Oakland County pushes the envelope with triennial budget

Once palabras non gratta, the phrase “budget deficit” seems to have become expected an expected financial process in Michigan this decade.

It’s
a phenomena that has produced painful budget cut after budget cut and
tax increases no one can say anything nice about. Oakland County is
making a change in the way it does business to help stop this.

Oakland
County Executive L. Brooks Patterson announced that the county will be
switching from a biennial to a triennial budget this year. That means
the county will begin budgeting three years ahead instead of two.

The
idea is to allow county officials to make more long-term plans, giving
them more time and opportunities to avert or tamp down financial crisis
before it hits.

Patterson says Oakland County will become the first county in Michigan and possibly the U.S. to make such a move.

Source: Oakland County
Writer: Jon Zemke