Who knew government finance could be so cool? After attending the GFOA (Government Finance Officers Association) Annual Conference this week, I have to say I saw some pretty innovative best practices from a variety of cities and counties. Like the Town of Cary, NC and it’s advanced meter reading, or the City & County of Denver creating efficiencies with Lean principles, and the City of Minneapolis making better decisions with predictive analytics. But there was one initiative that really had that “wow” factor. It was the Montgomery County, MD’s Open Data project. This new site, called dataMontgomery, gives citizens and employees alike visibility into budgets that puts transparency at a whole new level.
dataMontgomery is a tool that makes reading financial data fun and interesting. How can that be you ask? Well, for one, it’s visually appealing. You can choose to look at the data in different views (charts, graphs, etc…). And coming soon, you’ll be able to drill down into each department’s costs, even down to project level spending. Another thing is, its user friendly. The data can be exported or used right on the site. They also have reports already created and ready to be viewed in multiple formats. Public requests for data – no problem!
Meaningful data is unfortunately a rarity in more than just government, but around the world. We keep hearing the term “big data”, but all that data is useless without a tool or resource to help you understand it. An open data tool, such as dataMontgomery, can benefit not just the external customers (citizens, media, etc…), but also internal customers (employees). Think of the knowledge gained by making data-driven decisions. Time, money, and resources that can be reallocated to more fulfilling initiatives. And the satisfaction that they (employees) are serving the community in a purposeful way. What a wonderful world that would be.