Tyler Tech Podcast

5 Ways to Not Waste Stimulus Funds with Mark Funkhouser

Episode Summary

With the American Rescue Plan Act, local government is seeing opportunities to address some of the challenges they are facing brought on by the pandemic. But what’s the best way to use these funds? How do you make sure to best leverage this unique opportunity with both short term needs and long term priorities in mind? Well, to help us understand this, we turn to Mark Funkhouser. Mark Funkhouser, is the president of Funkhouser & Associates, and is a municipal finance expert and former mayor of Kansas City who has served as a government official, elected leader and publisher of Governing magazine. He is a trusted and credible advisor to government officials who is uniquely qualified to help them put their communities on the path to fiscal sustainability. Mark has a master’s degree in social work from West Virginia University, an M.B.A. from Tennessee State University, and an interdisciplinary Ph.D. in public administration and urban sociology from the University of Missouri at Kansas City. Today, Mark brings us his 5 Way to not waste you stimulus funds.

Episode Notes

With the American Rescue Plan Act, local government is seeing opportunities to address some of the challenges they are facing brought on by the pandemic.  But what’s the best way to use these funds?  How do you make sure to best leverage this unique opportunity with both short term needs and long term priorities in mind?   Well, to help us understand this, we turn to Mark Funkhouser.

Mark Funkhouser, is the president of Funkhouser & Associates, and is a municipal finance expert and former mayor of Kansas City who has served as a government official, elected leader and publisher of Governingmagazine. He is a trusted and credible advisor to government officials who is uniquely qualified to help them put their communities on the path to fiscal sustainability. 

Mark has a master’s degree in social work from West Virginia University, an M.B.A. from Tennessee State University, and an interdisciplinary Ph.D. in public administration and urban sociology from the University of Missouri at Kansas City.

Ways to Not Waste Your Stimulus Funds

  1. Don’t misapply a temporary windfall
  2. Invest some of the money to reduce your operating costs
  3. Think beyond your borders
  4. Make overdue investments in technology and cybersecurity
  5. Spend some on social services and small businesses to avert short-term disaster