Tyler, Envisio, Polco: Transformative Budgeting Partnership

As federal stimulus funding winds down, uncertainty surrounding federal funding escalates, borrowing costs grow, and ballot initiative failures increase. To meet these challenges, state and local governments are reevaluating their budgeting processes to balance tighter budgets, align scarce resources with key initiatives, and get a clearer understanding of impact.

To help governments meet these challenges, Tyler Technologies is partnering with Envisio and Polco to provide an industry-leading, end-to-end process that optimizes priority-based budgeting.

This partnership offers a comprehensive approach to transformative budgeting with:

• Tyler’s Priority Based Budgeting leveraging AI to uncover budget savings, identify revenue possibilities, better allocate funds, and streamline the connection of line items in traditional budgets to community priorities.
• Envisio’s strategy and performance management platform to enable organizations to execute their outcomes-focused budgets while also providing a platform to track and share results with community members.
• Polco’s advanced community engagement, “Balance the Budget” simulation, and “Taxpayer Receipt” tools to provide interactive functionalities designed to help communities engage in the budgeting process, gaining a deeper understanding of public services and improving the likelihood of ballot initiative passage

5 Key Benefits of an End-to-End Budgeting Solution

Our partnership offers a comprehensive, end-to-end process for local governments seeking to drive meaningful and measurable change.

What does this partnership mean in practice? It enables government to:

• Align budget with priorities: Understanding resource flow, aligning budgets with strategic goals, and funding the things that matter
• Measure and manage progress: Cascading strategic goals into funded projects and programs, aligning staff with deliverables, embedding performance measures, and gaining visibility into progress
• Make data-driven decisions: Using regular, automated reporting and analytics for greater internal visibility into performance, insights into what is and isn't working, and the data needed to inform decision-making
• Share results: Easily communicating progress and results with staff, elected officials, and residents through reports and community dashboards
• Build trust and understanding with the community: Deploying interactive engagement tools to bring the community into the budgeting process

Here’s a brief look at the solutions and services:

Optimizing the Process & Uncovering Savings

Tyler's Priority Based Budgeting solution enables governments and school districts to uncover budget savings, identify revenue opportunities, better allocate funds, and create sustainable, fiscally responsible budgets. Priority Based Budgeting harnesses AI and machine learning to align government resources with a community’s highest priorities. Tyler provides a Return on Investment Optimization Report after each project. The report serves as a comprehensive playbook for implementing cost-saving strategies, generating revenue, and improving service delivery. It offers program-specific resource reallocation and proven revenue generation recommendations, providing guidance for actionable steps to achieve goals.

Fostering Engagement & Trust

Envisio amplifies the impact of Priority Based Budgeting by managing, tracking, and showcasing results. Results can be shared with community members and used to further inform Tyler’s Priority Based Budgeting recommendations in future years.

Envisio provides a team of planning and performance coaches and a strategy execution framework developed over many years to support the complexity of public service delivery. Envisio partners with local governments to ensure they have the necessary software, organizational understanding, and capacity to drive the right processes and cultural changes to achieve desired outcomes.

“As mission-driven companies that have contributed to GFOA’s Rethinking Budgeting initiative, Envisio, Polco, and Tyler are uniquely positioned to combine our solutions and meet the needs of local government organizations as they embark on this transformative journey," says Liz Steward, Envisio's vice president of marketing and research.

Align Your Budget With You Priorities

To learn how Priority Based Budgeting can help meet the needs of your community:

Providing Community Engagement & Insight Tools

Polco complements Priority Based Budgeting with a range of solutions designed to enhance the budgeting process, from interactive simulations to data-driven insights. These tools empower governments to engage residents, analyze financial data, and create budgets that reflect community needs and values.

Polco’s interactive platform enables residents and stakeholders to experience the complexities of the budgeting process in real time. By visualizing how various budgetary decisions impact services and outcomes, users can simulate different scenarios and explore the trade-offs of funding allocations. It integrates real financial data, enabling citizens to make informed recommendations on how limited resources should be allocated across community priorities.

“By bringing together Polco’s advanced community engagement and budget simulation platform with Tyler’s Priority Based Budgeting, this partnership will provide governments with unparalleled insights into public priorities and needs,” says Nick Mastronardi, Polco’s CEO.

Looking Ahead

We are excited to partner with Envisio and Polco to help our communities achieve their goals. I’d love to hear your thoughts on this partnership and address any questions you may have about how Tyler is helping communities rethink their budgets.

Chris Fabian is senior director of product strategy for ERP budgeting at Tyler Technologies. He has helped more than 300 local governments and schools implement priority-based budgeting. Fabian is the co-founder of what is now Tyler’s Priority Based Budgeting. This budgeting methodology leverages machine learning and AI to predict and identify priority-based budgeting opportunities and savings. Fabian has served as an internal business consultant for local government. He can be contacted at (303) 520-1356 or chris.fabian@tylertech.com.

To learn how Priority Based Budgeting can help meet the needs of your community: https://www.tylertech.com/products/priority-based-budgeting