My Economic & Financial Principles

My Economic & Financial Principles

Sep 12, 2025

Provo's finances must remain healthy so that we can fund the vital city services we all rely on: roads, sidewalks, parks, snow removal, libraries, and many more. Provo is a well-run city, but it faces some financial headwinds, and it's up to Provo leadership to address these headwinds to ensure Provo is financially healthy now and in the future.

If elected to the city council, I would use these financial principles to guide my actions, decisions, and oversight:

1. Maintain sustainable fiscal balance

Revenues must grow faster than expenditures and debt over the medium term, ensuring the city's financial position strengthens rather than weakens over time.

2. Don't let public spending rise faster than private sector productivity

Municipal spending must stay tethered to what the local private economy can support.

3. Maximize returns on all spending

Every expenditure - whether infrastructure investment or public services - must deliver exceptional value to residents relative to its cost. Prioritize preventive investments that avoid larger future costs.

4. Do everything possible to increase productivity

Both internal operations and city-wide economic productivity should be relentlessly improved through smart policy, infrastructure, processes, and attracting/retaining productive residents and businesses.

Provo's finances must remain healthy so that we can fund the vital city services we all rely on: roads, sidewalks, parks, snow removal, libraries, and many more. Provo is a well-run city, but it faces some financial headwinds, and it's up to Provo leadership to address these headwinds to ensure Provo is financially healthy now and in the future.

If elected to the city council, I would use these financial principles to guide my actions, decisions, and oversight:

1. Maintain sustainable fiscal balance

Revenues must grow faster than expenditures and debt over the medium term, ensuring the city's financial position strengthens rather than weakens over time.

2. Don't let public spending rise faster than private sector productivity

Municipal spending must stay tethered to what the local private economy can support.

3. Maximize returns on all spending

Every expenditure - whether infrastructure investment or public services - must deliver exceptional value to residents relative to its cost. Prioritize preventive investments that avoid larger future costs.

4. Do everything possible to increase productivity

Both internal operations and city-wide economic productivity should be relentlessly improved through smart policy, infrastructure, processes, and attracting/retaining productive residents and businesses.

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Paid for by Jeff Whitlock for Provo