Budget Management Techniques for the City of Kelsey

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Introduction The City of Kelsey is a mid-sized town in the United States. It has a population of 625,000, and is a small, business-friendly environment. There are some colleges such as Northwest Valley Community College within the city. It situated around phoenix area in the state of Arizona (Phoenix, 2008). It's approximated to have community of 625,233 located primarily in an agricultural area which is earthly friendly. Majority of the community are people age between 15 and 54 years, with high school diploma, and annual salary of 35,000 or less per year, but the larger majority are living under the poverty level (U.S. Census, 2000). The city had experienced several movements before, to begin with, movements such as women movement who wanted to vote and employee movement in the city. Therefore, the women were granted right to vote in the city and several employees of Houston were allowed to join the movement of employees ('Lynne Kathie, 2009). However, budget management is a tool which forces the management to look ahead, to set out detailed plans for achieving the target for each department and operations. Therefore, the following techniques should be used to manage the budget that is set good budget in the first place, Monitor expenditure and identify patterns, assess the financial consequences of trends and new actions, identify reduction strategies and keep the foot on the brake to monitor over spending (MW Dirsmith, 2008). In addition, the organization can use

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