Public budget cycle
Develop a four- to five-page paper in which you analyze the Public Budget Cycle in a government agency of your choice. Be sure to include each of the phases of the budget cycle (preparation and submission, approval, execution and audit, and evaluation) and address how each relates to the overall organizational mission of the government agency.
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
Public budgeting is usually a long and tiresome process. This stems from the fact that there are a lot of processes which must be strictly followed. At the same time, there are various rules associated with these steps that must be followed. The budget must also ensure that the interests of all stakeholders to the met are included. It is of great importance to know that there are several activities related in the process of formulating a public budget. As a result of this, activities in one stage can have impact on the decisions made in other stages. In public budgeting, executives can use auditing and execution to come up with the next budget. All steps involved in the public budget cycle are of great importance. This is because they…………….
APA
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