Balancing budgets challenging
For all county units of government, as well as municipalities, the most important end-of-year activity is finalizing a budget for the coming 12 months. The budgeting process analyzes and allocates anticipated incoming revenue, outgoing financial obligations and debt service requirements, plus decides how remaining funds can be put to the best use, including possibly saving some money for a major project planned for the future. Knowledgeable leaders are cognizant of their important role on all of those fronts. In fact, knowledgeable leaders keep those categories of responsibility in ...