and manage complexity and large amounts of information. For example, in public finance, thinking of reserves or rainy-day funds as a governm... more
The City of Arlington, Texas, created videos to make public finance easy to understand. They used themes like “Build, Unite, Create,” comparing budgeting to a Lego set, and “Budget Bites,” which was styled like a cooking show. Arlington’s approach se... more
Many budget officers have had an experience like the following during budget deliberations with the governing board: The governing board spends what seems like (or may be) hours discussing the line item for office supplies (“Can we reduce it by sendi... more
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