Budgeting & Financial Planning
Beginning with our work on Philadelphia’s successful turnaround plan in 1992 and continuing today, PFM Strategic Consulting has helped to set the standard for public sector multi-year financial planning toward structural budget health.
Our work has even been recognized by Fitch Ratings. The Wall Street ratings agency wrote on the Impact of Management Practices on Municipal Credit, “[t]he multiyear plans for New York and Philadelphia serve as good models that can be emulated by local governments, large and small.”
The communities with which we have worked on budgeting issues feature a diverse range of economic bases, population sizes and governance constraints. What all had in common when hiring PFM was the desire to achieve sustainable, structural balance by adopting a multi-year perspective.
Services and selected case studies include: