Oakland County Cafr Analysis

Based on the income statement and balance sheet, we can get the cash flow statement for year 2002, 2003 and the first quarter of 2004. From the cash flow, it is obviously see that the main use of fund is for operations, materials purchasing, wages payment, interest payment etc. While the source of fund is from financing, bank loan and trade notes payables.

Salaries and expenses collections are dedicated to implement SEC mission, functions and day-to-day operation in accordance with the congress established limits. Law categorizes excess collections in salaries and expenses categorized as non-budgetary fund managed by the treasury. Another budget resource in the form of funds from dedicated collections is the investor protection Fund. The fund is a dedicated collection that offers funding for whistleblower awards. This fund is financed by part of the monetary sanctions accrued by SEC in administrative and administrative actions by the SEC.

Intermountain has also benefitted from an AA+ bond rating which reduces their borrowing costs. It is critical that the organisation maintains a healthy financial performance so as to retain the rating. A lower rating would add to their financial pressure.

The financial health and welfare of Thurston County is dependent upon establishing and maintaining sound budgetary principles and strategies for implementation. These financial principles will govern the development and administration of budgets for all county offices and departments. The County is to prepare fiscal and capital budgets that are to be balanced to be able to forecasted, which are to be consistent with approved strategic goals and capital improvement goals. Each county office and department will periodically seek to use citizen feedback in the development of the internal strategic plans to develop the high priorities for Thurston County government. For each department, resources are made available that will remain aligned with the strategic planning and priorities developed with the public input. Thurston County will create and maintain a reserve for the general fund that is equal to one month of the budget annual expenditures. The reserve will serve the purpose of the financial stabilization account to safeguard against possible revenue shortages

The first assessment piece is labeled population and economic status. I obtained the majority of this information from the Kent County Health Department. Kent County is located in the middle of West Michigan in the Southern Peninsula. The population as of 2011 was totaled to 608,453. The majority of this population consisted of people between the ages of 15

There is a wonderful area in northern Oakland county, Michigan which sits in close proximity to main roads, has lots to offer, and is where more than 35,000 individuals call home. It has an outstanding school system and a good mix of family neighborhood subdivisions, land, and appealing older village homes. When taking into consideration communities in this area to call home for yourself, keep Lake Orion high ranking on your list!

Utilizing yearly goals as a means to strategically plan the future of the organization has been widely successful thus far. However, an organization as large as the county is lacking a strategic plan is a recipe for disaster is the future. Over the past ten years the net taxable value has increased by 27 billion or nearly 1/3rd of the current value (Collin County, 2013). Developing a strategic plan enhances better communications with those both inside and outside the organization. Further, providing a road map to show where the organization is going and how to get there.

Collin County does not have a clear strategic plan for the county in general. There are a few strategic plans that are current in the park district, but none have been implemented for the organization as a whole. Several capital improvement plans are in place to improve transportation in and around the county. Current capital project plans were implemented in 2007 and are still works in progress. The capital plans hint at the

There are several strategic options that need to be considered in order to fully address the

Knowledge of strategic planning, forecasting and budgeting is extremely important and influences most decisions made at my facility. These processes were well explained in this course. These determine everything from what services we provide to what kind of floor cleaner we purchase. In my case, we are tasked with providing safe care to patients. This means that much of the budget is spent on caregivers and regulatory compliance. We have to be careful where we spend money outside of these categories, as we are not allotted much. In my facility, when I have reached my budget for the year it is a time consuming and usually unsuccessful process to petition for more.

According to the consolidated balance sheet on January 30, 2010 (exhibit 1), the total amount of debt, including short-term and long-term debts and other current liabilities was at $16.814 billion. Account Payable is excluded from the WACC’s debt component because it is not a source of funding that comes from

Planned Strategy: The main feature of this strategy is that formal plans and precise and very

Instead of Industrial Revenue bonds, Harris Seafoods can use conventional bonds; which they are going to reduce de NPV.

Addition to the Governmental Funds or General Fund Vance County has one type Proprietary Funds - Enterprise Funds which are used to report the same functions presented as business-type activities in the government-wide financial statements. The County uses enterprise funds to account for its water activity and for its solid waste management operations (Department, June 30, 2015). The County’s proprietary funds provide the same type of information found in the government-wide statements but in more detail. Total net position of the Solid Waste Fund at the end of the fiscal year was $751,736, and for the Water Fund equaled $1,662,088. The change in net position before prior period adjustments for the Solid Waste Fund was $20,513 while the change in net position before prior period adjustments for the Water Fund was $1,610,863 (Department, June 30, 2015). Granville County has two types of Proprietary Funds Enterprise Fund which is very similar to Vance County except in Granville County their unrestricted net position of the Solid Waste Fund equaled $(7,658,465) (Department, June 30, 2015). The total net position for all proprietary funds is $(1,948,415). The total change in net position for the proprietary funds was a decrease of $103,579 (Department, June 30, 2015). This change in net position primarily results from decreased non-current liabilities for post closure care costs resulting from legislative changes and increased personnel costs.

Per John M. Bryson, strategic planning, if properly conducted, can help the leaders and managers of public and non-profit organizations think, learn and act tactically. Strategic planning enables organizational leaders and managers to first identify their organization’s mission and/or purpose. Thereafter, the planning process permits these leaders to pinpoint the actions and activities that will enable the organization to achieve its mission. Finally, the planning process requires the organizational leaders to synthesize objectives and activities into a blueprint or concrete plan of action under which the organization will conduct its business.