Skip to main content

Keep This Is In Mind For Economic Development Budget Planning

Perhaps the most important kind of planning any economic developer could undertake in a given year is not land use planning, not long-range planning, not master planning, but BUDGET planning.

No budget, no project. Budgets- the allotted funds set aside for given activities- are the financial foundation of most economic development projects. In fact, any type of land disturbance, consultant work, or infrastructure-related projects all require money. Budgeted money.

Budgets are a direct reflection of the fiscal year's priorities.

Having just finished up planning my department's FY15 Projected Budget, I can testify that preparing the budget is no easy task. It requires a focus into the short-term and long-term needs of the community coupled with good timing.

If you are preparing a budget for your economic development organization, keep these three matters in mind:

  1. Put the community's needs above your organization's goals. After all, we are here to serve our communities. Their needs are our priorities.
  2. Keep an eye on how you spent last year. This, at least, gives you an idea of where you spent your money and, therefore, determines where you may need to increase or decrease funding in the next fiscal year.
  3. Don't reinvent the wheel. If you need to hire consultant services or are undertaking an infrastructure-related project, look at the RFP's and RFQ'S of similar projects in other communities. A ballpark range is better than an aimless, non-informed figure.


Popular posts from this blog

The Synth Sounds

I am excited to share that my first jazz project is nearing completion. (Also why this is my first post this month).

Other than piano, you can definitely expect to hear sounds of 1980's and 1990's-era synthesizers filtered throughout the upcoming album.

I admire the newer sounds we have today, but none of them quite replicate the original, synth-led sounds of 80's and 90's music.

In my opinion, 80's and 90's sounds present the perfect crossover of analog and digital mixes that were limitless in use and expression.

It is no wonder that modern synthesizers today still draw inspiration from 80's and 90's technology. It was simply some of the most innovative audio machinery ever created.

No shame here. Expect 80's and 90's vibes to come your way in my upcoming project.

Stay Tuned!!!

A pile of my module racks from the 80's and 90's used and simulated on my upcoming jazz album.

CFC Youth Day

CFC Youth Day was nothing short of remarkable.

Children, teenagers, young adults (my generation) sang, danced, praised, and worshiped God with passion, love, joy, energy, and sincerity.

We led, both, the 8:00 AM and 10:00 AM services and the LORD ministered through us in His own powerful way.

I am very grateful to have preached at the 10:00 AM service. (Came from 2 Timothy 1:7).

Something amazing happens when we move ourselves out of the way and allow the LORD to communicate His Word through us. He does for us what we cannot do for ourselves. And when you summarize the meaning He brings to life, you realize that all the of the glory belongs to Him.

The reality of God's presence gives life, and everything we involve ourselves in, brand new meaning.

God's awesomeness was displayed in a monumental way today. A flame was kindled in our youth and the church as a whole.

Today was special.

Big thanks to everyone who helped make today such a great success, you know who you are!


The Audacity of Hope

Last week I completed The Audacity of Hope by President Barack Obama in 2006.

In The Audacity of Hope, Mr. Obama shares some of his experiences as a citizen and politician while also laying out policy-driven solutions to improve the lives of Americans.

Granted The Audacity of Hope was written before Mr. Obama's first presidential election in 2008, his thorough understanding of the Nation's issues are impressive and difficult to overlook.

Mr. Obama, in an academic prose, but down-to-earth tonality, hits on national issues relative to our political system, constitutional interpretation, economics, military policy, education, and community development.

I found The Audacity of Hope to be one of the better books I have ever read on American politics and public affairs. Regardless of your politics, this is a good read with the capabilities to expand anyone's understanding of politics and government.

In fact, much of the information contained in The Audacity of Hope is still rele…