Cost Accounting in Local Government


Long-Range Financial Plans

I got a call recently from a California city interested in consultants that did long-range financial plans (LRFP). I couldn’t remember the last time I had a similar call even though LRFPs had once been the rage. I mumbled something about how our approach was completely different than the historical LRFP process and left it […]


Cost Allocation Plan vs. Internal Service Fund

In last month’s article I wrote about what happens when you write a Program Budget and no one cares. In other words, you have identified the full costs of providing various services to the community but it does not affect funding decisions. So depending on your resources you will want to ask yourself, What do […]

To ISF or not to ISF?

Being someone who allocates costs for a living, it has become an axiom that if you can allocate costs then you do it. But is more information always a good idea? Or in other words, has the allocation of central costs merely become an academic exercise?