Freeman’s Fiscal Reform Plan
1. Implement Strict Budget Controls
Christina will introduce policies that ensure funds are verified and available before any new spending is approved. A real-time budget tracking system will be made accessible to department heads and the public to improve transparency.
2. Conduct Independent Financial Audits
All city departments will undergo comprehensive, independent audits to identify inefficiencies and potential cost savings. Audit results will be published and available for public review.
3. Address Deferred Charges Directly
A structured repayment plan will be developed to responsibly manage existing deferred charges. The practice of deferring current-year expenses to future budgets will be eliminated.
4. Strengthen Oversight of Municipal Authorities
Oversight committees will be established for agencies such as the Municipal Utility Authority. These bodies will be required to submit regular financial reports and make their expenditures publicly available.
5. Promote Transparent Budgeting
Annual public budget forums will be held to engage the community and explain major fiscal decisions. Residents will receive accessible summaries of the city’s finances in clear, non-technical language.
6. Build a Responsible Emergency Reserve
A designated portion of annual revenues will be allocated to a true emergency fund. These reserves will be protected and used solely for unforeseen crises, not to cover ongoing operational deficits.
