Get the free Combined Racial Equity Budget Tool - county milwaukee

RACIAL EQUITY BUDGET TOOL Date Submitted: 8/12/20 Department: Milwaukee County Board of Supervisors 3OHDVHQRWHHDFKUHVSRQVHHOGEHORZKDVD2,500-character limit. STRATEGIC OBJECTIVE CATEGORY 1: DIVERSE

How to fill out combined racial equity budget

How to fill out combined racial equity budget

1. Step 1: Begin by identifying the different components of the budget. This may include revenue sources, expenditures, and grants or funding allocations.
2. Step 2: Assess the current allocation of resources and examine any disparities or inequities in the budget.
3. Step 3: Define specific racial equity goals and objectives for the budget. This involves determining how resources can be allocated in a way that addresses racial disparities.
4. Step 4: Engage stakeholders and community members in the budgeting process. Seek input and feedback from those most affected by racial inequities.
5. Step 5: Develop strategies and action plans to address racial disparities within the budget. Consider ways to prioritize equity and allocate resources accordingly.
6. Step 6: Implement the proposed changes to the budget, ensuring that racial equity goals are integrated into the overall budgeting process.
7. Step 7: Monitor and evaluate the impact of the racial equity budget. Continuously assess progress and make adjustments as needed.
8. Step 8: Engage in regular communication and transparency with stakeholders regarding the utilization of the combined racial equity budget.

Who needs combined racial equity budget?

1. Government agencies and departments that are committed to promoting racial equity and addressing racial disparities in resource allocation.
2. Organizations working on social justice and equality issues, such as nonprofit organizations, advocacy groups, and community-based organizations.
3. Communities that have historically faced racial inequities and want to ensure fair and just distribution of resources.
4. Budget committees and decision-makers who recognize the importance of integrating racial equity considerations into the budgeting process.
5. Researchers and policy analysts who study racial disparities and want to contribute to solutions through effective budgeting.

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What is combined racial equity budget?

A combined racial equity budget is a financial plan that integrates equity considerations into budgeting processes to address and reduce racial disparities in resource allocation.

Who is required to file combined racial equity budget?

Typically, government agencies and organizations that receive public funding are required to file a combined racial equity budget.

How to fill out combined racial equity budget?

To fill out the combined racial equity budget, entities must assess their proposed spending concerning racial equity goals, provide relevant data, and document strategies for addressing disparities.

What is the purpose of combined racial equity budget?

The purpose of the combined racial equity budget is to ensure that budgetary resources are allocated in a manner that promotes equity and addresses systemic inequalities.

What information must be reported on combined racial equity budget?

Entities must report on their budget allocations, spending projections, data analysis on racial disparities, and strategies to enhance equity outcomes.