1000+ documents containing “public budgeting”.
public budgeting comparisons of the federal, state and local budget distributions. This thesis will be focused on whether or not the increased budget allocations for transportation in the federal, state and local government will enhance travel security, efficiency, performance measures and &D development in the domain. The thesis will start off with a proposal for an agency that works across and is allocated budget in all the federal, state and local legislatures. The agency chosen for the thesis is the United States Department of Transportation. The proposal will include a detailed overview of the chosen agency inclusive of some financial data in recent years for the agency and a comparative analysis of the performance measures accomplished with those measures that were not completed. This will be followed by the details and comparative analysis of the budgetary performances of the federal, state and local budget departments in the United States….
This is because, the various goals and the costs of providing these services are directly tied to this protocol. Once this takes place, it means that there are greater amounts of accountability. This is the point, that an agency can be able to improve communication and corroboration in achieving their different objectives. These elements are significant, because they are illustrating how the current approach that is being utilized, can improve their ability to address a wide variety of issues. However, in order for this kind of approach to be able to deal with a host of challenges it must be fully implemented. Otherwise, this will not change the environment of the agency and it will lead to similar kinds of problems in the future. (Heinrich, 1999, pp. 363 -- 378)
Clearly, performance management systems are helping and hurting the way various levels of governments are delivering various services. The reason….
City of Alameda Online Budget Challenge
PRESS RELEASE
FOR IMMEDIATE RELEASE
City of Alameda Announces Series of Targeted Budget Cuts and Tax Increases to Balance 2013-14 Budget
Faced with an impending budget deficit of $4.4 million caused by a combination of rising expenditures flat revenues, the City of Alameda has implemented a series of cuts to programs funded by the General fund, as well as minimal increases in certain taxes, to assure a balanced budget for Fiscal Year 2012-13. Before a detailed description of these actions is given, the City of Alameda would like to make clear for all citizens that the proscribed measures are temporary in nature, with the objective being to guide the city through a prolonged recession while assuring financial solvency. With that said, every major department which draws funding from the city's General Fund will absorb budget cuts that are similar to those enacted last year, so that organizational challenges….
budget analyst guided by control concerns takes a more conservative view of the budget, and is likely to put forward conservative guidelines for the budget. These create a stronger form of control, and provide a basis for management to beat the budget. This is because the financial control aspect of budgeting is based on setting realistic benchmarks, and setting budgets in a way that forces management to be efficient. Management is more likely to take an approach that sets budgets higher. Management likely has a preference for having more resources at their disposal, and less tight control on activities. This is not because management does not want to succeed, but management does have an interest in working with a greater amount of resources.
Unit 3. There do not need to be opportunity costs associated with addressing control concerns…unless you specifically choose to blow off planning priorities or program management issues.….
Fiscal Federalism
To the Cato Institute:
The Cato Institute policy statement on "Fiscal Federalism" is an excellent example of 'throwing the baby out with the bath water.' Yes, there may be unnecessary government bureaucracy involved in the awarding of federal grants to states. But the need for more efficiency does not mean that the entire program should be scrapped. During the recent 2008 recession, many states were cash-strapped and desperately needed funds to support Medicaid and unemployment insurance. Unlike states, the federal government can spend at a deficit. If there were no grants, this would have caused tremendous privation and social unrest.
The relationship of the states and the federal government is necessarily a symbiotic one. States are presumed to have better knowledge of what programs are needed to address critical issues within states' borders. The federal government acknowledges this expertise, even though it may use its prerogative to prioritize certain areas of….
edo
Match the following terms with the appropriate definition
Purchasing
Central purchasing Agent
Lowest responsible bidder
Standardization
Specification
Life-cycle costing
Total-purchase costing
Ordering costs
Incremental costs
Carrying costs
Shortage costs
Total desirable inventory
Preventative maintenance
Maintenance prevention
isk control
Security
isk funding
Insurance
Total Cost Production manager assigned to monitoring the delivery services, developing a list of qualified vendors, purchasing standardized items, and uses specification.
Cost associated with disappointing a client, legal settlements, lost labor costs, delay and failure of service.
3.
Coverage which is paid for by monthly or yearly premiums and will pay out in the event of an emergency
4.
Minimizing maintenance by using good equipment and facility design
5.
eduction in risk through careful procedures and practices in security
6.
Providing sufficient funds to meet possible loss situations
7.
equires periodic inspections and upkeep
8.
Company a qualified company that has the lowest bid on a product or project
9.
Total cost of ownership of a commodity or building
10.
Minimization of the number of goods purchased
11.
Purchasing and maintenance costs
12.
Ordering costs are weighed against storage costs
13.
Cost of preparing specifications, obtaining competitive bids, negotiating,….
Pressures Affecting Public BudgetAnalyzing Practical PressuresBudgets are never easy, but when it comes to the public sector there are additional pressures that can make the process even more challenging. On the one hand, there is a need to deliver high-quality goods and services that meet the needs of the community. On the other hand, there is often a limited amount of funding available, meaning that hard choices have to be made about where to allocate resources. One factor leading to practical pressure being put on the budget is politics, with elected officials seeking to direct funds towards pet projects or constituencies that will benefit them at election time (ubin, 2019). Elected officials may have different priorities when it comes to spending taxpayers money.Other factors include population growth and inflation. As populations increase, so too do the number of people who need government services (Gylfason & Herbeertsson, 2001). This increase in….
The departmental and program breakdown of the information in the city of Detroit's budget does not provide quite the same level of detail or of annual change that the city of Austin's budget does, but this more than made up for by the ease of accessing what details are available, and by the different formats of the two cities' budgets almost necessitate these differences in clarity, but they do not entirely account for the lack of clarity in the city of Austin's budget. That budget is already organized by department and broken down into the individual programs; tabulating the department totals and providing a clear overview of the major expenditure and revenue items on the budget would not have entailed any undue extra effort. The city of Detroit's budget clearly shows that both detail and overall clarity are entirely achievable in a municipal budget, making it both more effective….
.. discretion as a practical matter" (1988, p. 78).
Wildavsky's was not critical of classical budgeting theory. He was more in favor of the concept of incrementalism that was a vital part of classical budgeting. He felt that incrementalism was superior to other budgeting approaches because it "increases agreement among the participants" (1984, p. 136) and also because it could reduce "burden of calculation" (1984, p. 136). Wildavsky went on to say that: "Clinging to last year's agreements is enormously economical of critical resources . . . which would be seriously depleted if all or most past agreements were reexamined yearly." (1984, p. 217).
The classical budgeting model proved efficient and practical for many decades but it lost its appeal in mid-20th century when a general trend towards excessive spending took over. This trend was observed all over the world and the main reason for the scope of government's responsibilities that had….
Public Administration and its Analysis
This is a paper on the concept and basis of Public Administration and the importance it holds in the field of management.
Defining the Breadth and Scope of Public Administration
In the early years of public administration was hailed as a strong and positive as a professional force for studying and putting into practice for the improvement and revamping of the administration of the federal, state and legislative government but also sure of the political and ethical authenticity of the field of public administration in performing that role.
In what is now known as the Classical period, the mind set of the people that were in the field of public administration were based on the resulting derivative of the theory and principles of values from the intellectual side of political science and, in the main part, from constitutional democratic theory. Woodrow Wilson is considered to be the academic….
Beacon College, as a small institution, has encountered problems regarding its overall governance standards and accounting oversight. The empirical facts suggest that the entire organization did not have a culture of challenge and innovation. This seems at odds with the overall mandate of the college however. As a liberal arts college, it is by definition innovative and challenging. However, the empirical facts suggest that management was satisfied with the status quo. In any organization, one individual should not have all the information pertaining to a critical subject. This creates information asymmetry where the individual can use their informational knowledge to direct action from others who do not have access to the information. This appears to be an early problem of Beacon College. The CFO did not divulge information in a transparent manner and as a result, the overall financial performance of the organization suffered. Management was unable to make….
Budgeting, particular during pressing economic periods, is critical to the overall solvency of public organizations. Budgeting and proper forecasting provides a means for organizations to remain viable irrespective of the economic circumstances prevailing. History has proven that businesses along with public enterprises must endure various economy cycles and environments. The past decade has provided substantial evidence as to the importance of proper budgeting. Organizations that have failed to budget properly have suffered immensely in regards to lost reputation, profit and productivity. The subsequent decade will be no different in that regard. Budgeting in the public domain, must provide adequate reassurance that the public organization can withstands a litany of economic and monetary circumstances (Parks, 1991)
A budget provides organizations financial priorities in dollar terms. Particular in recessions or depression, public budgets, when analyzed, provide an idea as to the organizations priorities. During periods of mass euphoria and over optimism, budgets tend….
Public Finance
Philosophy of public finance
All states must raise some sort of revenue to pay for the basic services it must offer to protect its citizens and provide them with needed services. The degree to which the state should act in such a supportive fashion may vary depending on the perspective of the individual but the notion that some state financing is needed for a nation to be functional is difficult to debate. Taxation is one of the primary methods through which the state extracts revenue. Although there are many different competing philosophies about the purpose of government financing, most would agree that the government can serve as an engine of growth if it allocates its assets in an appropriate manner.
One of the most influential texts defining a philosophy of public financing was that of ichard Musgrave's The Theory of Public Finance. Musgrave's (1959) text stressed that "normative goals of efficiency,….
S. debt.
Conclusion
Health care is a large part of the federal budget and it is increasing in importance. The rate of growth in health care outlays is greater than the rate of growth in the budget itself. The poses a problem, because the federal budget deficit is increasing in size. Debt service is going to be the most rapidly growing component of the federal budget over the next several years, highlighting the need to control costs in all aspects of the budget. The challenge, however, is that both demographic trends and health care cost inflation trends signal a dramatic increase in health care costs in the coming couple of decades. Health care reform is expected to help with cost containment, primarily through shifting some eligibility requirements, but greater solutions are required. Privatizing health care would take if off the government's books, but would have significant negative externalities with respect to public….
S. Government to make future or immediate monetary outlays. In the second subcomponent, the reporting and outlay phase lasts for the duration until the funds are canceled or until the funds are totally disbursed. One should note that these cancellations are in no way connected with cancellations that are connected with budget reductions. These are a separate congressional activity (ibid).
Sometimes spending adjustments are needed during the fiscal year. They may require special reporting and approval procedures by both Congress and OMB. In some instances, an agency can request supplemental funding by submitting a request to the Congress. Mostly, the departments and agencies are required to manage their funds according to their available resources and have only a limited monitoring by the OMB and the Congress during this particular phase of the budget process (Government Printing Office, 29-30).
hat is the effect of this system in theory as well as in practice?….
Transportation
public budgeting comparisons of the federal, state and local budget distributions. This thesis will be focused on whether or not the increased budget allocations for transportation in the…
Read Full Paper ❯Business - Management
This is because, the various goals and the costs of providing these services are directly tied to this protocol. Once this takes place, it means that there are…
Read Full Paper ❯Economics
City of Alameda Online Budget Challenge PRESS RELEASE FOR IMMEDIATE RELEASE City of Alameda Announces Series of Targeted Budget Cuts and Tax Increases to Balance 2013-14 Budget Faced with an impending budget deficit…
Read Full Paper ❯Business - Management
budget analyst guided by control concerns takes a more conservative view of the budget, and is likely to put forward conservative guidelines for the budget. These create a…
Read Full Paper ❯Economics
Fiscal Federalism To the Cato Institute: The Cato Institute policy statement on "Fiscal Federalism" is an excellent example of 'throwing the baby out with the bath water.' Yes, there may be…
Read Full Paper ❯Business
edo Match the following terms with the appropriate definition Purchasing Central purchasing Agent Lowest responsible bidder Standardization Specification Life-cycle costing Total-purchase costing Ordering costs Incremental costs Carrying costs Shortage costs Total desirable inventory Preventative maintenance Maintenance prevention isk control Security isk funding Insurance Total Cost Production manager assigned to…
Read Full Paper ❯Government - Fiscal Policy
Pressures Affecting Public BudgetAnalyzing Practical PressuresBudgets are never easy, but when it comes to the public sector there are additional pressures that can make the process even more challenging.…
Read Full Paper ❯Economics
The departmental and program breakdown of the information in the city of Detroit's budget does not provide quite the same level of detail or of annual change that…
Read Full Paper ❯Economics
.. discretion as a practical matter" (1988, p. 78). Wildavsky's was not critical of classical budgeting theory. He was more in favor of the concept of incrementalism that was a…
Read Full Paper ❯Business - Management
Public Administration and its Analysis This is a paper on the concept and basis of Public Administration and the importance it holds in the field of management. Defining the Breadth…
Read Full Paper ❯Business - Management
Beacon College, as a small institution, has encountered problems regarding its overall governance standards and accounting oversight. The empirical facts suggest that the entire organization did not have…
Read Full Paper ❯Economics
Budgeting, particular during pressing economic periods, is critical to the overall solvency of public organizations. Budgeting and proper forecasting provides a means for organizations to remain viable irrespective of…
Read Full Paper ❯Economics
Public Finance Philosophy of public finance All states must raise some sort of revenue to pay for the basic services it must offer to protect its citizens and provide them with…
Read Full Paper ❯Healthcare
S. debt. Conclusion Health care is a large part of the federal budget and it is increasing in importance. The rate of growth in health care outlays is greater than the…
Read Full Paper ❯Economics
S. Government to make future or immediate monetary outlays. In the second subcomponent, the reporting and outlay phase lasts for the duration until the funds are canceled or until…
Read Full Paper ❯