Budgeting for Impact: Factoring Inflation into the Budget Process Webinar
Today’s high and ever-increasing inflation rate may create uncertainty and have serious implications for municipal revenue and expenditures forecasting as local governments are under considerable pressure to relate their spending and taxation levels to cost inflation.
Join NHMA’s Government Finance Advisor, Katherine Heck and NHMA’s Government Affairs Counsel, Natch Greyes who will discuss these challenging fiscal conditions and offer strategies on how to prepare a municipal budget in the time of high inflation that can withstand the impacts of our current economic environment.
Natch Greyes: Introduction and Trends (Duration: 17:41 ): https://youtu.be/UF4lkMMbGWc
Another resource is this interactive inflation chart from the Bureau of Labor Statistics: https://www.bls.gov/opub/ted/2021/mobile/consumer-prices-increase-6-2-percent-for-the-year-ended-october-2021.htm
Also attached is a case study analysis (costing worksheet) for an ambulance service in Anytown, New Hampshire (PDF, 21 pages).