Budget Informative Research Paper

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.

money for both school and states, because school can cut down the number of teachers to hire and

When working as an athletic director in today’s budget crazy world, you are bound to face a cut at least once in your career; this is what Rebecca Jones is facing. The Division I FCS institution that she works for just informed her that they are cutting the athletic department's $25 million budget by 10%, or $2.5 million. The day after she found out about the cuts, she walked into her office to find three coaches waiting to talk to her about their concerns for the future of their teams. The first coach was the men’s soccer coach; he was concerned that his sport was too low profile and easily expendable. The second coach was the men’s swimming coach; his program is successful, but the pool needs upgrades. The third coach was the women’s volleyball

The stereotypes that surround the poor and the homeless construct a false sense of self- deprivation onto the individuals who struggle financially within the United States of America. While constructing a budget that was within the financial limitation of the exercise, I grasped a better understanding of the true cost of financial liberties that most people who do not fall into the poverty category take for granted. The most difficult area was finding a living space that could house the theoretical family. Ultimately, I selected a rental property with two bedrooms because it was simply not a financial possibility to find a three-bedroom property within the budget. Even with the cheapest apartment I could possibly find, the cost of the rent was over half of the monthly income, and

The National Conference of State Legislatures said, “School budget crunches have been a trend over the past couple years and span the entire nation” (qtd. in Van

This research paper is a brief discussion of budget management analysis. Budgeting is the key to financial management, and is the key to translates an organization goals or plan into money. Budgeting is a rough estimate of how much a company will need to get their work done, and provides the basis for evaluating performance, a source of motivation, coordinating business activities, a tool for management communication and instructions to employees. Without a budget an organization would be like a driver, driving blinded without instructions or any sense of direction, that’s how important a budget is to every organization and individual likewise (Clark, 2005).

In the article “The New Normal” by David Brooks, he states that there are many issues involving the national budget that need to be addressed. Brooks first exclaims that in order to begin to solve the issues, the citizens of the nation need to make it so that everyone is affected by the different cuts. Not just one group of people. The author also states that we need to trim from the elderly to invest in the young considering many schools and their programs are experiencing sizable budget cuts due to lack of funding. The final law that Brooks discussed was that government officials should, under no condition, cut without an evaluation process.

Since Florida MIS is relatively small business focusing in part of the Tampa area the budget can still be considered low. Until the time that Florida MIS expands the budget can be kept at a minimum. To determine the budget for structuring the social media platform there needs to be budgeting in salaries, system tools, and networking.

This budget contains grants, reimbursements from schools, and payments that is from schools. $72.9 billion was set aside for public and higher education institutions. Most of the money is difficult to get if it is for a project that it was not intended for. Since the legislature cannot take money out of these two accounts when they would like, they just cut the budget. This is to give them more wiggle room in other areas that they would like to see the budget go to. There is a cycle that can be seen throughout the government. If the state wants money they need to spend what they have in order to receive federal

How does the Illinois State Budget Impasse compare with those of other states in the nation? Every year governors on the state level and the president on the national level propose a fiscal budget for the following fiscal year they believe will best strategically and responsibly allocate funding to various programs and departments to best serve their constituents. The federal fiscal year spans from October 1- September 30th (the following calendar year) and the state fiscal year spans from July 1-June 30 (the following calendar year) for nearly all states, except for the four states which mirror the federal fiscal year. Like the president and governors, Congress and individual state legislatures/General Assemblies propose their own budget they

One of the important drawbacks of the budget was the cuts and delays in education funding. As published in the article “California lawmakers pass long-overdue budget” (2010), by Fox News “Under the deal, nearly $2 billion in payments to K-12 schools and California's community colleges would be delayed until the next fiscal year”. This was one of the consequences of the late deficit budget, which lawmakers agreed upon. Stopping payments to educational institutions was not seen as a positive feature of the budget. The delay in funding kept the educational programs on hold, which affected many educational

Lately in the news, there has been talk about budget and money crises; these problems have been in many states and most recently in Washington D.C and Wisconsin. Governor of Wisconsin Scott Walker has decided to address these budget predicaments by sharply curtailing the Wisconsin public sector workers collective bargaining rights. The reaction from people in Wisconsin has been mostly negative. However, Governor Walker was right in making cuts in the pay of public sector workers and taking away their right to collective bargaining to help pay off the budget. The state has a $137 million deficit, so curtailing collective bargaining rights will save the state $30 million in the current budget, which ends June first.

Personal Budget Exercise – Excel Creating a spreadsheet track personal business expenses is an excellent use of Microsoft Excel. For this exercise, you will create a spreadsheet to enter a personal budget and track actual expenses for the year. You may choose to use real data or create a fictitious budget using a monthly income amount of $2,500. Here are suggested budget categories if you are not using a real budget. At a minimum, you must have 9 budget categories: Housing (mortgage or rent) Utilities Car payment Insurance Student Loans Food Misc. Entertainment Gas Savings

The state of Louisiana and DHH has recently experienced changes in executive and other upper leadership, as well as the adoption of a new governor, which is currently impacting organizational performance as a whole. There is a continued and historic state billion-dollars budget deficit, which has resulted in an executive branch order of a hiring and expenditure freeze across state government agencies. The order freezes spending on travel, operating services, supplies, professional services, acquisitions, and major repairs. The order also includes a list of “essential” exemptions of the state government and positions in which are one hundred percent funded by grants. The cuts are to introduce measures to stabilize the state budget with varying proposals to fix the state of Louisiana’s historic budget deficit. This freeze and upcoming

Budgetary control is part of overall organisation control and is concerned primarily with the control of performance. The use of budgetary control in performance management has of late taken on greater importance especially as a more integrative control mechanism for the organisation. Discuss.