City of Alexandria, Virginia Budget Fiscal Year 2011 Essay

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.

In 1996 the city of Cleveland began a $750 million Plant Enhancement Program. The program’s goal was to renovate and modernize the city’s four water treatment facilities, which are among the 10 largest in the US, and were built in 1856; over 500 million gallons of water are pumped to Cleveland residents daily. In the following paper I attempt to provide with an overview of the Baldwin

The city of Phoenix uses a strategic plan to make decision at all levels of the organization and it emphasis the city’s efforts on its core businesses. Throughout the budget cycle, a strategic plan shows helpful in communicating, connecting and setting budget priorities. The priorities in the Phoenix Strategic Plan will support in distributing limited revenues or

5. How would you identify timescales, priorities and financial resources when preparing a budget? [2.3]

Working as the budget director for the mayor of the city of Kelsey, we have recently been getting numerous complaints from the citizens about an increase in crime and also an issue of the public demanding for more police officers. With the population of the city growing daily, the increase of crime is continuing to progress as well. The mayor has informed us that this past year is the highest increase in crime in the city’s history, that the federal government has reduced the federal pass-through money for the state and that the budgeting group needs to revamp the budget for the coming year. Within this document as the

On October 19, 2017, the Senate approved a budget that would aid Republican efforts to create tax cuts in a vote of 51-49. In essence, this budget would expand the federal deficit by 1.5 trillion dollars over a span of 10 years. According to Republicans, the intent of these tax cuts is to create more jobs as well as providing more income to Americans as a whole. However, many Democrats are starkly opposed to this budget because of how it will increase the federal deficit as well as reducing the potency of federal revenue provided by taxes. With the budget being approved by the Senate, it is now up to the House to adopt its version of the budget to officially make it into law.

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.

Every winter, I have fond memories of sitting around the Christmas tree, eagerly opening presents with my family, and walking downtown with my friends, with the brilliant lights in the trees and our footprints quickly being covered up again by the snow. Family and friends are the most precious things, especially around the holidays. But each year, I know, in the back of my mind, that there are countless families out there that are missing someone, a loved one, and a veteran. Maybe to suicide, to injury, or to one of the multitude of other health issues, both mental and physical, that many veterans carry with them wherever they go. I have always believed that supporting our veterans is a crucial part of our culture in the United States, and

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.

The Fairfax County’s Comprehensive Annual Financial Report for the fiscal year ended June 30, 2015, addressed to the county’s residents, presenting the county’s financial position and results of operations. The County’s financial statements included in this report conform to generally accepted accounting principles as laid out by the Governmental Accounting Standards Board (GASB). It has been audited as required by the Code of Virginia and received an unmodified opinion by the accounting firm KPMG LLP on November 16, 2015. The report presents a comprehensive picture of the reporting entity’s financial condition as well as it provides information of how funds are spent and allocated throughout the year.

After review of the City of Charlottesville 2010 Annual Comprehensive Plan, an analysis will be prepared. This paper will analyze the comparison of ratios. The measures of liquidity will be analyzed. This paper will also analyze the long-term solvency and the asset management rations for the agency.

Budgeting is the systematic method of allocating financial, physical, and human resources to achieve an organization’s strategic goals. Budgets are utilized by for-profit and non-profit organizations to monitor the progress towards the goals, assist in the control of spending, and help predict cash flow for the organization.

Budgets serve five main purposes; planning, facilitating communication and coordination, allocating resources, controlling profits and operations and evaluating performance and providing incentives. The budgeting process requires both technical and interpersonal leadership skills to achieve each of these purposes effectively. The director’s memo demonstrates several short comings in the budgeting process. The director instituted the “responsibility accounting system” as a means of evaluating performance. However, the DPW director has not consulted Sam in the budget process. Sam understands that his total expenditures are impacted by relatively unpredictable events that contribute to an uncontrollable element of his cost. The

Budget is the major financial and economic statement. The role of the budget is to keep track of the money coming in and the money going out. It is essential part of running any business effectively. It can help make a short and long term projections about financial situation, avert a financial crisis and plan for major financial changes.

* Finally, provide a third paragraph where you summarize the key points from your budget, including the planning horizon, the amount of up-front investment, the NPV, Payback and IRR of the project, as well as key figures from your income statement, cash flow statement, and balance sheet.