FY25 A.I. A Better Path to Priority-Based Budgeting

A Better Path to Priority-Based Budgeting: How Do We Get There and What’s the Payoff?

This session will explore how school districts are using priority-based budgeting to enable budget decisions that relate directly to district priorities and save money. After providing an overview of priority-based budgeting and its benefits, Mark Welch, a public sector budgeting expert and former teacher, will explore best practices for implementing this new budgeting approach. Attendees will learn how AI modeling can streamline the shift to priority-based budgeting by analyzing huge data sets to make logical connections and discover patterns in the data to predict programs – including inventory, costs, and scores. Welch will share real-world insight into how priority-based budgeting can surface innovations for how programs are funded, resources can be freed up and reallocated, and spending can be optimized to support priorities.

Tyler Technologies’ Priority Based Budgeting solution enables school districts to easily uncover budget savings, identify revenue possibilities, 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 educational priorities.