Elected officials make important financial decisions for cities and counties, but many of these legislators may not know as much as they should about municipal finance. And who can blame them? There are few private-sector parallels.
This template guide, written by a former finance director, explains government financial management to candidates for office. Candidates who understand public sector finance are likely to make more informed promises and, if they’re elected, candidates can engage in more reasoned debates. Sharing this information with candidates also helps finance professionals build trust with elected bodies.