1. Develop a 1,050- to 1,400-word needs statement and management plan that will be part of a proposal for a fictitious, grant-funded project of your choosing on behalf of your agency or organization. Include the following sections in your submission:
Topic: The social services division of a state or city government
Proposal: Mandatory financial literacy course for college students to graduate from a college or university
2. Paragraph One: Describe the characteristics of your fictitious agency or organization.
The fictitious organization is the Department of financial services and stability within the state of Florida. Here the agency is charged with maintaining the stability and financial position of the state of Florida. To accomplish this mandate the agency has several service divisions that designed to help promote the integrity of the financial system within the state of Florida. These services are further segmented into divisions designed to address certain elements within the financial system. These segments have slight overlap but consisted of departments related to accounting, auditing, consumer services, forensic accounting and fraud, risk management, and treasury. Here, the organization looks to help promote the seamless financial activity within the state, promote liquidity and ultimately help to maintain the stats strong financial position relative to other states.
3. Paragraph Two: Discuss the possible funding sources you might contact for this grant proposal.
The funding sources for the organization will be heavily reliant on tax...
Florida has a relatively low tax basis as compared to other states. Here, funding for the new agency can be funding through a sales tax increase. Additionally, a portion of lottery winning can be used to supplement expenditures related to this department.
4. Needs Statement: Establish the specific problem the proposed project will address.
Financial literacy is now becoming a much more contentious and polarizing issue throughout the United States. Studies have shown a widening disparity in income inequality throughout the country. The trend shows no signs of abating as the recent COVID-19 pandemic saw the wealthiest one percent of Americans obtain a large percentage of the wealth gains that occurred from the recovery. One element that is particularly harming Americans is that of student loan debt. Currently, student loan debt currently stands at $1.6 Trillion with nearly 43 million Americans with some form of student loan debt. This...
…mandate on their campuses.
Next the project management would look to obtain secure, long term financing in order to fund the project long term. Here, as noted earlier, the primary income streams will consist heavily of increases in tax revenues or state grants. Once received, the project manager must be able to budget and allocate this capital to its highest and best use. Here, the budget must be created to ensure for unforeseen circumstances within the oversight of the new mandate, but also allow the project manager flexibility in seeking new opportunities that present themselves. Once approved, the project must then be implemented using the specifications detailed above.
Finally, once implemented the project manager must conduct an assessment as to any improvement that where created as a result of the project implementation. This review will involve both qualitative and quantitative elements of evaluation. For example, these elements could include aspects related to financial acumen on the part of students, confidence measurements in the ability to students to make better informed decisions, and so forth. Once evaluated, the project manager should then take these insights to further improve the overall project for future student…
