Delivering Financial Transparency,
offering real-time data on revenues, payments, and budget breakdowns.
Dive into our interactive platform for a comprehensive
understanding of how the city's finances work.
Weston's Open Finance Portal offers users the ability to explore the current adopted budget, projected revenues, vendor payments, and explore a highly interactive budget broken down by function, where the user can view expense by function, and see how it is funded. Everything is updated daily so you have up-to-date information right at your fingertips.
In addition to the portal, the City's Finance section of the website offers many resources for those who have yet to explore it, including financial policies, housing assistance programs, estoppel and lien searches, local business taxes, budget details, and financial reports.
Providing additional transparency is another step in not just sharing information but helping educate the community regarding its city government and promoting confidence and trust. Financial data while shared online, is also supported through off-line avenues such as traditional budget hearings, citizen engagement, Commission meetings, phone calls and in-person interactions.
Finance landing page
Asked about the development of the Open Finance Portal, Darrel Thomas, Assistant City Manager/ Chief Financial Officer stated "The City of embraces a culture of openness and financial transparency in all aspects of its financial management. The City holds open meetings available to the public, publishes financial documents which are posted on the City’s website and available for public record, and ensures the finance staff and leadership team are always available to answer questions the public may have. Adding an Online Financial Transparency Portal is an opportunity to expand on the City’s existing philosophies of openness and transparency and provide yet another method for public engagement to ensure trust and responsible governance.”
Mr. Thomas was a part of the Government Finance Officer's Association Financial Transparency Taskforce from 2017-2019, culminating in a white paper released by the Association in 2019.
Key components of online financial transparency:
- Share data that tells a story
- Proactive rather than reactive
- Honest and fair in how data is shared
- Neutral, not advocating any position or agenda
- Trust & financial sustainability
- Current, timely data
- Ability to drill, sort, disaggregate data
- Contextually accuracy
- Culture of openness
In short, online financial transparency is defined by the actions taken by government that result from a culture of openness.