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

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Running Head: BUDGET ALLOCATION Budget Allocation Introduction Major Paul Allen is an elected public official of a city with a population of between 50,000 and 250,000. To assist a newly elected Major with economic and strategic development of the city, a city manager allocates $10 Million budget to the city council. The city council could qualify for the 100% federal matching funding if Major meets the federal standards. The objective of this paper is to provide the proposed expenditure plan for the city. The paper allocates the budget based on the city priority needs, and the budget allocation is to implement the project to support the operational requirements, capital requirements as well as using the budget for the economic incentive to enhance private investment within the city. Table 1: Budget Plan Program Fund Allocation Alternative Heathcare model $2 Million Economic Incentive for Private Concern $3.5 Million Supporting Capital Requirements $2.5 Million Legal $1.5 Million Reinforcement of Knowledge as a Strategic Planning $1.5 Million Total $10 Million Proposed Expenditure Plan The main goal of the city council is maintain the short-term and long-term sustainable development. Typically, the major priority of the city council is to provide value for the community and upgrade the value of the whole population. The core Major's responsibility is to allocate the fund to assist private investment as well as enhancing the economic and

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