The City of Boulder continues it's ideal application of Priority Based Budgeting, evolving the process into their third year.
What Boulder has done is remarkable in many way, but we wanted to highlight two significant outcomes:
1.) Applying PBB to "new programs" - Boulder was the first to apply PBB to the consideration of programs that didn't exist before; running them through the PBB model to see what Quartile they might be in, if they were initiated. It's a tremendous application. And as demonstrated in this year's budget, new investment, new resources are allocated to high priority programs planning the City's "energy future." Where did they get the money to start these new programs - "nearly 10% reductions were applied to low-quartile, low-relevance investment areas. "http://extras.mnginteractive.com/live/media/site21/2012/0830/20120830_041603_boulderbudget2013.pdf
2.) The long-term view of PBB - Boulder has also compiled a multi-year perspective on their application of PBB, to demonstrate how they've reduced and divested themselves of lower priority programs over the years, and reinvested in new or expanded higher priority programs - it's outstanding!
Thursday, September 13, 2012
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