Discussion Post: Public Budgeting Forecasting
o Check the budget amounts actually adopted for 2018-by spending category and for the total budget (see row 42)-based on the low (in C34-C42) and high (in D34-D42) projections. Use % differences in E34-E42 (2018 budget - low projection)/low projection and F34-F42 (2018 budget - high projection)/ high projection.
o Assess whether trending assumptions were correct-remember we expected the compensation categories to trend (check out B17 through D17 and B18 through D18 to see if those year-over-year % changes seem to be following a consistent trend) and the non-compensation categories not to trend.
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.