Assignment task: Please answer the following questions in in-depth detail. Please mark your answer as the same number as the question for easy access and consistency.
Q1. Explain the various local government revenue sources and their importance in the budget process?
Q2. What are the role of citizens and public involvement in the budget process? How do government entities accomplish this involvement?
Q3. Explain the different types of taxes and fees assessed upon citizens by state and local governments. How are these various funds used?
Q4. Fully explain the purpose of a strategic plan when it comes to budgeting. What does it entail, and how often should it be updated?
Q5. How does the chief executive of an organization shroud their political or administrative agenda in the budget process? How do the local political culture and tradition enhance or restrict this agenda?