To secure and maintain federal funding for projects and programs, local governments need data to identify priorities, support grant applications, and monitor and track progress.
With the availability of various federal funding sources, cities and counties have an unprecedented opportunity to deliver much-needed projects and programs that serve residents, especially the most vulnerable. Specifically, funding is now available through the American Rescue Plan Act, the Infrastructure Investment and Jobs Act, and the Inflation Reduction Act.
In this article, Elliot Flautt of Tyler Technologies explains the five ways that data helps local governments secure and maximize funding:
- Application and allocation: Data is needed to identify priority projects and create compelling grant proposals.
- Resident engagement: Dashboards have to be created to inform the public about how money is being used and the progress on projects.
- Federal reporting: Data is required to comply with financial, performance and compliance reporting requirements.
- Outcomes: Cities and counties have to develop Key Performance Indicators (KPIs) to measure the effectiveness of projects launched with federal funding.
- Bench-marking and contextualization: Local governments need to use a variety of data, including those from the federal government and third-party sources, to get a more complete picture of recovery and also to benchmark themselves against other cities/counties.
For more information, please read the source article.
Read the full story: Five ways data is helping local governments maximise federal funding
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