Opening the Books: Transforming Old School Budget Books to Dynamic Dashboards

Financial data is in high demand — taxpayers want to know how their dollars are being spent; leaders and councilmembers want to know how they’re spending against budget; and finance directors want a way to easily report with real-time data. What happens when the dense budget book transforms into an interactive, dynamic dashboard that shows approved and actual budgets; expenditures with details about vendors; and payroll information? Find out from Mike Bailey as he shares his city’s transparency initiative and how financial data is the frontrunner on the city website. Mike Lu will also introduce Socrata for Finance and share how cities, counties and states are leveraging this solution to solve their top challenges.

Speaker: Michael Lu, Principal Product Manager, Socarata

Speaker: Michael E. Bailey, Finance Director, City of Redmond, WA