this is a finance and budgeting class

  

An organization’s operational budget is
no more than next year’s action plan in financial terms. It should list major
goals and objectives for the upcoming year, as outlined in an organization’s
strategic plan. The budget must identify which programs or services best
achieve those goals and estimate all expenses necessary to deliver them. Budget
documents should also include expectations for revenue. Despite the necessary
elements involved in all operational budgets, these documents can vary in
quality from organization to organization. Each year, the Government Finance
Officers Association (GFOA) awards government organizations for the quality of
their budget documents, using criteria established in its Distinguished Budget
Presentation Award Program.
In this Assignment, you evaluate a
budget document using the above criteria. Review the criteria for the GFOA’s
Distinguished Budget Presentation Award Program in the Learning Resources for
this week. Then, select a public organization and a specific budget document
from the organization.
The Assignment:
Write a 6- to 8-page double-spaced
paper (not including the cover and reference pages) in which you do the
following:

Briefly describe the organization and the budget
document you selected.
Identify the specific type of budget document you
selected.
Evaluate the budget document using GFOA criteria.
Explain whether or not the budget document serves
the constituents and other stakeholders of the organization.
Use from the library at least two scholarly sources
that were published within the past five years to support your paper. Be
sure to follow APA guidelines when citing your sources.
Mikesell, J. L. (2014). Fiscal administration:
Analysis and applications for the public sector (9th ed.). Boston, MA:
Wadsworth.

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Chapter 3, “Federal Budget Structures and
Institutions” (pp. 90–143)
Chapter 4, “State and Local Budgets” (pp.
152–173)
Chapter 5, “Budget Methods and Practices” (pp.
178–218)
Chapter 6, “Budget Classifications, Systems, and
Reform: Trying to Make Better Choices” (pp. 240–292)

Government Finance Officers Association. (2014).
Distinguished Budget Presentation Award Program (Budget Awards Program).
Retrieved from http://www.gfoa.co/sites/default/files/BudgetDetailedCriteriaLocationGuideFY2015.pdf

Optional
Resources

Government Finance Officers Association. (2014).
Budgeting for outcomes. Retrieved from http://www.gfoa.org/index.php?option=com_content&task=view&id=506&Itemid=270

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