Business
County Supervisors Set to Evaluate Game-Changing ‘Zero-Based Budgeting’ Feasibility Report

County finance officials are set to evaluate a potential new approach to managing Mohave County’s budget during an upcoming meeting next week. This comes in response to the Mohave County Board of Supervisors’ directive to examine the feasibility of implementing a “zero-based” budgeting system.
Zero-based budgeting requires that all expenses be justified for each new period, starting from a “zero base,” rather than basing them on previous budgets. This strategy aims to provide a more thorough examination of expenditures and prioritize essential services. It is seen as a significant shift from traditional budgeting methods, which often carry over past spending patterns.
The move has been prompted by concerns over budget efficiency and resource allocation amid rising expenses. Finance officials will gather data and insights to assess whether this method could enhance fiscal responsibility within the county. The results of their analysis are expected to be reported to the Board of Supervisors for further consideration.