Euna Solutions®? and Polco announced a new strategic partnership that combines Euna's innovative budgeting platforms with Polco's community engagement tools. Seamlessly blending Euna's strategic financial management tools with Polco's advanced analytics and AI, the new integrated solutions promise to transform public budgeting by enhancing budget transparency, ensuring fiscal decisions are data-driven and aligned with community needs, and increasing resident participation.

Over the past two years, Euna Solutions and Polco have collaborated closely with the Government Finance Officers Association (GFOA) on exploring modern approaches to budgeting through its "Rethinking Budgeting" initiative. The collaborative study and assessment revealed a critical gap between citizen engagement and data, and strategic budgeting. Based on these findings, Euna Solutions andPolco deepened the integration of Polco's Balancing Act budget simulation tool and Track, their innovative data analytics tool for community insights with Euna Budget, the most widely used budgeting solution in the public sector, and its newly released Strategic Budgeting offering.

The integrated set of Euna-Polco solutions provides numerous benefits, including: Full Cycle Budgeting & Community Engagement: Euna Budget enables full cycle budgeting and, by using Polco's Balancing Act, cities can involve residents directly in the budgeting process through interactive simulations that capture public opinion and feedback. This data flows into Euna's Transparency Module, which then communicates budget decisions back to the public, reinforcing transparency and trust. Data-Driven Decision Making: Polco's Track tool provides ongoing community metrics and trends that feed into Euna's budgeting software, enabling cities to tailor their financial strategies to the specific needs and preferences of their communities.

This continuous loop of data and feedback ensures that budgeting remains responsive and aligned with community values. Strategic Planning with AI Insights: Euna's Strategic Budgeting module, now enhanced by Polco's AI-driven insights, allows city planners to incorporate predictive analytics into financial planning, ensuring more accurate and forward-looking budget management. To offer cities flexible and comprehensive solutions for budgeting and community engagement, the solutions from Euna and Polco are packaged into three bundles that offer a strategic combination of tools.

The bundles include: Basic engagement bundle: Ideal for cities looking to enhance public participation and transparency with a focus on building trust and understanding in the budget process Advanced data-driven, decision-making bundle: Best suited for cities that prioritize data-driven budgeting and want to align their fiscal strategy with real-time community needs; Comprehensive engagement and analysis bundle: Designed for cities seeking a full suite of tools for data analysis, community engagement, strategic budgeting, and transparency. Each bundle can be customized further based on specific city requirements and goals, ensuring that each municipality can find a suitable solution to meet its unique challenges in public budget management and civic engagement.