Watch the video below titled "NASBO The State Budget Process" (6 min 01 s).
Video Source: National Association of State Budget Officers (NASBO). (2013, May 20). "NASBO The State Budget Process" [Youtube Video file].
Analyze the steps in the budgeting process summarized in the NASBO presentation and discuss how the actions in the process can improve the value and reliability of budget-to-actual comparisons used in budget estimates. Provide an explanation for the budget-to-actual limitations.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.