Prepare a Case Study Explaining the Constraints and Opportunities of the State B


Prepare a Case Study Explaining the
Constraints and Opportunities of the State Budget Process
Public Budget and Financing
The budgeting process for
state governments reflects the legal and public opinion constraints experienced
at this level of government. It strengthens budget outcomes when administrators
engage the public in a transparent process. This assignment provides you with
an opportunity to build skills in communicating the budget process and its
limitations to a professional audience that is familiar with accounting
practices.
Select a state government
and review published information about the organization’s most recent budget
process. This can be the public organization you selected for the assignment in
Week 1 if your organization is a state government agency or a different one you
select for this week’s assignment.
Prepare a case study
article for a professional accounting journal, describing the challenges and
practices in the budget process for your state government. Discuss the constraints
and challenges facing state leaders for one year, including the following
elements:
Describe the state agency that you selected. Colorado
Explain the state’s approach to gathering requirements and assess
the degree to which this process is inclusive and reaches the full range
of constituents.
Enumerate initiatives designed to include the public or special
interest groups in the decision-making process.
Explain how the costs of government products and services are
projected, including the factors or tools used to project revenues and
provide for contingencies.
Describe the decision-making and prioritization process, including
ways that the state incorporates cost-benefit analysis in making
determinations.
Include a description of the accounting practices and constraints
that will ensure that the budget will support effective services and
operations for the fiscal year.
Add descriptions of noteworthy or unanticipated conflicts that
arose during the process. How did the state resolve the issues?
References: Include a
minimum of 3 scholarly resources.
References
Brogan, M. J.
(2014). Modern budget forecasting in the American States: Precision,
uncertainty, and politics. Lexington Books. Kioko, S. (2017). Financial
strategy for public managers. Open Textbook Library.
Willoughby, K. G.
(2014). Public budgeting in context: Structure, law, reform, and
results. Jossey-Bass.
Governor’s
Office of Planning and Budget. (n.d.). Retrieved January 25, 2021. Kioko,
S. (2017). Financial strategy for public managers. Open
Textbook Library.
National
Priorities Project. (n.d.). Budget Process Federal Budget
101. Walker,
D. T., Bourne, L. M., & Shelley, A. (2008). Influence, stakeholder mapping
and visualization. Construction Management &
Economics, 26(6), 645. Governor’s
Office of Planning and Budget. (n.d.). Retrieved January 25, 2021. Kioko, S. (2017). Financial strategy for public
managers. Open Textbook Library.
National Priorities Project. (n.d.). Budget
Process Federal Budget 101. Walker, D. T., Bourne, L. M., & Shelley, A. (2008).
Influence, stakeholder mapping and visualization. Construction Management & Economics, 26(6),
645.


Leave a Reply