Follow the money

 

Many years ago, I heard this expression. Scratched my head and thought “what the hell does that mean?”

Then I watched the motion picture All the President’s Men where that catchphrase became popular. So, whether it’s politics or crime or maybe a combination thereof, to find out what’s going on or who is corrupt, you must follow the money. You need to know where it comes from and where it goes and how it flows from one account to another from person-to-person and so on. This is probably not news to you the reader, but I felt we needed to start the conversation here.

Good local government requires that budgetary process be transparent. Budgets should be discussed in a public forum. They must be made available for the public to review. The public shall be allowed to comment in question the budget – revenue and expenditures, purpose of spending – in a public meeting. The process of reviewing adoption is only the beginning. Public officials must be held accountable as well

The Middletown budget is available at https://www.middletownnj.org/275/Budget-Finance-Documents.

 The Monmouth County budget can be downloaded from https://www.visitmonmouth.com/page.aspx?ID=2154.

In my opinion, following the money requires knowledge of the budget, Master Plan, and the Capital Improvements Plan. The Master Plan is the first document to review as it establishes the goals and objectives for the community. The budget itself may also contain goals.

Implementing those goals requires funding. That funding is specified in the local government budget. I would suggest that any resident that is interested in tracking fiscal responsiveness needs to start at the beginning. Is the budget consistent with the comprehensive plan? Are funds available to implement comprehensive plan? If not, why not?

 

The key element of any Master Plan is the capital improvements needed for its implementation. Therefore, a municipal budget should include the Capital Improvement Program, typically a five-year progression of spending. Each budget year should address the capital improvement spending within that program. Once again you need to “follow the money” to see that the appropriate funds have been allocated to pay for capital improvements – new municipal buildings, streets and roads, recreational facilities that are specified in the Master Plan and Capital Improvement Plan.

 

Bottom line: are taxes paid to local government (Township/County) being spent in pan accountable manner. Are we getting what we’re paying for? And maybe more importantly are we getting what we planned for to build the desired future for our community?

 

Obviously, this discussion is somewhat superficial. Understanding the budgetary process has substantial depth to it. But you do have to break the surface before taking the deep dive into financial waters. Next step is understanding the vocabulary and legislative mandates. As one MSNBC talking head is prone to say – “we’ll talk on the other side.”

 

Picture of SLV Democrat

SLV Democrat

Retired city planner and environmental activist

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