Budgetary Forecasting in Local Government: New Tools and Techniques

Local governments are facing increasingly difficult fiscal constraints in the 1990s. Facing these constraints with enhanced forecasting capacity will be an absolute necessity. In a lucid style, Frank discusses how forecasting methods that have been successfully used in business and the military can be transplanted into the local government setting.

The book's treatment of simple and complex forecasting approaches is non-mathematical and is written for those without extensive statistical or forecasting background. Frank introduces a theoretical framework for forecast adoption that shatters many misconceptions that currently retard advancement of local government forecasting and shows how local budgeters can provide incentives in the budgetary process to improve forecasting efforts throughout their cities.