Long-Term Financial Planning for Governments

Financial planning image

Just as each of us needs a budget and a financial plan, so do governmental entities. Unfortunately, sometimes this critical planning step is overlooked in the focus on annual budgets and day-to-day operation. Long-term financial planning is a step-by-step process to help government leaders (both elected and staff) look ahead, study the data, and make informed decisions about their strategy for moving the entity forward. Get a quick overview with this 2-minute explanation, then learn more by registering for our webinar at AGH University.

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If you would like to learn more about long-term financial planning, contact Benjamin Hart below.

Benjamin Hart

Vice President
Assurance Services

Ben Hart brings the dual insight of a governmental entity chief financial officer combined with the hands-on experience of governmental auditing for a public accounting firm. Following four years’ specialization in governmental auditing with a CPA firm, Ben was named the first chief financial officer of the newly joined Unified Government of Wyandotte County / Kansas City, Kansas. There, he directed the integration of two large, complex entities’ systems and personnel as well as selection and implementation of a new enterprise resource program.

In 2005, Ben’s responsibilities expanded to include human as well as financial resources when he became director of resource management for the City of Olathe, Kansas. Ben brings extensive expertise in governmental budgeting, performance management, financial and internal controls, debt and risk management, economic development and public sector leadership.

During his financial leadership with these sizable governmental entities, Ben’s Comprehensive Annual Financial Reports (CAFRs) consistently earned the Government Financial Officers Association (GFOA) Certificate for Excellence in Financial Reporting. He is a certified public accountant and an active member of the national GFOA, serving as a GFOA reviewer for the CAFR certificates. A past sub-chair of GFOA’s national committee on economic development, he is also a past president of the Kansas GFOA and a member of both Kansas and Missouri GFOA who frequently teaches for GFOA chapters and the national organization. He is also a member of the Kansas and Missouri Society of CPAs and the American Institute of CPAs.