Cost Control at an award winning City
Overall costs of operations at the City of Fort Collins, Texas, USA, a 2017 Baldrige National Quality Award recipient, were controlled through multiple mechanisms, including monthly Financial Monthly Operating Report tracking and Budgeting for Outcomes (BFO) process. . BFO included a cost analysis of submitted budget offers to ensure thoughtful stewardship of tax dollars. City…
BPIR Categories
11.1.1 Develop budgets
11.1.4 Manage cash flow
11.4.1 Design/conduct internal/external audits