Attached are my assignments for this week. Please follow instructions all the way through and give the best work you can. If there are any questions or you cannot open links or pdf. please let me know

Read This Week

The Basics of Public Budgeting and Financial Management

• Chapter 1: The Context of Public Sector Budgets 

• Chapter 7: Financial Management

M1D1: Public vs. Private

ASSIGNMENTS:

PDF version attached for this module “Let’s Talk”

Let's engage in some dialogue. It's one thing to read about a topic. But, in order to learn, we need to think, write, and talk about the topic. We've combined the interactive presentation above with a discussion so that you may jot down your thoughts, insights, questions, etc. as you read. The discussion prompts for you to respond to are preceded by a slide titled "Talk About It." Immediately following this slide, please respond to those discussion questions. There may be more than one prompt in each Sway.

Within the notes, you'll find guiding questions, articles, and videos to help spark the conversations. To start the course off, let's talk about the differences between public and private budgets. Let's also explore the implications of federal budget differences on the general public. To earn maximum points, be sure to review the discussion guide and the discussion criteria links below.

Help with opening links.

Articles

• Why Governments Should Invest in Accrual Accounting (Links to an external site.)

• Performance Budgeting in Municipal Government (Links to an external site.)

• Rewarding Greater Accountability with Increased Managerial Flexibility in Davidson County (Links to an external site.)

• Budget-Based Organization of Internal Control (Links to an external site.)

Videos

Performance Budget with Tim Kadlec (4:17 mins) (Links to an external site.)
Closed-captioned

Government Budget Formats (2:59 mins)

Revenue and
Expenditures

What are they?
How do they impact the budget?

As we engage in the conversation on the content of a budget, there should be similar themes in a budget structure and therefore identifying some of the key funds should be simple. I have provided a link to the Urban Institute (Links to an external site.), in which budget revenue and expenditures are highlighted. As you analyze the general funds that make up the revenue for states and compare them to those funds that make up the local government, note the differences or similarities (for example: state government receives a greater percentage of sales tax than local government or the significance of spending for healthcare and law enforcement on a local versus state level).

Review the revenue and expenditures that impact state and local government discussed on the Urban Institute (Links to an external site.) website.

https://www.urban.org/policy-centers/cross-center-initiatives/state-and-local-finance-initiative/state-and-local-backgrounders/state-and-local-revenues

Identify:

• two (2) revenue

• two (2) expenditures 

• explain what they are and how they impact the budget

This should be a 3-5 page paper that reflects your understanding of the income and expenses of a state and local government and what impact these funds have on the operation of government offices. Please use the text and any additional readings to support your understanding.

The Executive

Summary

A compelling story

An Executive Summary is a brief but pointed component of the budget proposal. Often in a grant, you will find the Executive Summary is a letter from a leading public official attesting to their support of the program. In a city or state budget, the summary is the place where spending is explained to ensure the public is aware of the vision and mission of the officials entrusted with public funds. Please read Menifield’s section on “Reading a Budget” which can be found on page 8 of your textbook.

The good and bad of Executive Summaries can be found by viewing those at UniLearning Report Writing  (Links to an external site.)or by visiting the University of Maryland's Writing Center (Links to an external site.).

https://unilearning.uow.edu.au/report/4bi1.html

http://polaris.umuc.edu/ewc/web/exec_summary.html

To begin this assignment, think about a program you strongly believe in or resources your department needs and is lacking; you need to tell the story (Executive Summary) that compels leadership to garner support. Then, locate an executive summary, does it say what you need it to say for you to enable a clear vision of an issue? How would you improve upon the executive summary? Which portions of the executive summary do you like, which do you not like? What do you envision your executive summary to look like?

Every one of us is impacted by a budget in some way every day. How do these budgets affect you and those around you? In your specific organization, who has a vested interest in the budget? How do they impact budgeting decisions?

Post a link or document here. 

Reflection Criteria