Multi-year Budget Evaluation
This assignment is the second of a three-part process.
Using the selected government budget from Part I in the previous unit, evaluate the past three years’ allocation of public goods. Develop an analysis including the following:
Evaluate goals and priorities of the local government goods and services.
Assess internal and external challenges for providing goods and services.
Evaluate budget stabilization measures.
Provide recommendations.
Your report should consist of no less than two pages, and all sources utilized should be cited and referenced using APA style. Please ensure that you include a cover page and reference page. Remember that the cover page and reference page are not included in the page expectation.
Using your favorite search engine, select a local government budget that has not filed a petition for bankruptcy. Evaluate the past three years of the selected government’s distribution of income. Develop an analysis including the following:
- Evaluate trends of revenue sources and balances (funds, surpluses, deficits) and how they impact the government’s budget.
- Evaluate ethical practices of financial policy on taxes, fees, and charges.
- Assess internal/external opportunities and challenges of revenue sources.
After using your favorite search engine to locate, read, evaluate and analyze the local government budget, than you can complete the Part II of the assignment.
You can find and use any local government budget (Not State). Therefore, you don’t have to do PART I just read about it and use that information to complete PART II. (I did Part I on a state budget and I was given a break (second chance) to complete Part II using a local government without redoing part I.
Solution Preview
The following financial analysis will focus on the budget revenue and expenditure for the Alameda County in the State of California for a period of three fiscal years – 2014 to 2016, since data on the fiscal year 2017 is in the form of guesstimate (Christopher, 2018). The analysis will mainly focus on the goals and priorities of the Alameda County government, internal and external challenges facing the local government in the provision of goods and services and the available budget stabilization measures such as ethical practices and policy on tax, fees and other charges.
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