Agency Budgets Book Report

Some of the key budget components for the FY 2015 include, but they are not limited to, administration of non-Stafford Act disasters, allocations to the Office of Advocacy and the Office of the Inspector general, and funding for business loan subsidies and non-credit programs (SBA, 2014). The Most Appealing Budget

Two budgets in this case appeal to me most; that of the U.S. Small Business Administration and the U.S. Environmental Protection Agency. However, for purposes of this discussion, I will limit myself to one budget; i.e. that of the U.S. Environmental Protection Agency. In addition to having significantly sliced its budget request (in relation to that of the previous period), the agency clearly identifies its key funding priorities for the financial year 2015. One could therefore conclude that the FY 2015 budget request for the concerned agency is justified on the basis of this marginal change from the FY 2014's budget -- with the said marginal change, in this case, being a decrement....

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By clearly identifying its key funding priorities for the financial year 2015, the company could use the document as both a financial plan for the management of future undertakings and as a decision making and performance evaluation tool. The budget of this particular agency also makes use of graphs and charts to present data. This makes it easy for users of the data presented therein to understand the said data at first instance.

Sources Used in Documents:

References

McCaffery, J. & Jones, L.R. (Eds.). (2001). Budgeting and Financial Management in the Federal Government. New York: IAP.

U.S. Environmental Protection Agency. (2014). FY 2015 EPA Budget in Brief. Retrieved from http://www2.epa.gov/sites/production/files/2014-03/documents/fy15_bib.pdf

U.S. Small Business Administration. (2014). U.S. Small Business Administration FY 2015 Congressional Budget Justification -- Budget Request in Brief. Retrieved from http://www.sba.gov/sites/default/files/files/SBA_FY15_Budget%20Highlights.pdf


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