CASE STUDY You are a municipal budget analyst. Using your favorite search engine, locate the budget of a municipality that has completed a petition to file bankruptcy. Some examples include Detroit, M

CASE STUDY

You are a municipal budget analyst. Using your favorite search engine, locate the budget of a municipality that has completed a petition to file bankruptcy. Some examples include Detroit, Michigan; Stockton, California; Central Falls, Rhode Island;                   San Bernardino, California; Prichard, Alabama; and Vallejo, California.

Develop your case study findings and recommendations consisting of no less than 500 words in which you discuss the following:

• Briefly describe the municipality’s demographics.
• Evaluate the previous three-year trend of the municipality’s major revenue sources and expenditures.
• Analyze the impact of the issues contributing to the municipality’s budget deficiencies.
• Propose three alternative financing options
• TEXT BOOK Hyman, D. N. (2014). Public finance: A contemporary application of theory to policy (11th ed.). Cengage Learning. https://online.vitalsource.com/#/books/9781305474253