Government budgeting processes

Government budgeting processes

Develop a four- to five-page APA-style paper by following the guiding statements below, using a local, state, or federal government agency’s budget:

1. Analyze how and where revenues are derived for the agency.
2. Analyze which revenues are used in which funds: governmental, proprietary, and fiduciary.
3. Evaluate how public policy decisions affect the receipt of revenues and possible restrictions that are (or can be) placed on the revenues.
4. Analyze the economic conditions that affect revenue projections.

Your paper must be four to five pages (not including title and reference pages) and must be formatted according to APA style as outlined in the approved APA style guide. You must cite at least three scholarly sources in addition to the textbook.

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Introduction

            Budgeting shows the government’s ability to effectively use its funds. In many government agencies, research conducted reveals that their budgeting practices conform to good practices in budgeting. This is because the research reveals that these agencies prioritize their expenditure on the most essential activities. At the same time, these budgets usually control their spending thus delivering value for the people’s money. To achieve this, these agencies usually undergo a lot of processes involved in the formulation and approval of their budget. For example, in the financial year 2012-13, the United States federal government………………..

APA

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