Over the past years, various approaches to the incremental budget methodology have emerged, including a zero-based aspect, outcome or performance orientation, and priorities-based budgeting. GFOA has recognized some of these as best practices. One of these best practices for budget development provides a comprehensive framework, or approach, to developing your financial plan. This article will explore the National Advisory Council for State and Local Budgeting (NACSLB) as such a framework.
- Publication date: June 2021
- Author: Mike Bailey