altus alliance 2016 - performance-based budgeting with questica
TRANSCRIPT
ALTUS ALLIANCE 2016Revolutionizing Accountability: 3 Tips to Make Performance Based Budgeting a Reality
Today’s Speaker
Gerry McDonald Questica
Agenda• Performance Based Budgeting – what it is?• What it looks like• 3 Tips to make it a reality
Questica inc.• Over 15 years in business • 175+ Customers, 1 Focus• Customer’s budgets range from $20M into the Billions• The Public Sector turns to Questica when their budgeting &
Performance needs outgrow their existing systems
Performance Based Budgeting – what it is?
Performance Based Budgeting is …• Based on the assumption that performance information
alongside budgets will improve budget decision-making• Intended to be a management tool for program
improvement, not a “carrot and stick” • Both the Government Accounting Standards Board
(GASB) and the Government Finance Officers Association (GFOA) are promoting performance measurement indicating it may soon become a requirement
Related topics
PerformanceBased
Budgeting
Performance Management
PerformanceMeasures
Performance Based Budgeting• Performance based budgeting cannot begin until a
system of performance measurement has been instituted
Performance Measurement is …• The regular systematic collection, analysis, and
reporting of data that tracks resources used, work produced, and whether specific outcomes were achieved by an organization
• But, be careful … • Only meaningful to the degree that they are the basis
for good decision making
Performance Measurement should:• Based on objectives that tie to a statement of program
mission or purpose• Measure program outcomes• Provide for resource allocation comparisons over time• Measure efficiency and effectiveness for continuous
improvement• Be verifiable, understandable, and timely• Motivate staff
What it looks like
ALTUS ALLIANCE 2016
Demo
Tips• Just do it – start, do something • Law of unintended consequences
• Barbra Streisand• The British government and cobra snakes in Delhi
• It’s going to take time• Years
Interim Solution • Departments heads provide a bullet narrative with annual
budget requests including:• what department accomplished last year?• what is different in this year’s budget request?• what goals has the department set for the coming year?
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