10 Budgeting Tips for Long-Term Government Financial Planning

A new report lays out several fiscal planning tools that can help officials see what’s sustainable.

"The spending, tax, and other policy decisions that comprise the budget have consequences for a state’s fiscal and economic security that last long beyond the budget year. Often, however, policymakers focus on the immediate effects of policy decisions and fail to account for their longer-term consequences."

by Penelope Lemov

Full Story: http://www.governing.com/topics/finance/gov-ten-budgeting-tips-long-term-financial-planning.html