Another tool in the financial tool box, is a good thing for governments; so to speak.
Center for Priority Based Budgeting (CPBB) owner Chris Fabian and Strathcona County director of corporate planning, Kelly Rudyk presented Priority Based Budgeting at Tuesday night’s council meeting.
Priority Based Budgeting (PBB) helps governments and other agencies achieve fiscal health and wellness.
“Council has identified PBB as a potential next step or an additional tool for the tool box for finance,” said Fort Saskatchewan mayor Gale Katchur. “When I listened to the Priority Based Budgeting presentation it sounded very similar to the performance management budgeting we’ve done in the past.”
Katchur noted the city is not too far off when it comes to their budgeting.
Strathcona County has used PBB since 2015 and are seeing a tax decrease without a loss to service levels or infrastructure maintenance, as indicated in the report.
“They have a local example that’s right next door, so this will probably lead to more conversations between administrations and possibly councils to just see our experiences and leverage it and see what they can do with it on their own,” said Rudyk.
Katchur felt switching to PBB would not change much.
“I think the only thing it would really change, is it would probably provide additional methodology as far as making administration question themselves more as to why something is being done and even for council when something is being passed, really asking tougher questions,” she said.
Fabian thinks it’s great food for thought for Fort Saskatchewan.
“I feel like any local government entity serving the public can do nothing but get better, the clearer they are about where their resources are going towards, every program that’s provided and how those programs influence what this community cares about,” said Fabian.
No motion was made at council, the presentation was purely for information.
Center for Priority Based Budgeting (CPBB) was founded in 2010 and is based out of Denver, Colorado.