Explain current understanding of elements of public finance


Discuss the below:

Explain your current understanding of the elements of public finance as it applies to either law enforcement or corrections organizations. Explain what you know about the basic process through which budgetary decisions are made in your current place of employment. If unemployed, explain what you knew about the process at a previous place of employment. Describe your perceptions of how these decisions affect you and your work. Think about the following elements and include these in your description as appropriate:

The identification of relevant stakeholders

Legal mandates

Media pressures

Other aspects of the organization's decision-making process

 

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