What the financial crises implied about budgeting processes


Assignment

Analyze the cases presented in chapter 8 of the text, Looking Back for Future Lessons: Some Important Cases, located on pages 311-316.

Provide brief summaries, 200-250 words each, of the New York City and Orange County cases.

Explain how the New York City and Orange County financial crises impacted:

1. Each government
2. Other local governments
3. The bond market, including prospectus requirements

Explain what the financial crises implied about the operational and/or capital budgeting processes in each case.

Explain what government can do to anticipate and remedy financial crisis. Apply these actions to each of the cases.

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

Attachment:- Case-311-316.rar

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