"Understanding resident priorities for budgeting does not need to be difficult, overly expensive, or hard to administer. ResourceX and NRC / Polco tools together can help you correctly define community values and effectively inform your next municipal budget."
"Aligning resources through Priority Based Budgeting with community values maximizes opportunities for strategic success and financial stability."
Guest article written by Matt Fulton, Polco/NRC VP of National Engagement
For this very important reason, the Polco / National Research Center, Inc. (NRC) team sees much value in participating with ResourceX Priority Based Budgeting (PBB) trainings and events, like the recent PBB Summit in Denver.
You gain a much better appreciation for this smart budgeting approach when you are able to listen and interact with practitioners and leaders who are committed to moving their communities forward.
PBB is especially important given the demographic, social, and economic changes experienced in communities today. Better budgets reflect the current values and needs of the community at large. That means civic engagement and priority based budgeting fuel, support, and complement each other at every stage.
But maintaining a solid understanding of community values and expectations is a huge challenge. It is an especially difficult task getting busy residents to engage in helping identify budgeting priorities that build toward a higher quality of life at the neighborhood or city level.