Homework: What Is the Forecast Paper
Details:
For this homework, you will continue to focus on the same city or county that you selected. (PHOENIX, AZ)
Based on the city's or county's CAFR and budget information, identify elements involved in budget preparation, enactment, and execution.
Next, analyze possible forecasting approaches for determining spending levels for the next year. What approach do you believe would be most appropriate for determining future spending needs? I was going to go for the Multiple Linear Regression Forecasting Method.
Write a 700 to 1,050 words paper summarizing the elements involved in budget preparation, enactment, and execution, and the forecasting approach(es) your team would use for determining next year's spending. Include rationale to support your forecasting approach(es).
Format your homework according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.