What are the advantages and disadvantages of conducting a cost-benefit analysis when examining programs and policies for the City of Kelsey
The City of Kelsey is experiencing a budget crisis. A federal grant for the police department was cut, and the city\’s mayor must now decide the appropriateness of allocating funds to public safety or plans for the Stanley Park Project. The mayor and City Council drafted a list of critical questions to assist in decision-making.
Write Part I of your response to the City Council. Your 1,050- to 1,400-word initial draft of this response should address each of the following questions:
What are the advantages and disadvantages of conducting a cost-benefit analysis when examining programs and policies for the City of Kelsey?
What tools might you use to analyze policy decisions for the City of Kelsey?
How might your selection of these tools differ when analyzing policy decisions for the private sector?
Include at least five peer-reviewed references from the University Library.
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