Benchmarking Tools For Municipal Officials – Budget Season Edition
Understanding how your community performs relative to its peers is critical in effectively scrutinizing municipal budgets. Pioneer Institute has developed a free online tool, MassAnalysis, with the most up-to-date information available from the Department of Revenue and FBI to help you do just that. With a couple of clicks, you can develop a dashboard for your community based on its revenues, expenditures, demographics, employment, crime, debt, education, financial strength, taxes and transportation. For example, this is a graph of the City of Worcester’s revenue: On MassAnalysis, you can also generate a peer group using our peer finder, which considers up to ten measures in order to benchmark performance on revenues, expenditures, employment, demographics, crime, debt, education and taxes. In […]