The Staunton Virginia Plan That Made One Dollar Of City Money Go As Far As Two

In the midst of a global pandemic and economic recession, the city of Staunton, Virginia has implemented a revolutionary plan that has made one dollar of city money go as far as two. This plan, known as the Staunton Virginia Plan, is a shining example of how cities can creatively and effectively manage their finances.

The Staunton Virginia Plan

The Staunton Virginia Plan is a comprehensive plan that addresses all aspects of the city's finances. The plan includes measures to increase revenue, reduce expenses, and improve efficiency.

A City With a General Manager: The Staunton, Virginia Plan That Made One Dollar of City Money Go As Far As Two Had Gone Before

by Jasbir K. Puar

5 out of 5

Language	:	English
File size	:	3417 KB
Text-to-Speech	:	Enabled
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	27 pages
Lending	:	Enabled
Screen Reader	:	Supported
X-Ray for textbooks	:	Enabled
Item Weight	:	14.1 ounces
Dimensions	:	5.39 x 1.06 x 8.5 inches

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One of the most innovative aspects of the Staunton Virginia Plan is its focus on performance-based budgeting. Under performance-based budgeting, city departments are only funded if they can demonstrate that they are meeting their performance goals. This system has helped to ensure that the city's money is being spent on programs that are delivering results.

The Staunton Virginia Plan has also been successful in reducing the city's expenses. The plan includes a number of cost-saving measures, such as consolidating city services and negotiating lower prices with vendors.

In addition to its focus on performance and cost-saving, the Staunton Virginia Plan also emphasizes economic development. The plan includes a number of initiatives to attract new businesses to the city and create jobs.

The Results

The Staunton Virginia Plan has been a resounding success. Since the plan was implemented, the city has seen its revenues increase, its expenses decrease, and its economic development efforts bear fruit.

In 2020, the city of Staunton had a budget surplus of $1.5 million. This is the first time the city has had a budget surplus in over a decade.

The city has also been able to reduce its expenses by over $1 million per year. This has been achieved through a combination of cost-saving measures and increased efficiency.

Finally, the city's economic development efforts have been successful in attracting new businesses to the city and creating jobs. In the past year, the city has seen a 5% increase in its job growth rate.

The Staunton Virginia Plan is a shining example of how cities can creatively and effectively manage their finances. The plan has helped the city of Staunton to increase its revenues, reduce its expenses, and improve its economic development efforts. The plan is a model that other cities can follow to improve their own financial performance.

A City With a General Manager: The Staunton, Virginia Plan That Made One Dollar of City Money Go As Far As Two Had Gone Before

by Jasbir K. Puar

5 out of 5

Language	:	English
File size	:	3417 KB
Text-to-Speech	:	Enabled
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	27 pages
Lending	:	Enabled
Screen Reader	:	Supported
X-Ray for textbooks	:	Enabled
Item Weight	:	14.1 ounces
Dimensions	:	5.39 x 1.06 x 8.5 inches

FREE