Budget Analysis Of The City Of Morristown, TN Budget Evaluation

have evaluated the City of Haltom’s Annual Budget for Fiscal 2016 budget using the Government Finance Officers Association (GFOA) recommended budget practices. The Annual Budget was reviewed under four major categories which are as follows: policy document, financial plan, operations guide, and communication device. Using the GFOA awards scale my rating of the budget for each individual category and the budget as a whole is a 4 (outstanding). The City of Haltom has received the GFOA Certificate of Achievement for fiscal years 1987-2014. The budgets prepared for submission have been recognized with the GFOA Distinguished Budget award annually since 1989 with exception of one year. The City continues to participate successfully in these two programs and follow mandatory and non-mandatory guidelines of the GFOA. The City of Haltom Budget is very transparent and provides a great deal of information to its citizens whom the city views at the top of the organizational chart for the city. The City’s budget for FY2016 appears to continue to conform to the GFOA program requirements and upon submission of their budget I have no doubt their budget for FY 2016 will receive a GFOA Distinguished Budget award.

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.

The Bloomingdale Georgia organizational chart starts with the voters and cascades downward to City Council, Committees, and City Administrator. Under the City Administrator are Police, Fire, Public Works, City Hall and Finance, Recreation, Code Enforcement and Planning and Zoning.

There are some positive outcomes from keeping the current health care plan or negotiating an increase in wages to offset the cost. The

On March 1, 2013, the Governor of Michigan determined that the City of Detroit was in the midst of a major financial crisis (City of Detroit, 2017). On March 14, 2013, Kevyn D. Orr was named the Emergency Financial Manager for Detroit pursuant to Emergency Municipal Loan Act (City of Detroit, 2017). On July 18, 2013 Orr filed for Chapter 9 bankruptcy on behalf of the City of Detroit (City of Detroit, 2017). The bankruptcy action was approved and became effective on December 10, 2014 (City of Detroit, 2017). When the order went into effect on December 10, Orr resigned his position and budget control was returned to the city of Detroit (City of Detroit, 2017).

Abstract: The rises of health cost have put strains on State, Federal and employers budgets and have severely hurt US families’ income in recent years. An analysis of State health policy by the federal government projects that premiums for insurance for employer based programs will increase from 12,298 in 2008 to 23,842 by 2020. This would be a 94% increase in insurance cost. It is projected that health reforms by the federal government will help states reign in health cost and slow the growth by 1% in all states by 2020. This would save $2571 per year per

Of the money gathered by the state, almost 1 billion dollars is sent to other state agencies (such as the Department of Public Safety, Education, and other state colleges and state parks).3 This money is regulated by the state government to go to these other agencies, which detracts from the department of transportation’s ability to handle road maintenance. So, even before taking into account the increases due to inflation, the budget of TxDOT is decreased by $1 billion dollars (almost half of which goes to the state’s educational system).

activities? Which function or program has the highest net cost? What kinds of general revenues are available to cover the net cost of governmental activities?

It is argued that the administration of municipal budgets is often shaped by the economic ideologies of the country (Brenner and Theodore, 2002, 351); in the case of Toronto, the city’s operating and capital budgets are managed through neoliberal policies and practices. Although the city embraces mandatory balanced budgets, it has continuously accumulated capital debt over the years which is important since it has led to a decrease in the level of investments into programs and agencies. Toronto’s high debt can also be a burden for Ontario since the municipality is an agent for its provincial government. Accordingly, this paper argues that Toronto’s budget is not sufficient in meeting the needs of the city because its administration reinforces

Following the Department of Police is the Fire Department, with a budget of $.5 billion. Being the city’s largest department by more than double the next largest department appears to have an effect on the annual budgeting process. Over the past three annual budgets (years 2014, 2015, and 2016), the Department of Police has been approved a budget larger than the recommended departmental budget; growing nearly $100 million dollars over the three-year period (Exhibit 2). During this period of time, the Department of Public Health experienced a decrease in allocations two of the last three years and has an annual budget $5 million dollars lower for 2016 than in

In 2013, annual premiums for individual coverage averaged $5,884 and $16,351 for family coverage. This equated to workers spending $83/month for individual coverage and $380/month for family coverage (Majerol et al., 2015). Despite the significant cost of health insurance for individuals and their families, the cost of coverage offered was not linked to favorable health outcomes. This begs the question: was it worth it for workers to spend their limited financial resources on health care coverage?

They created a system with numerous taxes and fees that affect every part of human life, so even when somebody buys a little sandwich, some amount of money also goes to the budget. This system of taxes and fees was created with the early establishment of the country and develops from year to year. Sometimes when the government needs more money to spend, they just create an additional tax that will raise enough money. According to the National Priorities Project (NPP), the federal government raises trillions of dollars in tax revenue each year, and for example, during the 2015 fiscal year, the government earned $3.18 trillion. So, the main sources of American budget are taxes and other fees, but they also differ from each other. According to the National Priorities Project (NPP), the three main types of taxes are, income taxes paid by individuals, payroll taxes paid jointly by workers and employers, and corporate income taxes paid by businesses. Between these three types of taxes, the income taxes play the biggest role (near 50%), so it is clear that national budget is formed by ordinary citizens who pay their taxes. Some of the citizens are not satisfied with such distribution and believes, that corporations and business owners should play the biggest role in taxation, while ordinary citizens should pay lower taxes. Despite this controversy, the modern taxation system was formed many years ago, and nowadays it performs well, so there is no direct reason to change

The city manager has been tasked with making a recommendation, to the city council and constituents, on the best and most feasible usage of the small mid-western city’s one million dollar surplus. Retailers would like to attract business and the police department would like to take measures to address the city’s crime rates.

Some of the most costly are social housing, long term care/housing, fire and police services. While some of these downloads were introduced as revenue neutral and often were not accompanied with funding and contributed to the escalating debt for municipalities. In the early 1990's the NDP's cut annual funding for social services, which affected everyone but in the late 1990's the PC's severely cut funding for transit programs, which only affected some. I believe many municipalities would much rather be advised how to spend grant monies rather than lose access to same.

The unexpended and unencumbered funds for Gallatin, in the 2015 fiscal year, is also significant when looking at the total revenue of the budget. After receiving just over $28 million in 2013, the 2014 budget estimated unexpended appropriations of over $32 million, and yet only proposed $28,882,108 for 2015. Some of the subcategories included are parks and recreation, debt services, and public works, but the highest producing subdivision is public safety, which contributed $11 million dollars in appropriations in 2013. The 2015 proposal for public safety is just a little of $12 million (2014-2015