How Parks & Recreation Agencies Can Budget Better with 3 Key Steps
Parks and Recreation departments need to have a long-term plan in place to invest in capital assets – whether rehabilitating existing or installing new assets. Capital recreation costs make up a large portion of a total annual budget. It is important to ensure you are able to pay for capital costs when you need to, often spreading the cost of major improvements over many years to avoid raising rates.
Traditionally a very manual process, the task of proposing your budget and effectively communicating the plan to your finance department leaders and constituents can drag on for months.
If you’re ready to budget better and take the headache out of capital budgeting, this eBook explores how you can improve your capital budgeting process in 3 easy steps: Collect, Create, and Communicate.
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