Choice one - Your role is as a public official elected at the local city level, 50,000 to 250,000 population. After reviewing the course concepts you will identify several issues that directly connect to the written assignment. In addition to reading the assigned text materials to develop knowledge about the concepts, a thorough master's level education requires the development of effective research skills. In this assignment you will work to develop a rich resource of academic sources to support your paper.
Prepare a 15- to 20-page double spaced paper (excluding the title and reference page) on the following topic:
You have a $10 million dollar budget allocated to you by the city manager and can get up to 100% matching federal funds if you meet the federal standards. You have been asked by the mayor to determine how to allocate the budget to best support the needs of the city. These include but are not be limited to supporting capital requirements, operational requirements, and subsidizing non-profit organizations or used as economic incentives to bring new private concerns into the city.
Prepare a report for the mayor and city council on your proposed expenditure plan assessing the key course objectives including fund accounting and financial controls, control and management of public expenditures, government financial reporting requirements, analyzing financial statements and budgets to make appropriate administrative decisions, and applying budgets as disciplinary process.