Goal Programming for Holistic Budget Analysis

gene ralelection

I dreamed up the phrase ‘holistic budget’ several years ago, but was careful to avoid claiming that I coined it. In any event it’s nice to see that this website comes up first if I put the phrase into Google. You may have a different result. Anyway, the second on my result is an article [...]

I dreamed up the phrase ‘holistic budget’ several years ago, but was careful to avoid claiming that I coined it. In any event it’s nice to see that this website comes up first if I put the phrase into Google. You may have a different result.

Anyway, the second on my result is an article called Goal Programming for Holistic Budget Analysis. published in Administration in Social Work, Volume 3, Issue 1 August 1979, so that probably predates my use of the term.

There is nothing new under the sun but there are lots of old things we don’t know. – Ambrose Bierce

Anyway, there’s a model for the holistic budget, even if it is jargon and costs $30.

GOAL PROGRAMMING FOR HOLISTIC BUDGET ANALYSIS
Authors: James A. Fitzsimmonsa; A. James Schwabb; Robert S. Sullivanc

Abstract
Goal programming is presented as a technique for holistic analysis of a public agency budget. Goal programming is a variation of linear programming which has as its objective the minimization of deviations from a desired set of goals. It is a satisficing rather than an optimizing technique of value where needs exceed resources of multiple goals exist in competition with one another. A specific scaled-down budgetary model is developed using available public data from a State Department of Public Welfare. The model requires the development of a set of goals or objectives which are ranked in ordinal priority and the statement of significant budgetary relationships in linear equation form. The model is run under six different situations to examine its potential usefulness in response to different concerns of budget administrators.
Administration in Social Work, Volume 3, Issue 1 August 1979 , pages 33 – 43

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