3rd Annual Better Budgeting - Budget Monitoring

Budget monitoring is crucial for stakeholders across an entire organization to be able to enforce accountability related to both spending and service objectives. GFOA's new best practice statement on budget monitoring recommends that all governments establish a formal set of processes for comparing budget to actual results to monitor performance. This session will explain how to implement a system of monitoring and how to organize necessary stakeholders in the process. Speakers will discuss essential components of effective budget monitoring and how to best involve budget staff, executives, department managers, program staff, and others in monitoring efforts. The session will also answer frequently asked questions related to common budget monitoring practices.
Live Streaming Event

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