Indiana’s governor and D.C.’s transit agency got caught up in controversies after removing comments off their social media accounts. The takeaway? Public officials need to learn to keep their fingers off the delete button.
Today more than ever, it is critical for state and local governments to practice sound fiscal management and financial planning. Failure to understand financial outcomes undermines a jurisdiction’s economic and political viability. Yet there’s a big gap between what public leaders know about finance and what they need to know.