Fiduciary responsibility is a legal and ethical duty to act in the best interest of others.
While often associated with financial matters, it is not solely about money.
In the context of government and land use decisions, fiduciary duty goes far beyond budgets or tax revenue.
Fiduciary responsibility includes a broader obligation to protect the public good—socially, environmentally, and ethically. Elected officials, public board members, and regulatory agencies are entrusted to serve the community, not private interests or political agendas.
Their fiduciary obligation includes:
Fiduciary duty in public service is about trust. It requires leaders to consider the full spectrum of public interest, not just economic returns.
When honored, this responsibility leads to decisions rooted in fairness, accountability, and sustainability. When ignored, it can result in lasting harm—to both people and the places they call home.
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