Authors

Alexandra Flynn

Document Type

Media Mention

Publication Date

1-21-2016

Source Publication

Corporate Strategy

Description

Municipal staff and politicians are moving aside to let someone else make budget decisions – community residents. This practice, known as participatory budgeting or PB, is a completely different way of managing public money. It allows the public to both identify projects and programs that they want to see in their neighbourhoods, and to vote on which ones to fund. The process was developed twenty-five years ago and there are now over 1,500 participatory budgets around the world.

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