MPA 543 Week 6 Tax Revenues Policy Memo and Presentation The Director of Budget and Finance has asked you to prepare a policy memo and a presentation to the Kelsey City Council to explain and forecast the major sources of Kelsey’s tax revenue for the upcoming year. Resource: City of Kelsey Virtual Organization Access the Virtual Organizations government portal from the student website. Click the City of Kelsey seal and choose the City Government tab at the top of the page. Review the Kelsey Profile and the Kelsey Comprehensive Annual Financial Report June 2005. Write a 1,050- to 1,400-word policy memo in which you do the following: Explain and define both correlation analysis and regression analysis. Use a correlation analysis to explain and a regression analysis to forecast the three major sources of Kelsey’s tax revenue for the upcoming year. Include and interpret your calculations. Provide any cautionary statements you believe given the analyses’ findings. Note: Use the city’s historical data on population as the independent variable and its major tax revenue receipts as the dependent variables for these analyses. Prepare a 10- to 12-slide Microsoft® PowerPoint® presentation to the Kelsey City Council based on the information in the policy memo. Format your policy memo and presentation consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.
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