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Budget 2.0 Roadmap Framework


September 14, 2011

Doug Hadden, VP Products

As described in a post yesterday, I’ve been working on a paper for the Association of Budgeting and Financial Management (ABFM) conference in October. I’ll be on a panel discussion on October 15th on Online Expenditure & Performance Reporting.

The premise of the paper is that government budget management is modernizing to “Budget 2.0″ that leverages Web 2.0 technology and social media. The roadmap to Budget 2.0 includes:

  • Budget Preparation including the process for creating and approving budgets
  • Oversight including internal government and external stakeholders
  • Citizen Engagement includes methods of communicating to external stakeholders
  • Transparency Mechanisms leveraged by governments
  • Budget Comprehensiveness including all government tiers, parastatal organizations and coverage of all revenue and expenditures
  • Accounting Methods from cash through accrual accounting
  • International Standards Support for public sector and transparency standards
  • Policy Formulation including the process of building policy and aligning policy to budgets
  • Budget execution including how execution is controlled to meet budget objectives
  • Government Communications Medium from published documents through to open data
  • Timeliness on information provided to parliaments and citizens

The following shows the work in progress.

Budget 2.0 Roadmap Interaction


Budget Preparation Modernization

Towards participatory budgeting

Oversight and Engagement Modernization

Towards citizen oversight

Transparency Mechanisms Modernization

Towards open data

Budget Comprehensiveness Modernization

Towards treating whole of government as an enterprise

Budget Execution and Accounting Method Modernization

Towards true value of government and government performance

International Public Sector and Technical Standards

Towards true financial comparison between governments


Towards timely data to enable timely decisions

Policy Management

Towards participatory policy




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Doug Hadden

Doug Hadden

Executive Vice President, Innovation at FreeBalance
Doug is responsible for identifying new global markets, new technologies and trends, and new and enhanced internal processes. Doug leads a cross-functional international team that is responsible for developing product prototypes and innovative go-to-market strategies.

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