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Spike in fiscal year-end spending driven by use-it-or-lose-it mentality

Rita McGrath contributed to the article Spike in fiscal year-end spending driven by use-it-or-lose-it mentality at GovPro.com:

“I vividly recall people rushing into my office pleading for fast-track treatment for proposed purchases because ‘the fiscal year is ending!’ I would point out to them that the fiscal year for the city of New York has ended on June 30 every year since the city’s incorporation in 1861, and that this hardly counted as an unexpected crisis.” To read the entire article, click here.

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