Radnor Launches Township Finance Review Tool For Public

RADNOR TOWNSHIP, PA — Radnor Township residents have a new way to check out the township's revenue and expenses thanks to a new online tool.

"Open Finance" allows the public to interact with the Township's revenue and expenses and is the next step in the Township’s ongoing efforts to promote fiscal transparency and accountability, according to the township.

"For the past nine years, one of our top financial goals has been transparency. We have provided comprehensive budget documents, award winning audited financial reports, Township personnel wage information, and more. Now, we get to give our community access to the information in one, easy to navigate tool" Township Manager Robert Zienkowski said of Open Finance. "The Board of Commissioners deserve credit for seeing the benefit of these investments into the technology that provides these types of tools."

The tool gives detailed information regarding township revenues and expenditures. Budget and actual data is provided for all Township funds and can be sliced and diced by function, fund, department, division, service type, and vendor.

Community members can see this information at the highest level of reporting or drill all the way down to individual transactions.

This new tool allows the public to see how revenue is received by the township, and how each resulting dollar is allocated. Financial data is updated each week and the website data is one‐way.

"We are excited to be on the leading edge of government transparency by offering this 'Open Finance' tool that provides a modern gateway into how their township receives and spends its resources," Assistant Township Manager and Finance Director William White said. "We discussed these types of opportunities when the decision was made to invest in financial software, and now we’re seeing the product."

The "Open Finance" transparency tool is available online here.