News + Media

Mike Bloomberg is dropping $42 million on 100 US cities

April 24th, 2015

Through his charitable organisation, Bloomberg Philanthropies, the multibillionaire will fund a program that helps municipal governments around the country use data to do their jobs better.

Bloomberg described his plan in a Huffington Post blog earlier this week:

City governments have a responsibility to make the most of every dollar, and data helps them do that. When cities keep close track of their progress, they can quickly change course when programs don’t work as expected, rather than throwing good money after bad. Data also allows cities to direct funding to programs based on results, not intentions — and it allows the public to hold mayors accountable for getting the job done.

Read the full article - Business Insider Australia

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