Assignment
Focus on capital improvements as it pertains to budgeting. Before beginning the discussion, be sure to read Chapter 11, the associated lecture, and review the example CIPs in the short reading folder.
In most communities, capital improvements make up a large percentage of the budget - in some cases, 50% or more of all government expenditures. These projects can range from the normal to the absurd depending on the community.
For this assignment, I want you to consider the capital projects that your local community has budgeted for during the next year (this should be easy if you are working on your final paper!).
a. Do the projects seem reasonable given what you know about the community and its needs?
b. Are there any projects within the budget that you find surprising or inappropriate? Why?
c. Do the project costs seem affordable to the community?
d. Who is slated to pay for the project, if you know - current taxpayers (pay as you go) or future taxpayers (funded with debt/future revenue)?
Format your assignment according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.