Participatory budgeting is a process which allows members of a community to participate in making spending decisions about local things that affect them.
It originated in Brazil in the late 1980s as a device to instill communities’ confidence in the democratic processes.
In Great Britain PB is used as a method for securing public engagement in local decision making and demonstrates the importance of community involvement in new development or in regeneration if the potential benefits to communities are to be realised and their needs met.
Participatory Budgeting can:
· Encourage people to bring forward ideas for ideas for their community
· Foster a greater understanding of local community issues
· Get people involved in their community and in voluntary activity
· Make sure that what gets done is what the community most wants
· Helps the community understand how parish business affects them
· Helps people see how their council tax is being used
· Encourage new people to stand for election as parish councillors