Forbes – Can Silicon Valley Sic Shumpterian Disruption On Bloated City Governments?

14 Mar

It’s one thing to ship your tax money off to Washington, resigned to the fact that you have little control over the distant bureaucracy that consumes our nation’s fisc. But when it comes to your own city or town, where spending decisions impact everything from garbage collection to your daily commute, such resignation costs dearly. So what to do?

Imagine you could quickly and easily pry the cover off your municipal government’s books and look inside. Imagine every citizen being able to hold politicians accountable down to the penny: Where is my tax money going? Are we getting our money’s worth? Should I believe the mayor when he tells me he needs to raise taxes? Are we overpaying our civil servants? Can some city services be outsourced? How come my friend in the next town over pays fewer taxes yet gets better services in return?

public cyber records

Imagine bondholders getting the answers they need to accurately price risk: Can this city service its debts? Is it operating as efficiently as similar cities? Are expenses and revenue out of whack? Are ominous trends brewing?

Imagine every candidate running for office having the power to become as well-informed as the incumbent: Are the current officeholders doing a good job? Can I do better? Where are the improvement opportunities? Is the city in trouble? Is the mayor a crook?

Imagine no more. A Silicon Valley startup named is putting city finances online, along with a suite of analytic tools that make it easy for both city managers and any citizen to dig into the details of their city’s finances, past and present.

To read the rest of the column click here.


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