Analysis Of 2014 / 2015 Annual Budget

As the newly promoted director of student achievement for Washington, D.C Public Schools, I am fully committed to the expansion of current program offerings as well as the creation of additional programs. To achieve this, I will make use of the principles learned in my graduate budgeting course to assess the current financial situation, plan the department’s future direction, create and implement the new annual budget, and lastly, evaluate the success of the programs and the budget in preparation of repeating these steps.

This category includes: Natural Resources and Environment, NASA, Energy, FBI, and National Park Service. National resources and environment, energy, and the FBI all play a vast role in supporting the nation’s preamble by ensuring the general welfare of the people and providing common defense. That leaves NASA and the National Park Service, and seeing as the national park service receives the smallest amount out of all the categories as is, it seems illogical that any money be taken from there. It is rather alarming; however, that NASA is receiving the second largest amount of money of the five in the little guys. As cool as NASA is, it isn’t a necessity for the country, and the money could probably be way better spent. The changes I would make to the little guys would be to cut NASA’s budget and either give the money to the FBI or the education

The budget for the city of San Clemente has received the Distinguished Budget Presentation Awards from the Government Finance Officers Association for the past 17 years. Not surprisingly, considering those honors, the city's budget is organized in a manner largely consistent with the guidelines we have learned in this course.

Some would say that the government is not correctly dividing the budget the correctly and that some modifications could be made. The Big Five is one of the three clusters that need adjustments. With the budget, the government is able to give support to families to meet the necessary

15. What are your thoughts of the importance of understanding the per patient day (PPD)

The general fund type consists of general revenue and general services. The special revenue fund type consisted of higher education improvement, cultural facilities building, and Clean Ohio Conservation Program. Next, the capital projects fund type consisted of: mental health facilities improvement, parks and recreation improvement, administrative building, and juvenile correctional building. The enterprise fund type consisted of: liquor control, state lottery, and workers’ compensation. Finally, the agency fund type consisted of: agency, accrued leave liability, and volunteer fire fighters’ dependents. The totals for each of the fund types are: general government ($1,015,491 for adjusted appropriations (aa) $875,7998 for total committed appropriations (tca), $139,693 for uncommitted appropriations (ua), and $888,605 for budgetary expenditures (be); total community and economic development fund: $2,042,882 for adjusted (aa), $1,374,832 for total committed, $668,050 for uncommitted, and $1,250,961 for expenditures; total local government support and tax relief fund: $4,110,991 for adjusted, $3,943,201 for total committed, $167,790 for uncommitted, and $3,943,201 for expenditures; capital outlay fund: $1,133,362 for adjusted, $446,471 for total committed, $686,891 for uncommitted,

When it comes to public finances in Texas, there must be a budget before any spending can occur. There are five broad categories when it comes to the Texas budget. General revenues fund budget is the prime operating fund for the state and a nondedicated income account. This is where the majority of the state fees and taxes circulate. Some educational funds, the Foundation School Fund, the Available School Fund, and the State Textbook Fund, are also included in this budget. The general revenue-dedicated funds budget incorporates funds committed to specific objectives. “These include such funds as the State Parks Account and the college operating accounts (which hold tuition funds.).” “(313)”. The federal funds budget includes payments, reimbursements, and grants collected from the federal government by Texas institutions and agencies. The other funds budget comprises of all funds that aren’t included in other budgets. These funds include revenue in some education accounts, trust funds, State Highway funds, etc. Lastly, there is the all funds budget, which accumulates all of the budgets before into the state spending and treasury.

The 2014‑15 Budget is part of the Government’s Economic Action Approach to repair the budget and build a strong and prosperous economy within the next few years. The substantial savings decisions in this Budget put Australia back on track to a sustainable and responsible budget position. The Government economic objectives are to provide for Australia; full employment, economic growth, external stability and income equality.

Overall Spending Levels: Cut $929B by freezing discretionary spending (Federal Budget Challenge 2015). Arguments that helped to make this decision were that families are tightening their spending so the federal government should be doing the same. Also, that activities that this money provided can be obtained in the private

The federal government and states each have budgets that outline the amount of money that will be collected from taxes, how much will be spent in revenues, and what programs will receive money allocated to them from these expenditures. Every fiscal year, the federal budget and state budgets are reset so that they start from October 1st until the end of September of the following year. The federal government’s budget contains allocations for health care, pensions, education, defense, and welfare. The State of Colorado’s budget contains expenditures allocated to education, health care, pensions, protection, transport, and welfare (Chantrill, 2015). The

As mentioned by Thompson (2010), in the Associated Press, “Lawmakers bridged a $19 billion shortfall, more than 20 percent of the $87.5 billion general fund spending plan”. This shows that the state was heading towards a financial crisis and more deficit creation. Moreover, Thompson (2010), in the Associated Press also points out that “It includes no tax or fee increases but uses a combination of cuts, funding shifts, delayed corporate tax breaks and assumptions about money the state hopes to receive”. The budget gave rise to other dependent costs such as delayed tax refunds. It was uncertain that the State will receive the required funds from the federal government to ensure that the important programs will function the way it used to be until the funds are received.

Breakfast =$3, Gas+ $24, Lunch= $8, Pharmacy expenses = $12, Dinner +$10. Total = $67

● The county collected $4 million in SPLOST revenues in FY 2016. $3.5 million was spent during 2016 for various SPLOST-approved projects.

A company's budget serves as a guideline in planning and committing costs in order to meet tactical and strategic goals. Tactical goals such as providing budgetary costs for daily operations, and strategic objectives that include R&D, production, marketing, and distribution are all part of the budgeting process. Serving as a guideline rather than being set in stone, the budget is a snapshot of manager's "best thinking at the time it is prepared." (Marshall, 2003, p.496) The budget is a method in which to reign-in discretionary spending, and will likely show variances between what costs have been anticipated and what costs are actually incurred.

The Government Finance Officers Association (GFOA) budget criteria framework covers 27 budgeting categories and was launched in 1984 to encourage the preparation of high quality budgets (Bland, 211). The following memo evaluates the budget of the City of Lake Oswego using GFOA’s Distinguished Budget Presentation Awards Criteria, and also compares it to the budget of the City of Detroit.