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Laramie shows off ‘checkbook’ phase of Open Finance tool; staff outlines transparency goals
Summary
City finance staff demonstrated the Phase 2 “checkbook” feature of Laramie’s Open Finance tool, reviewed transparency goals started after the city’s financial software modernization, and outlined outreach and distribution plans for condensed budget reports.
Director Wade presented an overview of the city’s financial transparency initiative and gave a demonstration of the Phase 2 ‘checkbook’ feature of Open Finance during the Laramie City Council work session on Aug. 12. The presentation covered the origins of the initiative following a February 2024 upgrade to the city’s financial software, the guiding principles for transparency, and plans to launch the checkbook feature to the public this fall.
Wade said the council’s 2024 goal to develop budget transparency and the city’s management objective to modernize finance systems drove the work. She said the city used the International City/County Management Association (ICMA) definition of…
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