Demographics, Environment, Technology All Pose Public Budgeting Challenges
Public budgeting - broadly speaking, providing services based on revenues attached to economic activity - is likely to face challenges from several emerging trends. An analysis looking at "state budgets" likely had comparable considerations for county fiscal leaders, too. The Pew Trusts, through its project on "Managing Fiscal Risks" lays out a series of ways that state budgets, and likely all public spending plans, will face new challenges in the years ahead. From an article…