The second volume is more technical in nature but the basic concepts can still be used for policy makers. The advanced concepts are written primarily for chief executive officers, finance managers and department heads. The short-term operating budget and long-term capital investment plans, the engines that drive local government, have a central role and there is an added emphasis on the need for citizen input.

The first volume provides decision makers with a basic financial foundation. Financial policies, planning and citizen participation are cross-cutting topics that impact all aspects of local government decision-making. Volume 1 is especially good for policy makers and chief executive officers.