Scenario for Assignments 1-5 For Assignments 1-5, you will take on the role of a budget analyst for a local government agency. The first role of the budget analyst is to become familiarwith the agency, the budget, programs, and capital projects. Select any local<\/p>\n
(city) government (e.g., Oklahoma City). To locate your agency\u2019s budget, you can either conduct a Google search on the word \u201cOklahoma City Financial Plan\u201d or you can locate the information on the local government\u2019s Website. As a budget analyst, you will be responsible for analyzing, examining, proposing, and preparing the agency\u2019s budget for the next five (5) years.<\/p>\n
Note: Students cannot use New York City as a selected local government<\/p>\n
Assignment 1: The Operating Budget Due Week 4 and worth 250 points<\/p>\n
Write a four to five (4-5) page paper, titled Part I: The Operating Budget for the (Selected Agency) in which you separate the content into sections:<\/p>\n
1.Provide background information about the agency, mission, goals, objectives, departments, and strategic plan. (Title this section Introduction.) 2.Describe the budget of the agency by addressing the following items: (Title this section Budget Overview.) 1.Financial Summary, including Revenue and Expenditures 2.Department Budgets 3.Funding 4.Capital Projects 5.Debt Administration 3.Perform a Cost Analysis. (Title this section Cost Analysis.) The costs should include the following: 1.Fixed Costs 2.Step-fixed Costs 3.Variable Costs 4.<\/p>\n
Identify and explain one to two (1-2) challenges you will have in managing the budget. (Title this section Budget Challenges.) 5.Recommend two to three (2-3)strategies the agency should review regarding new initiatives and budget cuts over the next five (5) years.(Title this section Budget Recommendations.) 6.Include the agency\u2019s most recent budget or financial plan. 7.Provide the agency\u2019s Website name, URL, and any other sources used to support the assignment\u2019s criteria. Your assignment must follow these formatting requirements:<\/p>\n
\u2022Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA. Check with your professor for any additional instructions.<\/p>\n
\u2022Include a cover page containing the title of the assignment, the student\u2019s name, the professor\u2019s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are:<\/p>\n
\u2022Analyze the basic skills and tools needed for budgeting for public sector agencies and \/ or departments. \u2022Recommend appropriate policy actions based on the evaluation. \u2022Evaluate a budgeting system at any governmental level.<\/p>\n
\u2022Analyze the scope and sequence of budgeting in terms of sources of revenues, purpose of government expenditures, budget cycles, budget preparation, and debt administration. \u2022Examine the process and components of preparing a viable operating budget. \u2022Prepare a preliminary budgeting system for presentation before Congress, state \/ local government, or other organization. \u2022Use technology and information resources to research issues in public budgeting and finance. \u2022Write clearly and concisely about public budgeting and finance using proper writing mechanics.<\/p>\n","protected":false},"excerpt":{"rendered":"
Scenario for Assignments 1-5 For Assignments 1-5, you will take on the role of a budget analyst for a local government agency. The first role of the budget analyst is to become familiarwith the agency, the budget, programs, and capital Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-147922","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/147922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=147922"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/147922\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=147922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=147922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=147922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}