Allocating a Budget Plan: Project Implementation for Economic and Strategic Development of the City

Working as the budget director for the mayor of the city of Kelsey, we have recently been getting numerous complaints from the citizens about an increase in crime and also an issue of the public demanding for more police officers. With the population of the city growing daily, the increase of crime is continuing to progress as well. The mayor has informed us that this past year is the highest increase in crime in the city’s history, that the federal government has reduced the federal pass-through money for the state and that the budgeting group needs to revamp the budget for the coming year. Within this document as the

Capital planning and budgeting is a very vital piece in the Public Budgeting System process. It is an essential implement in the financial management practice and is effective in both public and private organizations. It is the method which consists of the determination and the evaluation of the investments and the possible expenses by an organization. As explicate by Lee, Johnson, & Joyce (2008), capital budgets help in determining how much of each form of investment is needed, and it supports an organization in assessing the available revenue which includes loans is required to finance those investments (p. 475). Capital budgeting is a central part of the universal

By creating a budget this facility will be better prepared in knowing how much money they spend and

Although the city itself takes on great proportions I chose to review its budgeting systems for this course

This paper will analyse the 2013/14 Fiscal budgets the City of Ukiah and California City. I will attempt to examine the similarities and differences of both these cites revenue and expenditure line items in their budgets. The cities are similar in that they generate revenue from many of the same resources and they have similar expenditures in their annual fiscal budget. However, the cities budgets strategies are different because both these cities demographics, social, economic, political platform, and historical characteristics guide both cities elected official’s decisions during the budget process.

Analyze the scope and sequence of budgeting in terms of sources of revenues, purpose of government expenditures, budget cycles, budget preparation, and debt administration.

In conclusion, many factors that influence the approvals and denials of projects and a financial plan will present a clear picture of the budget needed to cover the expenses. The expenses are for the construction

Throughout the history of the American public education, lots of problems have emerged but with some effort from enlightened men and the federal government they were successfully solved. However, one of those problems that proved to be intractable over the years despite the many solutions proposed for it was and still is the income achievement gap. Professor Sean R. Reardon, a Professor of Education and Sociology at Stanford University, showed the inevitable relationship between parental income and the academic achievement of students. The income achievement gap as he defined it is “… the academic performance difference due to … income difference between a child from a family at the 90th

The amount of money that can be borrowed has many entities and factors that influence the capital budget of the hospital (Cleverly, Song, & Cleverly). The Allen Pavilion of NY Presbyterian Hospital (NYPH) is projecting that the purchase of an MRI machine for their facility will be a venture worth pursuing. The growth and demand of the small community of Inwood NY currently is transported or sent to other facilities or to the downtown campus Milstein. This increase in demand has taken over the capacity of what the Milstein campus can efficiently serve. The small community pavilion serving this

a. Describe valid funding source and justification for how the program plan meets the requirements of the grant

The Land Banking policy contributes heavily to the County 's Planned-Programming Budget Systems. (PPBS), a type of budgeting that stresses the use of analytical techniques to improve policy-making. the format that comes closest to rational budget decision-making. The PPBS takes organizational goals and break them down into specific objectives and group similar activities into programs that relate to each other. An example is the protection of persons and property. Other policy recommendations is the continuing use of the Revenue Systems.

Per ADA regulations, the city must update three municipal buildings to be handicapped accessible. The expected cost of this project is $450,030. To prepare for this capital project, limited funds from the fund balance were used from the fiscal year. After FY2016, there will be a remaining $712,715.36 in the fund balance. It is proposed that the city council use a portion of this fund balance to finance the accessibility project, and go as far setting aside the funds in a capital reserve fund. This would leave a remaining $262,685.36 from the previous year fund balance. In the future, the city should allocated funds from property and sales tax revenues for select capital

Allocation of resources is one of the most challenging pieces of the budget process that a superintendent must take into consideration. In light of the pressure placed on a district leader to get results, failure to move the student achievement agenda can lead to certain demise. “However, accountability is a broader construct than the computation of student performance, including aspects of responsibility, authority, evaluation, and control, and must be constructed in relation to both internal and external communities” (Johnson & Kruse, 2009, p. 189). This process of balancing limited resources and accountability becomes increasingly complex when one must stay true to the vision they set for the district. It is essential that the district

When it comes municipal economic development policy, public officials pursue policies that will improve the economic position and financial stability or prosperity of their city. Economic policy at the sub-national level is often nonpartisan because these types of governments do not take on redistributive or allocation policy. Rather, they take on economic policies that most everyone agrees upon such as creating jobs or bringing in new tax revenue. (Kogan, 2014) These policymakers main focus will aim to increase revenue flows as well as the creation of jobs. When it comes to economic development, cities want to attract new businesses. With new businesses comes an increase in revenue via tax revenue. These new businesses also bring with them new jobs. When there are new jobs, there is a reduction in unemployment and poverty.

For instance, the concept of cost estimation which assists in estimating future expenditure as the expenditure depends on the cost of the respective activities can be applied in the setting of a budget which is simply an estimate and schedule of all costs required to be assigned to an activity. One can make an estimation of the resources required for an activity by applying the cost estimation techniques. Since there are limiting factors to each activity such as scarcity of resources for activities, the concept of constraints can be applied together with the concept of cost volume profit analysis to ensure that maximum benefits are driven from the scarce resources and the number of activities that are available. This facilitates the allocation of resources that most equitable and profitable. The theory of constraints is also applicable in the process of setting up budgets. In setting up budget one considers the amount of resources that are available and cannot therefore set a budget plan that exceeds the amount of resources that are available. This implies that the budget is constrained by the amount of