Governor Mary Fallin signed a bill that requires state agencies to use performance-informed budgeting techniques. The legislation was one of her key legislative priorities. Senate Bill 189 changes the ...

One of the most significant responsibilities of local government is developing and adopting a fiscally responsible annual municipal budget. Residents often ask: How is the budget created, and how can ...

Capital budgeting encompasses the methods and techniques used by firms to evaluate long‐term investment projects and allocate resources effectively. Traditionally, discounted cash flow (DCF) ...

Achieving financial freedom is a goal shared by many, yet the path to reaching it can often seem complex and daunting. At the heart of this journey is the concept of budgeting—a simple, yet powerful ...

Zero-based budgeting allocates each dollar toward a specified expense in your budget. This budget mindset can encourage cutting unnecessary spending from your budget. The technique can also create a ...

Phoenix residents can help decide how the city spends millions of dollars each year by participating in the budget process. Local communities can voice their priorities and let city leaders know how ...

Creating a budget is one of best tools to manage your money wisely and boost your savings. It is, therefore, a shame that many people still avoid creating a budget. This could be partly blamed on the ...

The Los Angeles County Board of Supervisors approved sweeping reforms this month aimed at making the county's budget process more transparent and accessible to residents. The changes, recommended by ...

"No plan survives first contact with the enemy," said Prussian military strategist Helmuth von Moltke. Likewise, when the annual budget process transitions to execution, it’s already out of date. The ...

Budgeting can be overwhelming, cumbersome and sometimes confusing. With the avalanche of tips and strategies online and on social media, it’s easy to get frustrated with methods that don’t really work ...