Tyler Technologies Inc. has announced a new agreement with Los Angeles County, California, to implement its Priority Based Budgeting $(PBB)$ solution as part of the county's Data Driven Budgeting initiative. This AI-powered solution aims to modernize the county's $40 billion budget by aligning resources with community priorities, enhancing transparency, and strengthening fiscal resilience. The selection of Tyler followed a competitive process, and the PBB solution is expected to facilitate data-driven decision-making, maximize resource allocation, and build public trust. This initiative places Los Angeles County among a growing number of governments adopting innovative budgeting approaches to optimize public resource management.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.