How To Manage City Finance Effectively, With Rick Cole

How To Manage City Finance Effectively, With Rick Cole

Author: Strong Towns March 31, 2025 Duration: 1:06:40
Rick Cole is the chief deputy controller of Los Angeles and a councilmember in Pasadena, California. He’s known for tackling challenging city budgets and has been honored for his work as a public official several times, including with a Excellence in Management Award. Cole joins Chuck Marohn on this episode of the Strong Towns Podcast to discuss city finances and how they can be improved. Their conversation includes the following topics: What does it mean for budgets to be value statements? How do you direct city finances in a truly effective way? What role should the public play in a city’s financial decisions, and how can city staff and officials enable their productive participation? And more! ADDITIONAL SHOW NOTES Learn more about the Strong Towns approach to finance. Rick Cole (LinkedIn) Chuck Marohn (Substack)

Each week, Charles Marohn guides a discussion that feels less like a formal lecture and more like a thoughtful chat with a knowledgeable neighbor. The Strong Towns Podcast digs into the practical, often overlooked details that determine whether a community thrives or just struggles along. The conversations here consistently connect the dots between sensible budgeting and the physical shape of our streets, parks, and neighborhoods, arguing that true resilience comes from this intersection. You’ll hear specific examples of how towns and cities can make incremental, affordable investments that build long-term wealth and stability, moving beyond short-term fixes. Rather than offering abstract theory, this podcast focuses on actionable ideas for local leaders and engaged citizens alike, exploring how everyday decisions about infrastructure and land use directly impact a place's financial health. It’s a grounded perspective on creating communities that are not only more solvent but also more welcoming and livable. The ongoing dialogue reinforces the core idea that a strong town is built from the bottom up, one block at a time.
Author: Language: English Episodes: 100

The Strong Towns Podcast
Podcast Episodes
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