Budgeting and Forecasting

Gray is OK: Building Trustworthy Relationships in Budgeting

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Image from GFR

GFOA’s Code of Ethics reminds us that the raison d’être of local public finance is to build trust in government. When local finance professionals do their jobs well, citizens have deeper faith that their government is looking out for their interests, treating them fairly, and improving their quality of life. That’s a clear and inspiring “big picture” goal.

What’s less clear, but perhaps even more important, is how local finance professionals earn the trust of the elected officials they serve—and how they can build and maintain that trust during one of the most challenging times of the year: the budget process.


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